Economy in Socorro, Texas
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Economy
| Unemployment Rate | 11.30% | 9.10% |
| Recent Job Growth | 3.04% | -0.12% |
| Future Job Growth | 34.78% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $9,375 | $27,067 |
| Household Income | $29,586 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 20.90% | 12.10% |
| Income between 15K and 25K | 20.94% | 10.18% |
| Income between 25K and 35K | 17.30% | 10.56% |
| Income between 35K and 50K | 17.78% | 14.98% |
| Income between 50K and 75K | 15.12% | 19.53% |
| Income between 75K and 100K | 4.65% | 12.52% |
| Income between 100K and 150K | 2.50% | 12.14% |
| Income between 150K and 250K | 0.63% | 3.91% |
| Income between 250K and 500K | 0.18% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 4.95% | 13.81% |
| Professional and Related Occupations | 9.15% | 22.68% |
| Service | 16.28% | 14.51% |
| Sales and Office | 20.57% | 25.22% |
| Farming, Fishing, and Forestry | 0.28% | 0.68% |
| Construction, Extraction, and Maintenance | 17.52% | 9.37% |
| Production, Transportation, and Material Moving | 25.72% | 15.86% |
The unemployment rate in Socorro, TX, is 11.30%, with job growth of 3.04%. Future job growth over the next ten years is predicted to be 34.78%.
Socorro, TX Taxes
Socorro, TX,sales tax rate is 8.25%. Income tax is 0.00%.
Socorro, TX Income and Salaries
The income per capita is $9,375, which includes all adults and children. The median household income is $29,586.
Socorro Economy SperlingViews
Cost Of Living is Cheap: You get what you pay for. Our roads look like you drov into Mexico. Taxes are higher than any city in... (read more)Have an opinion about Socorro? Leave a commentTo See All SperlingViews for Socorro Click Here
