Truth Or Consequences, NM 87901 Multi-family Properties For Sale
The median home value in Truth Or Consequences, NM 87901 is $120,300. This is lower than the county median home value of $140,200. The national median home value is $338,100. The average price of homes sold in Truth Or Consequences, NM 87901 is $120,300. Approximately 48.14% of Truth Or Consequences, NM 87901 homes are owned, compared to 22.33% rented, while 29.53% are vacant. Truth Or Consequences, NM 87901 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Truth Or Consequences, NM 87901 real estate agent to arrange a tour today!
Learn More About Truth Or Consequences, NM 87901 Real EstateStatistics & facts
6,500
Population
$120K
Medium Home Value
2,708
# of Households
29.53%
Housing Vacancy
14.15%
Future Job Growth
6.10%
Unemployment Rate
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Realtor Association of Southern Kentucky. All rights reserved.
Population
Truth Or Consequences, NM 87901 has a population of approximately 6,500 and experiences a population change rate of -17.59%. The population density is 8.1 / sq mi.
Household
The median household income for Truth Or Consequences, NM 87901 is $28,819, with 2,708 households and an average household size of 2.21.
Cost of Living
The cost of living index in Truth Or Consequences, NM 87901 is 74.9%.
Home Value
The median value of a home in Truth Or Consequences, NM 87901 is $120,300 with an appreciation rate of 12.5%. 48.1% of housing in the zip code is owned while 22.3% is rented.
Employment
The unemployment rate in Truth Or Consequences, NM 87901 is 6.10%, and recent job growth is at -4.00%. Future job growth is projected at 14.15%.
Taxes
The sales tax rate in Truth Or Consequences, NM 87901 is 8.50%, while the income tax rate is 4.90%.
Education
School expenditures in Truth Or Consequences, NM 87901 are $14,048, and the school ratio is 14.5:1.
Weather
The average high temperature in July is 94.6 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 11 inches per year, with 3.2 inches of snow per year.
Education near Truth Or Consequences NM, 87901
| Metric | City | County |
|---|---|---|
| High School Graduates | 87.63 | 89.53 |
| College Degree - 2 year | 10.36 | 9.94 |
| College Degree - 4 year | 22.05 | 19.79 |
| Graduate Degree | 7.88 | 6.44 |
| Expenditures per Student | $14,048 | $14,048 |
| Students per Teacher | 14.50 | 14.50 |
Elementary Schools near Truth Or Consequences NM , 87901
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Arrey Elementary School | PK - 05 | 122 | 12.2 | 87930 |
| Garfield Elementary School | KG - 05 | 140 | 11.6 | 87936 |
| Hatch Valley Elementary School | PK - 02 | 238 | 17 | 87937 |
| Rio Grande Elementary School | 03 - 05 | 229 | 17.6 | 87937 |
| San Lorenzo Elementary School | PK - 06 | 63 | 9 | 88041 |
| T Or C Elementary School | PK - 03 | 435 | 16.6 | 87901 |
Middle Schools near Truth Or Consequences NM , 87901
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Hatch Valley Middle School | 06 - 08 | 303 | 15.1 | 87937 |
| Sierra Elementary School | 04 - 05 | 172 | 17.8 | 87901 |
| T Or C Middle School | 06 - 08 | 298 | 15.6 | 87901 |
High Schools near Truth Or Consequences NM , 87901
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Hatch Valley High School | 09 - 12 | 385 | 17.4 | 87937 |
| Hot Springs High School | 09 - 12 | 361 | 14.6 | 87901 |
