Market insights · New Mexico
Torrance County, NM: growth, migration and housing
Torrance County has 16,100 residents, up 6.9% since 2020 (+1.0% in the last year). In 2022–2023, 531 households moved in and 438 moved out (+93 net), bringing in a net $4.0M of income. Median household income is $57,842, the median home $159,700 and median rent $872 a month.
In New Mexico: 2nd of 33 counties for 5-year population growth · 2nd of 32 counties for net in-migration (per resident) · 9th of 32 counties for median household income · 20th of 33 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Torrance County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Bernalillo County, NM | 224 | $11.6M |
| Santa Fe County, NM | 77 | $3.5M |
| Sandoval County, NM | 25 | $1.5M |
| Valencia County, NM | 23 | $1.0M |
Where leavers went
Top counties by households leaving Torrance County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Bernalillo County, NM | 154 | $6.7M |
| Santa Fe County, NM | 65 | $3.7M |
BizyFi in Torrance County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.