HomeNew MexicoTorrance County
Torrance County, New Mexico: commercial real estate data.
Torrance County, New Mexico had an estimated 15,986 residents on July 1, 2024, up 6.2 percent since the 2020 census base of 15,047, across 3,345 square miles. County output reached $881.3 m in 2024, 205 establishments operate here, and the SBA record carries 10 7(a) approvals worth $11.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Torrance County
How many people live in Torrance County
- Population, American Community Survey 2020-202415,490
- Households6,052
- Average household size2.56
- Median household income$57,842
- Median age43.3
- Median gross rent$872 per month
- Median owner-occupied home value$159,700
- Home value to household income2.8 times
- Annual rent as a share of median income18.1 percent
- Adults 25 and over with a bachelor degree or higher16.6 percent
- Adults 25 and over with a graduate degree4.7 percent
- Adults 25 and over11,155
- Population under 183,134
- Share under 1820.2 percent
- Population 65 and over3,488
- Share 65 and over22.5 percent
- Working age population, 18 to 648,868
- Civilian labor force6,864
- Unemployment rate9.0 percent
- Labor force participation, adults 18 and over55.6 percent
- Rank by population among New Mexico counties23rd of 33
- Rank by population among US county-equivalents, Puerto Rico included2127th of 3,222
Torrance County is the 23rd largest of 33 New Mexico counties by population. A median home costs 2.8 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 22.5 percent against 20.2 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Torrance County
Is Torrance County's population growing?
- Population, July 1, 202415,986
- Census 2020 base population15,047
- Population change since the 2020 census base6.24 percent
- Population change, 2023 to 2024287
- Births, 2024158
- Deaths, 2024185
- Natural change, 2024-27
- Net domestic migration, 2024313
- Net international migration, 20244
- Total net migration, 2024317
- Cumulative net domestic migration, 2021 to 20241,112
- Rank by growth among US county-equivalents375th of 3,144
The county has grown 6.24 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Torrance County
Where are people moving to Torrance County from?
- Tax returns filed by households arriving485
- People arriving, from those returns963
- Tax returns filed by households leaving393
- Net household movement92
- Adjusted gross income arriving$22.8 m
- Net adjusted gross income movement$3.3 m
- Average income of an arriving household$47,027
- Average income of a leaving household$49,583
- Largest single originBernalillo County (161 households)
- Largest single destinationBernalillo County (129 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Bernalillo County | 161 | 312 | $6.9 m |
| Santa Fe County | 97 | 187 | $3.8 m |
| Sandoval County | 27 | 55 | $1.3 m |
| Valencia County | 22 | 51 | $1.0 m |
Households arriving report $2,556 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Bernalillo County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Torrance County
What is the Torrance County economy?
- County GDP, 2024$881.3 m
- County GDP, 2023$815.9 m
- GDP change, 2023 to 20248.0 percent
- GDP change over five years95.0 percent
- Rank by GDP among the New Mexico areas BEA publishes21st of 33
- Rank by GDP among the US county areas BEA publishes1948th of 3,127
- GDP per resident$56,896
Output grew 8.0 percent in the latest year and 95.0 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Torrance County
Employment by industry in Torrance County
- Covered employment, annual average3,165
- Establishments reporting368
- Average annual pay$51,439
- Average weekly wage$989
- Retail trade, employment509
- Retail trade, average annual pay$34,873
- Health care and social assistance, employment308
- Health care and social assistance, average annual pay$35,822
- Administrative and support and waste management services, employment234
- Administrative and support and waste management services, average annual pay$61,790
- Wholesale trade, employment175
- Wholesale trade, average annual pay$50,127
- Construction, employment138
- Manufacturing, employment127
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 509 | 43 | $34,873 |
| Health care and social assistance | 308 | 63 | $35,822 |
| Administrative and support and waste management services | 234 | 10 | $61,790 |
| Wholesale trade | 175 | 11 | $50,127 |
| Construction | 138 | 30 | $47,990 |
| Manufacturing | 127 | 14 | $138,968 |
| Other services, except public administration | 63 | 16 | $74,918 |
| Information | 33 | 6 | $45,204 |
Retail trade is the largest private sector at 509 jobs, 16.1 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Torrance County
How many businesses are in Torrance County?
