2025 Compare Cities Economy:
Ruidoso, NM vs Franklin, NC

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Highlights
- Household income in Franklin, is 20% less than it is in Ruidoso and is 91% below the National Average.
- Ruidoso unemployment rate is 8.8%.
- Franklin unemployment rate is 4.2%.
 Ruidoso, NMFranklin, NCUnited States
 Unemployment Rate  Unlock4.2%6.0%
 Recent Job Growth  Unlock1.0%1.6%
 Future Job Growth28.0%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$28,359  Unlock$37,638
 Household Income  Unlock$36,158$69,021
 Family Median Income$55,174  Unlock$85,028
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 Est. Households By Income
 Ruidoso, NMFranklin, NCUnited States
 Income Less Than 15K  Unlock11.8%9.4%
 Income between 15K and 20K8.8%  Unlock3.8%
 Income between 20K and 30K  Unlock20.8%8.1%
 Income between 30K and 40K14.3%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K7.7%  Unlock7.2%
 Income between 60K and 75K  Unlock10.9%9.6%
 Income between 75K and 100K11.0%  Unlock12.8%
 Income between 100K and 150K  Unlock6.4%16.3%
 Income between 150K and 200K2.2%  Unlock7.8%
 Income greater than 200K  Unlock1.4%9.5%
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 Population By Occupation
 Ruidoso, NMFranklin, NCUnited States
 Management, business, finance14.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.4%6.5%
 Community, social services1.9%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library4.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology9.3%  Unlock6.2%
 Healthcare support  Unlock3.8%3.3%
 Firefighters, law enforcement3.0%  Unlock2.1%
 Food preparation, serving  Unlock15.6%5.4%
 Building maintenance3.2%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support24.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.5%0.6%
 Construction, extraction, maintenance/repair11.2%  Unlock8.1%
 Production, transportation, material moving  Unlock7.3%13.1%
Reviews for Ruidoso    12 Reviews

Over 3 years ago

Best place in NM to live , unless you like crowds, traffic, crime, and concrete. Plenty of jobs and min wage is now close to $12/hr. Housing is a little pricey but  More

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Over 3 years ago

I love Ruidoso, or "noisy river". I have always visited but now i live here. Was my first choice if I ever moved. I am so glad I left El Paso, was getting way to big  More

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I’ve lived in this town for nine years and loved it. The weather is by far the best thing about this town. Just don’t be a “rude Texan,“ and you will be fine. Try not to  More

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Reviews for Franklin    4 Reviews

Great mountain town. Friendly people and lots to do.  More

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Over 10 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

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Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

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