Torrance County in figures

A profile of Torrance County from official statistics: 23 figures in 5 sections, each with its period, its change from a year earlier, its rank among similar places where a ranking exists, and its source.

Figures last updated on 2026-10-12.

People
Work and income
Economy
Prices and housing
Business and tourism
Sources and citations

People

Population in Torrance County was 16,100 in 2025, up 1% from 2024, and the 12th lowest of 33 counties in New Mexico.

Population16,1002025Up 1% from 2024The 12th lowest of 33 counties in New Mexico

Median age43.3 years2024Up 0.8 years from 2023The 11th highest of 33 counties in New Mexico

Population aged 65 and over24.3%2025Up 0.3 percentage points from 2024The 15th highest of 33 counties in New Mexico

Foreign-born population share3.9%2024Down 1.2 percentage points from 2023

Population density1.9 inhabitants per km²2025Up 1% from 2024

Net domestic migration, July to June2282025, estimatedCompared with 303 in 2024

Population, 2020 to 2025. persons. Source: U.S. Census Bureau, Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program).

Sources: U.S. Census Bureau, Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program); U.S. Census Bureau, American Community Survey 5-year estimates, table B01002: median age, total population; U.S. Census Bureau, Population Estimates Program, county population by age and sex (cc-est agesex): residents aged 65 and over as a percentage of the total, 1 July; states and the nation summed from counties; U.S. Census Bureau, American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs; U.S. Census Bureau, Population Estimates Program resident population on 1 July divided by land area from the latest Census Gazetteer files, persons per km²; U.S. Census Bureau, Population Estimates Program: net domestic migration, states and counties, July 1 of the previous year to June 30 of the reported year; vintage 2020 files for 2011 to 2020 and the latest 2020s vintage from 2021. Population and demography statistics and rankings

Work and income

Unemployment rate in Torrance County was 6.1% (provisional) in August 2026, up 0.9 percentage points from August 2025, and tied for the 5th highest of 33 counties in New Mexico.

Unemployment rate6.1%August 2026, provisionalUp 0.9 percentage points from August 2025Tied for the 5th highest of 33 counties in New Mexico

Median household income$57,8422024Up 25.1% from 2023The 9th highest of 32 counties in New Mexico

Per capita personal income$49,0492024Up 5.6% from 2023The 13th lowest of 33 counties in New Mexico

Poverty rate (US official measure)20.2%2024Down 2.8 percentage points from 2023

Gini index45.62024Up 3.2 points from 2023

Unemployment rate, July 2021 to August 2026. %. Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted.

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted; U.S. Census Bureau, American Community Survey 5-year estimates, table B19013: median household income in the past 12 months; U.S. Bureau of Economic Analysis, CAINC1: county annual personal income summary, per capita personal income, current dollars, individual counties and county equivalents; U.S. Census Bureau, Small Area Income and Poverty Estimates (SAIPE): percent of people of all ages in poverty, states and counties; U.S. Census Bureau, American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100). Labor market statistics and rankings

Economy

GDP (US dollars) in Torrance County was $881.31 million in 2024, up 8% from 2023, and the 13th lowest of 33 counties in New Mexico.

Gross domestic product (GDP), US dollars$881.31 million2024Up 8% from 2023The 13th lowest of 33 counties in New Mexico

GDP per capita, US dollars$55,1302024Up 6.1% from 2023The 12th highest of 33 counties in New Mexico

Real GDP growth7.7%2024Down 4.5 percentage points from 2023The 4th highest of 33 counties in New Mexico

Gross domestic product (GDP), US dollars, 2001 to 2024. USD million. Source: U.S. Bureau of Economic Analysis, CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions).

Sources: U.S. Bureau of Economic Analysis, CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions); Invokely, GDP in current dollars (BEA SAGDP2 and CAGDP1) divided by mid-year population (BEA SAINC1 and CAINC1); U.S. Bureau of Economic Analysis, CAGDP11: annual percent change in real GDP, all industry total, individual counties and county equivalents. Economy statistics and rankings

Prices and housing

Median home value in Torrance County was $159,700 in 2024, up 10.1% from 2023, and the 14th lowest of 33 counties in New Mexico.

Median home value$159,7002024Up 10.1% from 2023The 14th lowest of 33 counties in New Mexico

County house price annual change, sales and refinances-2.53%2025Down 20.03 percentage points from 2024The 3rd lowest of 26 counties in New Mexico

Median gross rent (monthly)$8722024Up 3.2% from 2023The 17th highest of 33 counties in New Mexico

Homeownership rate (US, housing units)81.7%2024Up 0.1 percentage points from 2023

Median home value, 2021 to 2024. USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units.

Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units; Federal Housing Finance Agency, FHFA developmental all-transactions county house prices, published annual percent change, nominal, not seasonally adjusted; U.S. Census Bureau, American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent; U.S. Census Bureau, American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs. Housing statistics and rankings

Business and tourism

Employer firms in Torrance County were 189 in 2023, down 0.5% from 2022, and the 9th lowest of 33 counties in New Mexico.