- Establishments, all industries205
- Employment at those establishments2,070
- Annual payroll$107.8 m
- Establishments per 1,000 residents13.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Torrance County
SBA loans in Torrance County (7(a) and 504)
- 7(a) approvals recorded10
- 7(a) gross approval dollars$11.7 m
- Average 7(a) approval$1,174,480
- Median 7(a) approval$514,700
- Largest single approval$4,236,000
- Jobs reported supported, 7(a)151
- Jobs per approval15.1
- Distinct 7(a) lenders active7
- Distinct industries receiving approvals7
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer80.0 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter1
- Franchise loans1
- Franchise share of approvals10.0 percent
- Leading industry by approval countOther Gasoline Stations (3)
- Most active lenderOpen Bank (3)
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Torrance County
SBA loan default and charge-off rates in Torrance County
Do SBA loans in Torrance County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Cancelled4
- Status: Paid in full2
- Status: Exempt from disclosure4
Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Torrance County
SBA lending by place in Torrance County
- Borrower cities with recorded lending3
- Moriarty, approvals8
- Edgewood, approvals1
- Mountainair, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Moriarty | 8 | $11,100,000 |
| Edgewood | 1 | $544,800 |
| Mountainair | 1 | $100,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Torrance County
How large is Torrance County?
- Land area3,345 sq mi
- Rank by land area among New Mexico counties20th of 33
- Width, east to west67.1 mi
- Height, north to south54 mi
- Geographies sharing a boundary7
- Residents per square mile of land5
- Establishments per square mile0.06
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Torrance County
Flood risk in Torrance County
- Participation of the county's own NFIP community Torrance County, unincorporated areasParticipating, community 350133
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP3
- NFIP participation rate75.0 percent
- Communities carrying a CRS class0
- Radon levels in Torrance County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Torrance County (community 350133), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Torrance County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 75.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Torrance County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Torrance County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202415,490
- Households6,052
- Average household size2.56
- Median household income$57,842
- Median age43.3
Common questions
Torrance County questions, answered from the record.
How many people live in Torrance County, New Mexico?
The Census Bureau estimates 15,986 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 15,490, in 6,052 households, ranking 23rd of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Torrance County's population growing?
The population has grown 6.24 percent since the 2020 census base of 15,047, to 15,986 on July 1, 2024. In 2024 there were 158 births against 185 deaths, with net migration of 317. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Torrance County?
$57,842. The median owner-occupied home is valued at $159,700, which is 2.8 times income, and median gross rent is $872 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Torrance County?
205 establishments, employing 2,070 people with an annual payroll of $107.8 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Torrance County?
Retail trade is the largest private sector at 509 jobs, 16.1 percent of covered employment. Covered employment averages 3,165 jobs at an average annual pay of $51,439, or $989 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Torrance County?
10 7(a) approvals totaling $11.7 m since FY2020, across 7 lenders, with a median approval of $514,700. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Torrance County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Torrance County come from?
The largest single origin is Bernalillo County, with 161 households. Arriving households report an average income of $47,027 against $49,583 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Torrance County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Torrance County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Torrance County
Cities and places in Torrance.
14 Census places lie wholly or partly in Torrance County. 13 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Moriarty | city | 2,102 | 8 | Wholly in this county |
| McIntosh | CDP | 1,943 | None recorded | Wholly in this county |
| Estancia | town | 1,432 | None recorded | Wholly in this county |
| Mountainair | town | 1,178 | 1 | Wholly in this county |
| Indian Hills | CDP | 622 | None recorded | Wholly in this county |
| Willard | village | 248 | None recorded | Wholly in this county |
| Tajique | CDP | 130 | None recorded | Wholly in this county |
| Torreon | CDP | 125 | None recorded | Wholly in this county |
| Punta de Agua | CDP | 46 | None recorded | Wholly in this county |
| Encino | village | 31 | None recorded | Wholly in this county |
| Deer Canyon | CDP | 29 | None recorded | Wholly in this county |
| Manzano Springs | CDP | 7 | None recorded | 77.9 percent here, 22.1 percent Bernalillo County |
| Duran | CDP | 0 | None recorded | Wholly in this county |
| Manzano | CDP | 0 | None recorded | Wholly in this county |
A further 1 of the county's 10 SBA 7(a) approvals are to borrowers in cities that match no Census place in Torrance County, the largest being Edgewood (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.