Torrance County, NM
Migration of people and income, 2022–2023 filing years
Between the 2022 and 2023 filing years, Torrance County, NM saw a net gain of 93 tax-filing households and a net gain of 219 individuals. On net, the area gained $4.0M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Bernalillo County; the largest outflow went to Bernalillo County. These figures cover federal income tax filers only and do not indicate why people moved.
Income (AGI) in and out
Where movers came from
- 1Bernalillo County, NM224$11.6M
- 2Santa Fe County, NM77$3.5M
- 3Sandoval County, NM25$1.5M
- 4Valencia County, NM23$992.0K
Where movers went
- 1Bernalillo County, NM154$6.7M
- 2Santa Fe County, NM65$3.7M
Net migration by year
| Year | Net AGI | Net people |
|---|---|---|
| 2012 | -$3.9M | -121 |
| 2013 | -$4.1M | -171 |
| 2014 | +$3.6M | -45 |
| 2015 | -$4.4M | -69 |
| 2016 | -$2.3M | -62 |
| 2017 | +$702.0K | +138 |
| 2018 | +$3.9M | +120 |
| 2019 | -$413.0K | +24 |
| 2020 | +$4.6M | +173 |
| 2021 | +$4.2M | +136 |
| 2022 | +$3.3M | +260 |
| 2023 | +$4.0M | +219 |
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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.