Torrance County, New Mexico 

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United States / New Mexico / / Torrance County / Cities / Zip Codes

Economy in Torrance County, New Mexico

Torrance County has an unemployment rate of 7.4%. The US average is 3.7%.

Torrance County has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Torrance County
- The Sales Tax Rate for Torrance County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Torrance County is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Torrance County
- The average income of a Torrance County resident is $18,278 a year. The US average is $28,555 a year.
- The Median household income of a Torrance County resident is $34,720 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYTorrance, New MexicoUnited States
  7.4%3.7%
  3.4%1.6%
  28.1%33.5%
  5.1%6.2%
  4.9%4.6%
  $19,129$31,177
  $35,543$57,652
  $49,514$70,850
  POPULATION BY OCCUPATION
  8.9%1.3%
  0.6%0.6%
  7.2%6.2%
  2.7%10.4%
  2.9%2.7%
  12.3%11.6%
  3.3%4.1%
  1.6%0.9%
  1.0%2.1%
  1.4%4.7%
  0.3%1.9%
  5.7%6.7%
  0.0%0.1%
  4.7%4.3%
  10.7%9.3%
  13.0%13.8%
  3.2%2.2%
  7.7%7.4%
  5.1%4.9%
  7.5%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    MAPS OF TORRANCE COUNTY, NEW MEXICO
    ZIP CODES IN TORRANCE COUNTY, NEW MEXICO
    87035 87016 87036 87061 87032 87063 87070 88321

    NEW LISTINGS IN TORRANCE
    $395,000
    25 Crow Bait Trl
    Bed 3 | Bath 2

    $79,900
    509 W Joseph Ave
    Bed 2 | Bath 1

    $49,900
    301 W Broadway
    Bed 3 | Bath 3

    $245,000
    64 Arrowhead Rd
    Bed 2 | Bath 3

    $105,000
    602 Highland Ave
    Bed 2 | Bath 1

    $85,000
    108 Gonzales Rd
    Bed 2 | Bath 1

    $175,000
    39 Valley Irrigation Rd
    Bed 3 | Bath 2


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