2025 Compare Cities Economy:
Truth or Consequences, NM vs Elko, NV

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Highlights
- Household income in Elko, is 178% more than it is in Truth or Consequences and is 14% above the National Average.
- Truth or Consequences unemployment rate is 9.4%.
- Elko unemployment rate is 3.3%.
 Truth or Consequences, NMElko, NVUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock0.4%1.6%
 Future Job Growth29.8%  Unlock33.5%
 Sales Taxes8.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$24,501  Unlock$37,638
 Household Income  Unlock$80,148$69,021
 Family Median Income$48,250  Unlock$85,028
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 Est. Households By Income
 Truth or Consequences, NMElko, NVUnited States
 Income Less Than 15K  Unlock10.0%9.4%
 Income between 15K and 20K11.0%  Unlock3.8%
 Income between 20K and 30K  Unlock7.8%8.1%
 Income between 30K and 40K8.5%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K4.5%  Unlock7.2%
 Income between 60K and 75K  Unlock7.6%9.6%
 Income between 75K and 100K5.9%  Unlock12.8%
 Income between 100K and 150K  Unlock23.1%16.3%
 Income between 150K and 200K1.5%  Unlock7.8%
 Income greater than 200K  Unlock6.8%9.5%
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 Population By Occupation
 Truth or Consequences, NMElko, NVUnited States
 Management, business, finance14.8%  Unlock16.4%
 Engineering, computers, science  Unlock9.5%6.5%
 Community, social services3.3%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library16.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.2%2.0%
 Healthcare practitioners and technology1.9%  Unlock6.2%
 Healthcare support  Unlock0.7%3.3%
 Firefighters, law enforcement2.2%  Unlock2.1%
 Food preparation, serving  Unlock8.0%5.4%
 Building maintenance4.1%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support14.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.9%0.6%
 Construction, extraction, maintenance/repair5.6%  Unlock8.1%
 Production, transportation, material moving  Unlock12.7%13.1%
Reviews for Truth Or Consequences    3 Reviews

I've lived here 10 years and was recently thinking about adding to my small rental portfolio...then I saw an episode of Island Life and Hawaii Life and remembered how  More

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Occasional crime sprees (series of break-ins, robberies) interspersed with fairly long periods of quiet. I feel MUCH safe than I would living in Albuquerque and will go  More

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Over 12 years ago

numbers can be deceiving-the stats don't look bad here for a lot of categories....but I lived in T or c for 7 yrs...maybe the air is clean in regard to normal industrial  More

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Reviews for Elko    4 Reviews

Elko is like all small Nevada towns - limited in many things and the only change as far as the eye can see are over priced housing starts, drugs and crime. I really like  More

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Over 16 years ago

Spent my teen years in Elko & my parents still live there. It is extremely isolated. Life revolves around the mining industry. The old ranching families that live  More

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Over 17 years ago

Elko has an economy that is fairly typical of mining areas, that is, boom and bust. I've lived here for about 16 or so years. It's boomed tremendously twice and busted  More

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