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2024 Compare Cities Economy:
Socorro, NM vs Santa Fe, NM

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Highlights
- Household income in Santa Fe, is 37% more than it is in Socorro and is 11% below the National Average.
- Socorro unemployment rate is 6.6%.
- Santa Fe unemployment rate is 7.7%.

Economy
 Socorro, NMSanta Fe, NMUnited States
 Unemployment Rate6.6%7.7%6.0%
 Recent Job Growth1.7%3.1%1.6%
 Future Job Growth27.2%30.1%33.5%
 Sales Taxes7.4%8.4%6.2%
 Income Taxes4.9%4.9%4.6%
 Income per Cap.$24,092$39,723$37,638
 Household Income$45,142$61,990$69,021
 Family Median Income$60,941$72,697$85,028
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 Est. Households By Income
 Socorro, NMSanta Fe, NMUnited States
 Income Less Than 15K17.6%8.2%9.4%
 Income between 15K and 20K7.1%5.0%3.8%
 Income between 20K and 30K11.9%9.8%8.1%
 Income between 30K and 40K10.1%8.9%8.0%
 Income between 40K and 50K7.3%8.7%7.6%
 Income between 50K and 60K8.4%8.4%7.2%
 Income between 60K and 75K6.1%10.3%9.6%
 Income between 75K and 100K10.0%13.4%12.8%
 Income between 100K and 150K12.1%14.0%16.3%
 Income between 150K and 200K7.0%6.0%7.8%
 Income greater than 200K2.5%7.5%9.5%
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 Population By Occupation
 Socorro, NMSanta Fe, NMUnited States
 Management, business, finance10.4%16.0%16.4%
 Engineering, computers, science19.0%6.7%6.5%
 Community, social services0.6%2.3%1.8%
 Legal0.0%2.4%1.2%
 Education, library17.3%7.2%6.2%
 Arts, design, media, sports, entertainment1.3%3.8%2.0%
 Healthcare practitioners and technology2.5%5.7%6.2%
 Healthcare support2.0%4.7%3.3%
 Firefighters, law enforcement1.0%1.1%2.1%
 Food preparation, serving4.4%7.1%5.4%
 Building maintenance5.6%5.4%3.6%
 Personal care1.6%2.4%2.6%
 Sales, office, administrative support17.1%19.7%20.9%
 Farming, fishing, forestry0.0%0.3%0.6%
 Construction, extraction, maintenance/repair10.8%8.0%8.1%
 Production, transportation, material moving6.4%7.2%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 Santa Fe    55 Reviews

I’ve recently moved to Santa Fe from Colorado. I love Santa Fe for various reasons… mostly because of the tricultural aspects of it. We have amazing Native American,  More

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Over 5 years ago

Bought a house here in 2013 and split my time here with other house in Adirondack Mountains of NYS. Santa Fe is great, but not perfect. Love the climate. 306 days of  More

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Over 5 years ago

The only 2 things about Santa Fe that are nice is the scenery and the weather. But, those two things cannot bring about the total comfort and homeyness that makes a city  More

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ZIPS IN SOCORRO, NEW MEXICO
87801
ZIPS IN SANTA FE, NEW MEXICO
87507 87505 87501

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