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Truth or Consequences

Learn about the people, housing, costs and businesses in Truth or Consequences, New Mexico

Median Home$116,221
Median Rent$749/month
Population6,089
Leading IndustriesPublic Administration · Manufacturing30% public administration
Home Value Growth⬆⬆⬆+37.3% over 2 years
Retirees28% of residentswell above average
Homeowners60% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$116k median home · lower cost than 86% of the country
Truth or Consequences
NM

Explore Truth or Consequences

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Truth or Consequences?›

As of today, the 30-year fixed mortgage rate for Truth or Consequences is approximately 7.092% (7.138% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Truth or Consequences?›

The median home value in Truth or Consequences is $116k. The median monthly rent is $749. Annual property taxes average $721. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Truth or Consequences?›

Home values in Truth or Consequences have increased 37.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Truth or Consequences?›

Based on a typical all-in ownership cost of $564/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Truth or Consequences is $33k/year.

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What industries drive the economy in Truth or Consequences?›

The largest employment sectors in Truth or Consequences are public administration (30%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.