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2024 Compare Cities Economy:
Truth or Consequences, NM vs Socorro, NM

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Highlights
- Household income in Socorro, is 57% more than it is in Truth or Consequences and is 53% below the National Average.
- Truth or Consequences unemployment rate is 9.4%.
- Socorro unemployment rate is 6.6%.

Economy
 Truth or Consequences, 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 Taxes8.5%7.4%6.2%
 Income Taxes4.9%4.9%4.6%
 Income per Cap.$24,501$24,092$37,638
 Household Income$28,837$45,142$69,021
 Family Median Income$48,250$60,941$85,028
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 Est. Households By Income
 Truth or Consequences, NMSocorro, NMUnited States
 Income Less Than 15K26.7%17.6%9.4%
 Income between 15K and 20K11.0%7.1%3.8%
 Income between 20K and 30K13.7%11.9%8.1%
 Income between 30K and 40K8.5%10.1%8.0%
 Income between 40K and 50K6.7%7.3%7.6%
 Income between 50K and 60K4.5%8.4%7.2%
 Income between 60K and 75K5.6%6.1%9.6%
 Income between 75K and 100K5.9%10.0%12.8%
 Income between 100K and 150K15.2%12.1%16.3%
 Income between 150K and 200K1.5%7.0%7.8%
 Income greater than 200K0.9%2.5%9.5%
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 Population By Occupation
 Truth or Consequences, NMSocorro, NMUnited States
 Management, business, finance14.8%10.4%16.4%
 Engineering, computers, science6.9%19.0%6.5%
 Community, social services3.3%0.6%1.8%
 Legal1.8%0.0%1.2%
 Education, library16.9%17.3%6.2%
 Arts, design, media, sports, entertainment1.2%1.3%2.0%
 Healthcare practitioners and technology1.9%2.5%6.2%
 Healthcare support8.0%2.0%3.3%
 Firefighters, law enforcement2.2%1.0%2.1%
 Food preparation, serving4.2%4.4%5.4%
 Building maintenance4.1%5.6%3.6%
 Personal care4.7%1.6%2.6%
 Sales, office, administrative support14.0%17.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.6%10.8%8.1%
 Production, transportation, material moving10.5%6.4%13.1%

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Reviews for Truth Or Consequences    3 Reviews

I've lived here 10 years and was recently thinking about adding to my small rental portfolio...then I saw an episode of Island Life and Hawaii Life and remembered how  More

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Occasional crime sprees (series of break-ins, robberies) interspersed with fairly long periods of quiet. I feel MUCH safe than I would living in Albuquerque and will go  More

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Over 11 years ago

numbers can be deceiving-the stats don't look bad here for a lot of categories....but I lived in T or c for 7 yrs...maybe the air is clean in regard to normal industrial  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 TRUTH OR CONSEQUENCES, NEW MEXICO
87901
ZIPS IN SOCORRO, NEW MEXICO
87801

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