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2024 Compare Cities Economy:
Socorro, NM vs Raton, NM

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Highlights
- Household income in Raton, is 24% less than it is in Socorro and is 102% below the National Average.
- Socorro unemployment rate is 6.6%.
- Raton unemployment rate is 7.1%.

Economy
 Socorro, NMRaton, NMUnited States
 Unemployment Rate6.6%7.1%6.0%
 Recent Job Growth1.7%-0.6%1.6%
 Future Job Growth27.2%9.9%33.5%
 Sales Taxes7.4%8.3%6.2%
 Income Taxes4.9%4.9%4.6%
 Income per Cap.$24,092$21,939$37,638
 Household Income$45,142$34,233$69,021
 Family Median Income$60,941$42,297$85,028
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 Est. Households By Income
 Socorro, NMRaton, NMUnited States
 Income Less Than 15K17.6%18.3%9.4%
 Income between 15K and 20K7.1%7.7%3.8%
 Income between 20K and 30K11.9%19.9%8.1%
 Income between 30K and 40K10.1%11.5%8.0%
 Income between 40K and 50K7.3%8.2%7.6%
 Income between 50K and 60K8.4%7.6%7.2%
 Income between 60K and 75K6.1%10.4%9.6%
 Income between 75K and 100K10.0%5.5%12.8%
 Income between 100K and 150K12.1%9.7%16.3%
 Income between 150K and 200K7.0%0.0%7.8%
 Income greater than 200K2.5%1.2%9.5%
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 Population By Occupation
 Socorro, NMRaton, NMUnited States
 Management, business, finance10.4%12.2%16.4%
 Engineering, computers, science19.0%1.9%6.5%
 Community, social services0.6%1.4%1.8%
 Legal0.0%1.0%1.2%
 Education, library17.3%2.7%6.2%
 Arts, design, media, sports, entertainment1.3%1.5%2.0%
 Healthcare practitioners and technology2.5%4.3%6.2%
 Healthcare support2.0%6.4%3.3%
 Firefighters, law enforcement1.0%2.7%2.1%
 Food preparation, serving4.4%6.6%5.4%
 Building maintenance5.6%6.7%3.6%
 Personal care1.6%4.8%2.6%
 Sales, office, administrative support17.1%24.5%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair10.8%12.2%8.1%
 Production, transportation, material moving6.4%11.1%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 Raton    4 Reviews

Despite the unfortunate experience of one family that wrote three different reviews, Raton if the smart choice for both affordability and the relaxed lifestyle of a  More

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Wow when I moved here I thought what a beautiful place to live, until I heard the second and third graders swearing at each other at the bus stop and broke up three  More

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Well Raton does. The teacher's do not have a dress code. Yet the students are not allowed to wear headband's in the middle school or hoodies. I guess some students were  More

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ZIPS IN SOCORRO, NEW MEXICO
87801
ZIPS IN RATON, NEW MEXICO
87740

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