Economy & Jobs — Torrance County, New Mexico

Employment

Total Establishments212
Total Employees2,124
Avg Annual Employment3,165
Avg Annual Pay$51,439
Total Annual Wages$162,786,732
Annual Payroll (thousands)$95,399
Unemployment Rate10.8%

Income

Median Household Income$50,727
Poverty Rate21.3%
IRS Returns6,560
Total AGI (thousands)$305,019
Average AGI per Return$46,497

Federal Spending

Total FY2024$107,077,505
Per Capita$7,117
Population Basis15,045

Agriculture

Total Farms64
Land in Farms (acres)944,913
Avg Farm Size (acres)14,764
Year2,022

Dining & Food Establishments

Full-service Restaurants4
Fast Food7
BarsN/A
Coffee & SnacksN/A

Data provenance: aggregated from town-level sources, county.json. Rebuilt 2026-04-13T15:43:29.363645+00:00; aggregated 2026-04-13T16:08:24.496396+00:00.