In Socorro County, jobs in the scientific research and development services pay the highest wages

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Jobs in the scientific research and development services industry wages were the highest in Socorro County for the 2nd quarter of 2006. The average worker in the industry in Socorro County earned an annual wage of $51,176 in 2006. The annual wage is less than the industry wage in New Mexico of $69,311 and less than then the pay for jobs in this industry across the nation of $81,871.

Top-pay jobs in Socorro County, New Mexico may be found in architectural and engineering services ($49,913), offices of physicians ($46,703), other professional and technical services ($45,207) and offices of other health practitioners ($33,884) industries. Note: Click the above Graphic for Detail Comparison

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Socorro County Wages have increased by 13.4% Since 2001

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From 2001 to 2006, average industry wages increased in Socorro County, New Mexico by a total of 13.4%. This is less than the growth in wages for the State of New Mexico and less than the growth in industry wages for the nation as a whole.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Socorro County Industry Wages Lag Behind New Mexico, and Wages Lag Behind the United States

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Total wages in all industries in Socorro County, New Mexico can be described as medium-high when analyzed with other Counties in the state. The overall wages are 19.2 percent lower than the state, which accounted an average of $32,032. The average industry wage was less than the industry average in the US of $40,259.

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Socorro County Five-Year Industry Employment Change

Total Five-Year Employment Growth in Socorro County

Of the industries (4-digit NAICS) in the area, the Full-service restaurants industry has grown the most with 44 employees finding new jobs in the industry. The employment growth in the Full-service restaurants industry makes up 21.9 percent of the growth in Socorro County.

Top 2 Industries
1. Full-service restaurants (44 new jobs)
2. Cattle ranching and farming (43 new jobs)

Total Five-Year Employment Decline in Socorro County

The Grocery stores industry faced the greatest employment loss with a total loss of 13 jobs. The declines in the Grocery stores industry make up 53.3 percent of the total employment decline in Socorro County, New Mexico.

Top 5 Industries
1. Grocery stores (13 jobs lost)
2. Building material and supplies dealers (12 jobs lost)
3. Building equipment contractors (31 jobs lost)
4. Offices of other health practitioners (2 jobs lost)
5. Land subdivision (85 jobs lost)

In Socorro County, New Mexico, the total number of workers for all sectors has increased by 222 jobs from mid-2001 to mid-2006.

From the 13 4-digit NAICS industries, 2 described an expansion of jobs throughout the time period, while 11 industry sectors accounting for employment declines during that time period.

Socorro County Five-Year Percentage Growth in Employment

The Legal services industry has experienced the largest percentage growth, expanding by 281.3 percent from 2001 (2nd quarter) to 2006 (2nd quarter). This industry sector in Socorro County has increased employment faster than the industry has grown in the State of New Mexico, where the industry took a gain of 7.9 percent. The Legal services industry in Socorro County outpaced the United States, which experienced a gained 8.3 percent of the employment in this industry.

Top 5 Industries
1. Legal services (281.3 percent gain)
2. Computer systems design and related services (219.4 percent gain)
3. Offices of other health practitioners (151.2 percent gain)
4. Office supplies, stationery, and gift stores (58.3 percent gain)
5. Cattle ranching and farming (56.6 percent gain)

Socorro County Five-Year Percentage Decline in Employment

The Building material and supplies dealers industry has lost the largest amount of employment in terms of percentage, losing 17.1 percent of the jobs from 2001 to 2006. These have declined faster than the industry has experienced in the State of New Mexico, where the industry sector experienced a gain of 37.3 percent. The losses in the Building material and supplies dealers industry in Socorro County outpaced the US in terms of percent of decline of industry employment. The US gained 20 percent in terms of employees in the Building material and supplies dealers industry.

Top 2 Industries
1. Building material and supplies dealers (17.1 percent decline)
2. Grocery stores (11.5 percent decline)

Total employment has increased by 8.2 percent from the reported values in 2001. These values are less than growth in New Mexico, which saw a gain of 10.5 percent from the 2nd Quarter of 2001. The gains felt were greater than than the gain reported at the US level of 2.6 percent.





About: This report is part 2 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Socorro County One-Year Industry Employment Change

Socorro County One-Year Percentage Decline in Employment

The Architectural and engineering services industry has lost the largest percent of jobs, losing 69.9 percent of the jobs from 2005 to 2006. These have declined faster than the industry sector has felt in the State of New Mexico, where the it saw a gain of 2.1 percent. The losses in the Architectural and engineering services industry in Socorro County outpaced the losses of nation as a whole in the industry. In this time period, the nation gained 5.5 percent in terms of employees in the Architectural and engineering services industry.

Top 5 Industries
1. Architectural and engineering services (69.9 percent decline)
2. Offices of physicians (39 percent decline)
3. Offices of real estate agents and brokers (27.6 percent decline)
4. Other professional and technical services (16.7 percent decline)
5. Traveler accommodation (2.8 percent decline)

Socorro County One-Year Percentage Growth in Employment

The Legal services industry has witnessed the largest percentage of employment expansion, increasing by 23.2 percent from the 2nd quarter of 2005 to the 2nd quarter of 2006. This industry sector in Socorro County has added employment faster than the industry has grown in the State of New Mexico, where it saw a gain of 1.2 percent. The Legal services industry in Socorro County outpaced the US in terms of percent growth of industry employment. During this period, the US gained 0.6 percent.

