Economy & Jobs — Socorro County, New Mexico

Employment

Total Establishments227
Total Employees2,720
Avg Annual Employment4,870
Avg Annual Pay$51,836
Total Annual Wages$252,417,252
Annual Payroll (thousands)$94,474
Unemployment Rate4.4%

Income

Median Household Income$40,699
Poverty Rate30.5%
IRS Returns7,020
Total AGI (thousands)$332,886
Average AGI per Return$47,420

Federal Spending

Total FY2024$255,261,499
Per Capita$15,382
Population Basis16,595

Agriculture

Total Farms64
Land in Farms (acres)898,789
Avg Farm Size (acres)14,044
Year2,022

Dining & Food Establishments

Full-service Restaurants15
Fast Food9
BarsN/A
Coffee & SnacksN/A

Data provenance: aggregated from town-level sources, county.json. Rebuilt 2026-04-13T15:43:29.359143+00:00; aggregated 2026-04-13T16:08:24.492738+00:00.