Income & Economy in Torreon, NM

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

N/A

Per Capita Income

$14,696

-60% vs national

Poverty Rate

28.3%

+108% vs national

Gini Index

0.4935

0 = perfect equality

Unemployment

4.0%

-22% vs national

SNAP Recipients

55.1%

of households

How Torreon Compares

Source: Census ACS (2023)
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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Torreon.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
43.2%
$25-50K
3.4%
$50-75K
16.1%
$75-100K
7.6%
$100-150K
29.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.0%

-37% vs NM avg

Labor Force

223

Employed

214

Mean Commute

48 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

4.7%

of adults 25+

High School Diploma+

35.0%

of adults 25+

Median Age

28.1

Work from Home

1.4%

of workers

The median household income in Torreon, NM is N/A. Per capita income is $14,696. The poverty rate of 28.3% is higher than the NM state average of 20.1%. The Gini index of income inequality is 0.4935, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.0%, compared to the state average of 6.4%. 4.7% of adults hold a bachelor's degree or higher. The average commute time is 48 minutes, with 1.4% working from home.