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2024 Compare Cities Economy:
Elephant Butte, NM vs Socorro, NM

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Highlights
- Household income in Socorro, is 9% less than it is in Elephant Butte and is 53% below the National Average.
- Elephant Butte unemployment rate is 9.4%.
- Socorro unemployment rate is 6.6%.

Economy
 Elephant Butte, NMSocorro, NMUnited States
 Unemployment Rate9.4%6.6%6.0%
 Recent Job Growth1.7%1.7%1.6%
 Future Job Growth29.8%27.2%33.5%
 Sales Taxes8.2%7.4%6.2%
 Income Taxes4.9%4.9%4.6%
 Income per Cap.$38,285$24,092$37,638
 Household Income$49,746$45,142$69,021
 Family Median Income$69,471$60,941$85,028
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 Est. Households By Income
 Elephant Butte, NMSocorro, NMUnited States
 Income Less Than 15K8.1%17.6%9.4%
 Income between 15K and 20K5.3%7.1%3.8%
 Income between 20K and 30K23.2%11.9%8.1%
 Income between 30K and 40K5.9%10.1%8.0%
 Income between 40K and 50K8.3%7.3%7.6%
 Income between 50K and 60K10.3%8.4%7.2%
 Income between 60K and 75K10.7%6.1%9.6%
 Income between 75K and 100K4.1%10.0%12.8%
 Income between 100K and 150K15.2%12.1%16.3%
 Income between 150K and 200K7.9%7.0%7.8%
 Income greater than 200K1.1%2.5%9.5%
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 Population By Occupation
 Elephant Butte, NMSocorro, NMUnited States
 Management, business, finance7.9%10.4%16.4%
 Engineering, computers, science6.4%19.0%6.5%
 Community, social services0.0%0.6%1.8%
 Legal0.0%0.0%1.2%
 Education, library12.3%17.3%6.2%
 Arts, design, media, sports, entertainment0.0%1.3%2.0%
 Healthcare practitioners and technology1.0%2.5%6.2%
 Healthcare support7.4%2.0%3.3%
 Firefighters, law enforcement7.7%1.0%2.1%
 Food preparation, serving0.0%4.4%5.4%
 Building maintenance4.0%5.6%3.6%
 Personal care0.0%1.6%2.6%
 Sales, office, administrative support34.3%17.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair9.4%10.8%8.1%
 Production, transportation, material moving9.6%6.4%13.1%

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Reviews for Elephant Butte    1 Reviews

Over 17 years ago

Hot, dry summers, cool winters - housing here is more occupied than what appears on the site. Neighborhoods are middle class and then the unoccupied housing are weekend  More

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Reviews for Socorro    1 Reviews

Socorro County, New Mexico, is one of the largest counties in the state (6626 square miles)but with a population of only about 18 million. Most of the population  More

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ZIPS IN ELEPHANT BUTTE, NEW MEXICO
87935
ZIPS IN SOCORRO, NEW MEXICO
87801

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