Home / Select Cities  /  2024 Comparing Socorro, NM vs. Salmon, ID

2024 Compare Cities Economy:
Socorro, NM vs Salmon, ID

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Highlights
- Household income in Salmon, is 4% less than it is in Socorro and is 60% below the National Average.
- Socorro unemployment rate is 6.6%.
- Salmon unemployment rate is 6.9%.

Economy
 Socorro, NMSalmon, IDUnited States
 Unemployment Rate6.6%6.9%6.0%
 Recent Job Growth1.7%1.2%1.6%
 Future Job Growth27.2%35.6%33.5%
 Sales Taxes7.4%6.0%6.2%
 Income Taxes4.9%6.9%4.6%
 Income per Cap.$24,092$26,568$37,638
 Household Income$45,142$43,241$69,021
 Family Median Income$60,941$56,641$85,028
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 Est. Households By Income
 Socorro, NMSalmon, IDUnited States
 Income Less Than 15K17.6%21.7%9.4%
 Income between 15K and 20K7.1%9.0%3.8%
 Income between 20K and 30K11.9%4.7%8.1%
 Income between 30K and 40K10.1%10.5%8.0%
 Income between 40K and 50K7.3%13.3%7.6%
 Income between 50K and 60K8.4%7.9%7.2%
 Income between 60K and 75K6.1%13.4%9.6%
 Income between 75K and 100K10.0%9.5%12.8%
 Income between 100K and 150K12.1%6.2%16.3%
 Income between 150K and 200K7.0%2.0%7.8%
 Income greater than 200K2.5%1.8%9.5%
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 Population By Occupation
 Socorro, NMSalmon, IDUnited States
 Management, business, finance10.4%10.0%16.4%
 Engineering, computers, science19.0%7.1%6.5%
 Community, social services0.6%0.5%1.8%
 Legal0.0%0.0%1.2%
 Education, library17.3%5.9%6.2%
 Arts, design, media, sports, entertainment1.3%1.6%2.0%
 Healthcare practitioners and technology2.5%2.2%6.2%
 Healthcare support2.0%6.1%3.3%
 Firefighters, law enforcement1.0%0.6%2.1%
 Food preparation, serving4.4%5.2%5.4%
 Building maintenance5.6%5.1%3.6%
 Personal care1.6%5.0%2.6%
 Sales, office, administrative support17.1%20.4%20.9%
 Farming, fishing, forestry0.0%4.2%0.6%
 Construction, extraction, maintenance/repair10.8%8.9%8.1%
 Production, transportation, material moving6.4%17.3%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 Salmon    1 Reviews

Over 8 years ago

Relocated to this town to be close to family. Pros to living in Lemhi County would obviously be outdoor activities such as fishing, hiking, swimming, boating, hunting  More

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ZIPS IN SOCORRO, NEW MEXICO
87801
ZIPS IN SALMON, IDAHO
83467

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