2025 Compare Cities Economy:
Lovington, NM vs Socorro, NM

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Highlights
- Household income in Socorro, is 25% less than it is in Lovington and is 53% below the National Average.
- Lovington unemployment rate is 11.3%.
- Socorro unemployment rate is 6.6%.
 Lovington, NMSocorro, NMUnited States
 Unemployment Rate  Unlock6.6%6.0%
 Recent Job Growth  Unlock1.7%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$22,033  Unlock$37,638
 Household Income  Unlock$45,142$69,021
 Family Median Income$63,738  Unlock$85,028
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 Est. Households By Income
 Lovington, NMSocorro, NMUnited States
 Income Less Than 15K  Unlock17.6%9.4%
 Income between 15K and 20K5.5%  Unlock3.8%
 Income between 20K and 30K  Unlock11.9%8.1%
 Income between 30K and 40K9.4%  Unlock8.0%
 Income between 40K and 50K  Unlock7.3%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock6.1%9.6%
 Income between 75K and 100K16.1%  Unlock12.8%
 Income between 100K and 150K  Unlock12.1%16.3%
 Income between 150K and 200K5.0%  Unlock7.8%
 Income greater than 200K  Unlock2.5%9.5%
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 Population By Occupation
 Lovington, NMSocorro, NMUnited States
 Management, business, finance9.8%  Unlock16.4%
 Engineering, computers, science  Unlock19.0%6.5%
 Community, social services0.6%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library9.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology1.8%  Unlock6.2%
 Healthcare support  Unlock2.0%3.3%
 Firefighters, law enforcement0.5%  Unlock2.1%
 Food preparation, serving  Unlock4.4%5.4%
 Building maintenance4.9%  Unlock3.6%
 Personal care  Unlock1.6%2.6%
 Sales, office, administrative support14.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair19.6%  Unlock8.1%
 Production, transportation, material moving  Unlock6.4%13.1%
Reviews for Lovington    1 Reviews

Joe · 
Over 7 years ago

WOW What a place!! Lake, parks, airport, shopping, hookers what else do you ask  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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