2025 Compare Cities Economy:
Socorro, NM vs Trinidad, CO

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Highlights
- Household income in Trinidad, is 10% less than it is in Socorro and is 69% below the National Average.
- Socorro unemployment rate is 6.6%.
- Trinidad unemployment rate is 8.9%.
 Socorro, NMTrinidad, COUnited States
 Unemployment Rate  Unlock8.9%6.0%
 Recent Job Growth  Unlock3.9%1.6%
 Future Job Growth27.2%  Unlock33.5%
 Sales Taxes7.4%  Unlock6.2%
 Income Taxes  Unlock4.6%4.6%
 Income per Cap.$24,092  Unlock$37,638
 Household Income  Unlock$40,746$69,021
 Family Median Income$60,941  Unlock$85,028
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 Est. Households By Income
 Socorro, NMTrinidad, COUnited States
 Income Less Than 15K  Unlock20.1%9.4%
 Income between 15K and 20K7.1%  Unlock3.8%
 Income between 20K and 30K  Unlock10.7%8.1%
 Income between 30K and 40K10.1%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K8.4%  Unlock7.2%
 Income between 60K and 75K  Unlock6.0%9.6%
 Income between 75K and 100K10.0%  Unlock12.8%
 Income between 100K and 150K  Unlock10.4%16.3%
 Income between 150K and 200K7.0%  Unlock7.8%
 Income greater than 200K  Unlock4.1%9.5%
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 Population By Occupation
 Socorro, NMTrinidad, COUnited States
 Management, business, finance10.4%  Unlock16.4%
 Engineering, computers, science  Unlock2.4%6.5%
 Community, social services0.6%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library17.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.1%2.0%
 Healthcare practitioners and technology2.5%  Unlock6.2%
 Healthcare support  Unlock8.3%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock11.9%5.4%
 Building maintenance5.6%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support17.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock2.1%0.6%
 Construction, extraction, maintenance/repair10.8%  Unlock8.1%
 Production, transportation, material moving  Unlock13.1%13.1%
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 Trinidad    13 Reviews

Over 6 years ago

Lousy investment. I bought 35 acres in 2005, and has not appreciated. Thought it was a deal at 895$/acre, however, it is only worth 195 to 295 per acre even if it has  More

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check it out and move here. I've lived all over this country so I know best. Look for the economy to grow very fast here and you better buy quick. Great architecture  More

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Over 11 years ago

Should we move here from  More

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