County profile
Socorro County, NM
United States · GDP 2024
#2193 of 3,127 US counties by GDP32nd-percentile growthmore diversified than 20% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$666.2M
BEA · 2024
GDP growth (YoY)
+2.4%
BEA · 2024
Jobs tracked
2,772
Census CBP · 2023
Employers
221
Census CBP · 2023
Avg. wage
$49.1k
BLS QCEW · 2023
Population
15,838
Census PEP · 2025
Labor, income & education
Unemployment
5.7%
Median HH income
$36.6k±$11.1k
Bachelor's degree+
19.0%±3.8%
Poverty rate
33.2%±7.2%
Business applications
164 · 2025
Retail establishments
36
22.6/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care35%
Food & accommodation23%
Retail trade19%
Education10%
Professional services9%
Transportation3%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
15,838
residents · 2025 · -4.3% since 2020
Income per capita $47.3k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−501
International migration+115
Natural change−319
GDP trend
2019–2024 · nominal
$513.5M2019
$514.3M2020
$548.0M2021
$606.5M2022
$650.5M2023
$666.2M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$137.5k±$30.6k
Median gross rent
$691/mo±$171/mo
Vacancy rate
31.5%±3.8%
Affordability
2.8× wages
Residential permits
Census BPS
FEMA risk score
61.5
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Wildfire 87Lightning 84Hail 84
FHFA HOUSE PRICE INDEX · 2016–2025
1952016
1922017
1922018
2032019
2042020
2302021
2632022
2802023
3222024
2892025
Transport access
BTS · FAA · USACE
Nearest interstate
3.2 km
I-25
Nearest freight rail
2.1 km
BNSF
Nearest port
954.2 km
San Diego Unified Port, CA
Nearest commercial airport
118.5 km
ALBUQUERQUE INTL SUNPORT
Wage trend
BLS QCEW · 2019–2023$49.1k
avg. annual pay · +26% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Socorro?
Socorro's economy produced $666.2M in 2024, growing 2.4% year over year — slower than 68% of US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.