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2024 Compare Cities Economy:
Socorro, NM vs Prescott Valley, AZ

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Highlights
- Household income in Prescott Valley, is 33% more than it is in Socorro and is 15% below the National Average.
- Socorro unemployment rate is 6.6%.
- Prescott Valley unemployment rate is 5.3%.

Economy
 Socorro, NMPrescott Valley, AZUnited States
 Unemployment Rate6.6%5.3%6.0%
 Recent Job Growth1.7%2.7%1.6%
 Future Job Growth27.2%46.3%33.5%
 Sales Taxes7.4%6.4%6.2%
 Income Taxes4.9%3.4%4.6%
 Income per Cap.$24,092$30,686$37,638
 Household Income$45,142$60,033$69,021
 Family Median Income$60,941$68,303$85,028
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 Est. Households By Income
 Socorro, NMPrescott Valley, AZUnited States
 Income Less Than 15K17.6%7.1%9.4%
 Income between 15K and 20K7.1%6.3%3.8%
 Income between 20K and 30K11.9%8.3%8.1%
 Income between 30K and 40K10.1%12.2%8.0%
 Income between 40K and 50K7.3%8.2%7.6%
 Income between 50K and 60K8.4%7.9%7.2%
 Income between 60K and 75K6.1%12.8%9.6%
 Income between 75K and 100K10.0%16.8%12.8%
 Income between 100K and 150K12.1%12.6%16.3%
 Income between 150K and 200K7.0%4.3%7.8%
 Income greater than 200K2.5%3.5%9.5%
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 Population By Occupation
 Socorro, NMPrescott Valley, AZUnited States
 Management, business, finance10.4%11.2%16.4%
 Engineering, computers, science19.0%4.2%6.5%
 Community, social services0.6%2.5%1.8%
 Legal0.0%0.3%1.2%
 Education, library17.3%6.1%6.2%
 Arts, design, media, sports, entertainment1.3%1.1%2.0%
 Healthcare practitioners and technology2.5%5.4%6.2%
 Healthcare support2.0%4.5%3.3%
 Firefighters, law enforcement1.0%1.1%2.1%
 Food preparation, serving4.4%6.4%5.4%
 Building maintenance5.6%4.4%3.6%
 Personal care1.6%3.6%2.6%
 Sales, office, administrative support17.1%27.7%20.9%
 Farming, fishing, forestry0.0%0.3%0.6%
 Construction, extraction, maintenance/repair10.8%9.5%8.1%
 Production, transportation, material moving6.4%11.7%13.1%

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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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Reviews for Prescott Valley    34 Reviews

My neighbor set his home on fire. No insurance. The city did nothing. Its been 15 months,. The wrecked house is a eyesore. Dont get into a HOA. They are  More

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We moved here about 3 1/2 years ago. Prescott Valley is growing out of control, the town rubber stamps anything a builder wants. Traffic is getting worse, new residents  More

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Over 4 years ago

Before moving to Prescott Valley I lived in Phoenix 30 years and watched Prescott Valley go from basically a few little mom and pop stores on the main road to Prescott  More

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ZIPS IN SOCORRO, NEW MEXICO
87801
ZIPS IN PRESCOTT VALLEY, ARIZONA
86314 86315

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