HomeNew MexicoSierra CountyTruth or Consequences city
Truth or Consequences city, New Mexico: commercial real estate data.
Truth or Consequences city is a Census city of 6,019 people across 28.00 square miles of land, in Sierra County. Median household income is $33,788, 58.2 percent of occupied homes are owned, and the SBA record carries 16 7(a) approvals to borrowers here worth $6.0 m.
76 sourced place values · tier FULL · 8 sections
Truth or Consequences
What Truth or Consequences is
- Census place typecity
- Land area28 sq mi
- Water area0.12 sq mi
- Population per square mile of land215
- County holding the largest share of its areaSierra County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Truth or Consequences
How many people live in Truth or Consequences
- Population6,019
- Median age44.6
- Population under 181,511 plus or minus 432
- Share under 1825.1 percent plus or minus 7.2
- Population 65 and over1,560
- Share 65 and over25.9 percent
- Households2,598
- Family households1,082
- Share of households that are families41.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Truth or Consequences
Income and work in Truth or Consequences
- Median household income$33,788 plus or minus $8,927
- Per capita income$21,566
- Civilian labor force2,007
- Employed1,974
- Unemployed33 plus or minus 31
- Unemployment rate1.6 percent plus or minus 1.5
- Adults 25 and over4,324
- Adults 25 and over with a high school diploma or higher88.6 percent
- Adults 25 and over with a bachelor degree or higher18.3 percent plus or minus 4.7
- Adults 25 and over with a graduate degree7.2 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Truth or Consequences
Housing in Truth or Consequences
- Housing units3,615
- Occupied units2,598
- Vacant units1,017 plus or minus 245
- Vacancy rate28.1 percent plus or minus 6.6
- Owner occupied1,511
- Renter occupied1,087 plus or minus 226
- Ownership rate58.2 percent
- Median owner-occupied home value$124,600
- Median gross rent, monthly$714
- Annual rent as a share of median income25.4 percent plus or minus 7.0
- Single family units1,667
- Share single family46.1 percent
- Units in buildings of two or more663 plus or minus 227
- Share in buildings of two or more18.3 percent plus or minus 6.2
- Mobile homes1,238
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Truth or Consequences
How Truth or Consequences gets to work
- Workers 16 and over who commute1,841
- Commuting under 15 minutes1,460 plus or minus 330
- Share commuting under 15 minutes79.3 percent
- Commuting 30 minutes or more228 plus or minus 122
- Share commuting 30 minutes or more12.4 percent plus or minus 6.4
- Drove alone75.3 percent
- Carpooled6.5 percent plus or minus 5.8
- Public transport0.0 percent
- Walked2.0 percent plus or minus 2.3
- Worked from home6.7 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Truth or Consequences
SBA 7(a) lending to Truth or Consequences borrowers
- Approvals16
- Gross approval$5,969,700
- Average approval$373,106
- Median approval$225,000
- Ninetieth percentile approval$405,000
- Largest approval$2,800,000
- Jobs supported129
- Jobs per approval8.1
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises12.5 percent
- Distinct lenders4
- Distinct industries by NAICS14
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Truth or Consequences
SBA 504 lending to Truth or Consequences borrowers
- Approvals1
- Gross approval$1,991,000
- Average approval$1,991,000
- Median approval$1,991,000
- Largest approval$1,991,000
- Jobs supported1
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Sierra County, not Truth or Consequences
Sierra County context, not Truth or Consequences figures
These are Sierra County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Truth or Consequences measurements.
- Establishments in Sierra County222
- Employment at those establishments, Sierra County2,180
- Covered employment, Sierra County3,522
- Average annual pay, Sierra County$44,291
- Average weekly wage, Sierra County$852
- County product, 2024, Sierra County$423,002,000
- County product change over the prior year, Sierra County4.9 percent
- Average income of an arriving household, Sierra County$45,883
Every figure in this section is published for Sierra County as a whole and is not a measurement of Truth or Consequences. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Truth or Consequences questions, answered from the record.
How many people live in Truth or Consequences, New Mexico?
6,019, in 2,598 households. Truth or Consequences city covers 28.00 square miles of land, which is 215 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Truth or Consequences in?
Sierra County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Truth or Consequences?
$33,788. The median owner-occupied home is valued at $124,600. Median gross rent is $714 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Truth or Consequences businesses?
16 7(a) approvals totalling $6.0 m, across 4 lenders, median approval $225,000, plus 1 504 approvals worth $2.0 m. These count approvals to borrowers whose address is in Truth or Consequences, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Truth or Consequences borrowers get paid back?
No rate is published for Truth or Consequences. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Truth or Consequences figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sierra County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Truth or Consequences.
Is zoning published for Truth or Consequences?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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