Employer firms1892023Down 0.5% from 2022The 9th lowest of 33 counties in New Mexico

Establishment entry rate8.374%2023Down 0.43 percentage points from 2022The 10th lowest of 32 counties in New Mexico

Establishment exit rate8.374%2023Down 1.9 percentage points from 2022The 8th lowest of 32 counties in New Mexico

Job creation rate10.106%2023Down 5.82 percentage points from 2022

Farms5772022No 2021 figure to compare

Employer firms, 1999 to 2023. count. Source: U.S. Census Bureau, Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties.

Sources: U.S. Census Bureau, Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties; U.S. Census Bureau, Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Census Bureau, Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Census Bureau, Business Dynamics Statistics: job creation rate, all covered industries, nation and states from 1978, counties from 2010; U.S. Department of Agriculture, National Agricultural Statistics Service, Census of Agriculture: number of farms, nation, states and counties (1997 to 2022). Companies statistics and rankings

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

U.S. Census Bureau. Annual estimates of the resident population for the United States, states and counties, 1 July (Population Estimates Program). https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-08.
U.S. Census Bureau. American Community Survey 5-year estimates, table B01002: median age, total population. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b01002.dat. Retrieved 2026-10-08.
U.S. Census Bureau. Population Estimates Program, county population by age and sex (cc-est agesex): residents aged 65 and over as a percentage of the total, 1 July; states and the nation summed from counties. https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/counties/asrh/cc-est2025-agesex-all.csv. Retrieved 2026-10-09.
U.S. Census Bureau. American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b05002.dat. Retrieved 2026-10-09.
U.S. Census Bureau. Population Estimates Program resident population on 1 July divided by land area from the latest Census Gazetteer files, persons per km². https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-09.
U.S. Census Bureau. Population Estimates Program: net domestic migration, states and counties, July 1 of the previous year to June 30 of the reported year; vintage 2020 files for 2011 to 2020 and the latest 2020s vintage from 2021. https://www.census.gov/programs-surveys/popest/data/data-sets.html. Retrieved 2026-10-12.
U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics: unemployment rate by county, not seasonally adjusted. https://download.bls.gov/pub/time.series/la/la.data.0.CurrentU25-29. Retrieved 2026-10-08.
U.S. Census Bureau. American Community Survey 5-year estimates, table B19013: median household income in the past 12 months. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19013.dat. Retrieved 2026-10-08.
U.S. Bureau of Economic Analysis. CAINC1: county annual personal income summary, per capita personal income, current dollars, individual counties and county equivalents. https://apps.bea.gov/regional/zip/CAINC1.zip. Retrieved 2026-10-11.
U.S. Census Bureau. Small Area Income and Poverty Estimates (SAIPE): percent of people of all ages in poverty, states and counties. https://www2.census.gov/programs-surveys/saipe/datasets/2024/2024-state-and-county/est24all.txt. Retrieved 2026-10-08.
U.S. Census Bureau. American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19083.dat. Retrieved 2026-10-10.
U.S. Bureau of Economic Analysis. CAGDP1: county GDP summary, current-dollar GDP (published in thousands of dollars, shown in millions). https://apps.bea.gov/regional/zip/CAGDP1.zip. Retrieved 2026-10-08.
Invokely calculation from GDP in current dollars (BEA SAGDP2 and CAGDP1) divided by mid-year population (BEA SAINC1 and CAINC1). https://invokely.ai/docs/methodology#gdp_per_capita_usd. Retrieved 2026-10-09.
U.S. Bureau of Economic Analysis. CAGDP11: annual percent change in real GDP, all industry total, individual counties and county equivalents. https://apps.bea.gov/regional/zip/CAGDP11.zip. Retrieved 2026-10-08.
U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-09.
Federal Housing Finance Agency (FHFA). FHFA developmental all-transactions county house prices, published annual percent change, nominal, not seasonally adjusted. https://www.fhfa.gov/hpi/download/annual/hpi_at_county.xlsx. Retrieved 2026-10-10.
U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.
U.S. Census Bureau. American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25003.dat. Retrieved 2026-10-09.
U.S. Census Bureau. Business Dynamics Statistics: employer firms, all covered industries, nation, states and counties. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-11.
U.S. Census Bureau. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
U.S. Census Bureau. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
U.S. Census Bureau. Business Dynamics Statistics: job creation rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Retrieved 2026-10-12.
Source: USDA National Agricultural Statistics Service, Census of Agriculture. Census of Agriculture: number of farms, nation, states and counties (1997 to 2022). Retrieved through Data Commons (datacommons.org). https://www.nass.usda.gov/AgCensus/. Retrieved 2026-10-11. Retrieved through Data Commons (https://datacommons.org).

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