Economy in Truth or Consequences, New Mexico
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Economy
| Unemployment Rate | 6.90% | 9.10% |
| Recent Job Growth | 1.07% | -0.12% |
| Future Job Growth | 35.24% | 31.25% |
| Sales Taxes | 7.25% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $18,313 | $27,067 |
| Household Income | $27,314 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 28.05% | 12.10% |
| Income between 15K and 25K | 18.82% | 10.18% |
| Income between 25K and 35K | 13.76% | 10.56% |
| Income between 35K and 50K | 16.21% | 14.98% |
| Income between 50K and 75K | 14.23% | 19.53% |
| Income between 75K and 100K | 4.63% | 12.52% |
| Income between 100K and 150K | 2.55% | 12.14% |
| Income between 150K and 250K | 0.88% | 3.91% |
| Income between 250K and 500K | 0.72% | 3.34% |
| Income greater than 500K | 0.16% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.85% | 13.81% |
| Professional and Related Occupations | 24.01% | 22.68% |
| Service | 25.87% | 14.51% |
| Sales and Office | 22.47% | 25.22% |
| Farming, Fishing, and Forestry | 0.77% | 0.68% |
| Construction, Extraction, and Maintenance | 11.98% | 9.37% |
| Production, Transportation, and Material Moving | 12.44% | 15.86% |
The unemployment rate in Truth or Consequences, NM, is 6.90%, with job growth of 1.07%. Future job growth over the next ten years is predicted to be 35.24%.
Truth or Consequences, NM Taxes
Truth or Consequences, NM,sales tax rate is 7.25%. Income tax is 5.30%.
Truth or Consequences, NM Income and Salaries
The income per capita is $18,313, which includes all adults and children. The median household income is $27,314.
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