Home / Select Cities  /  2024 Comparing Socorro, NM vs. Taos, NM

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

Change Cities
Highlights
- Household income in Taos, is 18% less than it is in Socorro and is 86% below the National Average.
- Socorro unemployment rate is 6.6%.
- Taos unemployment rate is 10.5%.

Economy
 Socorro, NMTaos, NMUnited States
 Unemployment Rate6.6%10.5%6.0%
 Recent Job Growth1.7%2.6%1.6%
 Future Job Growth27.2%30.2%33.5%
 Sales Taxes7.4%8.5%6.2%
 Income Taxes4.9%4.9%4.6%
 Income per Cap.$24,092$32,466$37,638
 Household Income$45,142$37,083$69,021
 Family Median Income$60,941$42,984$85,028
 space
 Est. Households By Income
 Socorro, NMTaos, NMUnited States
 Income Less Than 15K17.6%18.4%9.4%
 Income between 15K and 20K7.1%8.2%3.8%
 Income between 20K and 30K11.9%18.4%8.1%
 Income between 30K and 40K10.1%8.0%8.0%
 Income between 40K and 50K7.3%6.7%7.6%
 Income between 50K and 60K8.4%7.7%7.2%
 Income between 60K and 75K6.1%6.8%9.6%
 Income between 75K and 100K10.0%4.1%12.8%
 Income between 100K and 150K12.1%12.2%16.3%
 Income between 150K and 200K7.0%2.4%7.8%
 Income greater than 200K2.5%7.1%9.5%
 space1
 Population By Occupation
 Socorro, NMTaos, NMUnited States
 Management, business, finance10.4%9.8%16.4%
 Engineering, computers, science19.0%3.0%6.5%
 Community, social services0.6%6.8%1.8%
 Legal0.0%1.2%1.2%
 Education, library17.3%15.7%6.2%
 Arts, design, media, sports, entertainment1.3%3.0%2.0%
 Healthcare practitioners and technology2.5%9.8%6.2%
 Healthcare support2.0%7.1%3.3%
 Firefighters, law enforcement1.0%1.2%2.1%
 Food preparation, serving4.4%8.9%5.4%
 Building maintenance5.6%4.0%3.6%
 Personal care1.6%0.5%2.6%
 Sales, office, administrative support17.1%13.8%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair10.8%13.8%8.1%
 Production, transportation, material moving6.4%1.3%13.1%

View More Data >

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

   |    Reply

Start Your Review of Socorro

Reviews for Taos    6 Reviews

I’ve traveled to many places in my lifetime. New Mexico is a favorite. Typically we stay in The Inn of The Governor’s in Santa Fe. (It’s an awesome place.) This  More

   |    Reply

Over 15 years ago

Taos is beautiful with much to offer. However, housing is very expensive. Because much of the town's economy focuses on tourism, there are few jobs available in other  More

   |    Reply

Over 15 years ago

Taos has a diverse culture which has helped create a diverse art market with over 100 galleries and studios. From traditional native arts to contemporary, Taos has it  More

   |    Reply

Start Your Review of Taos

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Socorro, New Mexico Cost of Living vs Taos, New Mexico Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN SOCORRO, NEW MEXICO
87801
ZIPS IN TAOS, NEW MEXICO
87571

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now