Economy & Jobs — Socorro, New Mexico

Income & Employment

Median Household Income (Census)$39,375
Estimated 2026~$58,500
Per Capita Income$26,305
Poverty Rate32.6%
Unemployment Rate2.1%
In Labor Force3,591

Top Industries

IndustryShare
Education Healthcare43.5%
Professional15.8%
Arts Food12.0%

Local Businesses (County)

TypeCount
Full Service Restaurants15
Fast Food9
Gas Stations8
Insurance Agencies7
Hotels Motels7
General Merchandise5
Auto Repair4
Dental Offices4
Commercial Banks3
Law Offices3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.