Socorro employment information

IndexSocorroNew MexicoNational
Income per capita$17,929$24,459$29,829
Median household income$33,214$45,674$55,322
Median income owner occupied$43,176$55,941$70,586
Median income renter occupied$22,969$29,282$35,192
Median earnings male$19,767$31,150$36,919
Median earnings female$18,684$22,439$26,250
Unemployment rate4.0%5.0%4.7%
Poverty level28.6%20.9%15.1%
The Socorro, NM employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Socorro is $17,929, which is 27% lower than than the New Mexico average and 40% lower than than the national average. The median household income is $33,214, which is 27% lower than than the New Mexico average and 40% lower than than the national average. The unemployment rate in Socorro is 4%, which is 14% lower than than the national average. The poverty rate in Socorro is 29% which is 89% higher than than the national average.

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am i middle class

$Input your household income
$22,140$33,214$66,428
City
$30,446$45,674$91,348
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Socorro is 40% lower than the national average.
  • The median household income in Socorro is 40% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Socorro is 14% lower than the national average.
  • The poverty level in Socorro is 89% higher than the national average.

Real Estate Listings In Socorro

Compare Socorro, NM Employment To Other Cities

Employment status

Hours worked per week

Socorro median earnings by income bracket

Socorro employment by industry

Labour TypeMaleFemale
Construction industry0.4%0.0%
Manufacturing sector2.2%0.6%
Financial & insurance services2.5%3.3%
Wholesale & retail services7.1%5.6%
Public administration7.4%5.9%
Transportation, warehousing & utilities1.9%1.4%
Education, health & social services35.0%50.0%
Other42.8%29.5%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Alamillo, NM119$61,59111%
Luis Lopez, NM239$28,83048%
Polvadera, NM486$16,35270%
Chamizal, NM41$0100%
Escondida, NM18$0100%
Socorro, NM8,760$33,21440%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
South Amboy, NJ8,762$66,29420%
Cloverdale, CA8,763$64,14416%
McRae-Helena, GA8,763$28,41149%
Booneville, MS8,764$30,34045%
Elgin, TX8,756$42,86923%
Socorro, NM8,760$33,21440%
Source: The Socorro, NM employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).