Pros and Cons of Living In Truth Or Consequences, New Mexico. Is Truth Or Consequences, NM a Nice Place To Live or Retire?

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Truth Or Consequences, New Mexico

Moving to Truth Or Consequences In New Mexico ? Is Truth Or Consequences, NM a Nice Place To Live? Pros and Cons of Living in Truth Or Consequences, New Mexico. Find out the best and worst about to live, raise a family or retire in Truth Or Consequences.

DEMOGRAPHICS

Population
5839
Unemployment
7.8%
66% NAT AVG.
Poverty
30.3%
116% NAT AVG.
Cost Of Living
79
21% NAT AVG.

ECONOMICS

Median Home Cost
$84300
63% NAT AVG.
Median Income
$28250
58% NAT AVG.
Median Rent
$505
56% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
85
37% NAT. AVG.
59% STATE AVG.
Violent Crime
20
11% NAT. AVG.
56% STATE AVG.
Property Crime
65
43% NAT. AVG.
61% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 3
Unemployed People
1 in 13
People Earning < $10,000
1 in 6
People Earning < $50,000
67.2%
People With Any Degree
1 in 3.1

ETHNICITY

Ethnicity Truth Or Consequences USA
White 59.8% 60.1%
African American 0.7% 12.2%
American Indian 4.1% 0.6%
Asian 1.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.4% 2.8%
Hispanic 33.4% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Truth Or Consequences USA
Less than $10,000 16.8% 5.8%
$10,000 to $14,999 12% 4.1%
$15,000 to $24,999 19.2% 8.5%
$25,000 to $34,999 9.4% 8.6%
$35,000 to $49,999 9.8% 12.0%
$50,000 to $74,999 10.2% 17.2%
$75,000 to $99,999 8.9% 12.8%
$100,000 to $149,999 10.8% 15.6%
$150,000 to $199,999 2% 7.1%

EDUCATION

Education Truth Or Consequences USA
< 9th Grade 5% 5.0%
9-12th Grade 9% 7.0%
High School or GED 28% 27.0%
Other College 26% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 13% 20.0%
Master's Degree 9% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Truth Or Consequences is a city in New Mexico state in USA with a population of 5839 residents.. The poverty rate of Truth Or Consequences is 30.3%, which is 116% higher than national average. The typical household in Truth Or Consequences earns $28250 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 67.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Truth Or Consequences remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Truth Or Consequences is 79, which is 21% lower than national average. In Truth Or Consequences, only 23% of adults have a bachelor's degree and 35% have some college but no degree. Median home value in Truth Or Consequences is $84300 , which is 63% lower than national average. While median income in Truth Or Consequences remained $28250, which is 58% lower than national average.
Truth Or Consequences Scorecard

Jobs40%

Housing30%

Affordability60%

Safety60%

Amenities60%

Diversity85%

Education60%

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