Top 5 Industries
1. Legal services (23.2 percent gain)
2. Other miscellaneous manufacturing (16.3 percent gain)
3. Offices of other health practitioners (13.7 percent gain)
4. Limited-service eating places (13.0 percent gain)
5. Cattle ranching and farming (12.3 percent gain)

Total industry employment has increased by 0.1 percent since the 2nd Quarter of 2005. This is less than percent in New Mexico, which went through a gain of 4.5 percent since 2005 ( 2nd Quarter). The gains in the area were less than than the gain reported at the US level of 2.0 percent.

Total One-Year Employment Growth in Socorro County

The Limited-service eating places industry has accounted the most employment growth with a total of 21 total jobs brought in during the period. The growth in the Limited-service eating places industry makes up 25.0 percent of the total employment growth in Socorro County.

Top 5 Industries
1. Limited-service eating places (21 new jobs)
2. Cattle ranching and farming (13 new jobs)
3. Other miscellaneous manufacturing (11 new jobs)
4. Full-service restaurants (10 new jobs)
5. Scientific research and development services (10 new jobs)

Total One-Year Employment Decline in Socorro County

Of the area's industries (4-digit NAICS), the Architectural and engineering services industry has lost the most employment with a total loss of 45 jobs during the period. The employment lost in the Architectural and engineering services industry make up 56.3 percent of the jobs lost during the period in Socorro County, New Mexico.

Top 5 Industries
1. Architectural and engineering services (45 jobs lost)
2. Offices of physicians (22 jobs lost)
3. Offices of real estate agents and brokers (5 jobs lost)
4. Other professional and technical services (5 jobs lost)
5. Traveler accommodation (3 jobs lost)

In Socorro County, New Mexico, the total number of workers for all sectors has increased by 3 jobs from mid-2005 to mid-2006.

Given the 19 4-digit NAICS industries, 5 described an expansion of jobs throughout the time period, while 12 industry sectors reported declines during the time period.





About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Income and Poverty in Socorro County, New Mexico

Contrasted against to other counties (or parishes) throughout the US, Socorro County, New Mexico can be recognized as having a very high poverty rate amongst the population, with a poverty rate of 31.7 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 64.9 percent of the 2000 residents living in poverty. People aged Under 5 years have the most percent of people living in poverty in Socorro County, reporting 53.2 percent of this age group in the area living in poverty.

Black or African American headed households had median income levels that were 84 percent less than the total 2000 reported median, with a their median reported to be $4,388. According to the 2000 Census, the Asian headed households in the area have median household incomes of $16,312. This income level is 40.5 percent less than the reported median household income for all households in the area. Hispanic in Socorro County, New Mexico , according to the 2000 census, had a median household income of $26,337, which is 4 percent less than the areas median income level for all households. The households that were headed by an American Indian and Alaska Native individual in Socorro County reported a median household income of $17,422, this median was 36.5 percent less than the median level for total households in the area. In Socorro County, New Mexico White householders had a median household income (in 2005 Dollars) of $32,408 according to the Decennial Census of 2000, which was 18.2 percent greater than the median in 2000.

When compared to other counties (and parishes) throughout the United States, Socorro County was reported to have a very low median household income of $27,424 (2005 Dollars). The income level is 45.6 percent lower than the median in State of New Mexico of $39,936 and the income level is 79.2 percent lower than the median in the US, which is $49,133.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

Demographic Profile for Socorro County, New Mexico

Socorro County, New Mexico has a population that is comprised of 38.6 percent White, 0.7 percent African American, 1.6 percent Asian, and 46.8 percent Hispanic. This area can be considered to have a very high level of racial and ethnic diversity, with 49.1 percent of the population being minorities. This is greater than the State of New Mexico percent of 46.4. Since 2000, Socorro has decreased the percent of minority makeup when 50.6 percent of the people were minorities.

In terms of total land area, Socorro encompasses a total area of 6646 square miles. This area has a very low density of 3 persons per square mile, in 2005. Similar counties, in terms of density, in the US include: -- more densely populated -- Bennett, SD (3 per sq. mile ), Graham, KS (3 per sq. mile ), Hamilton, NY (3 per sq. mile ), -- less densely populated -- Powell, MT (3 per sq. mile ), Converse, WY (3 per sq. mile ), Custer, MT (3 per sq. mile ).

The population division of the Census Bureau estimates in 2005 a median age in Socorro County, New Mexico to be 34.4 years old. The median age in Socorro is less than the median age for the State of New Mexico of 36.2. Since the year 2000, the area has seen an increase in this median, when at that time it was 32.3 years of age. With 24.2 percent of the 2005 population being made up of children and youth younger than 18, Socorro can be described as having a medium-high percent of people under 18. The 18 to 64 years old population group has a medium-high presence of the population, with 64 percent of the population within the age group. People 65 and older make up 11.9 percent of the total population in the area. Compared to other counties in the US, this represents a medium-low percent of the population base.

Socorro County, New Mexico had a population that was estimated at 18,148 in the year 2005. The population has increased, since its 2000 population of 18,059. This growth shows an increase of 0.5 percent. Socorro ranks 18 of 33 counties by growth in total population in New Mexico and the county ranks 1,801 of 3,141 counties when analyzing total county population change across the nation.

Since the year 2000, a high number of individual migrated to the Socorro internationally. The migration from outside the US into Socorro totals 1 percent of immigration into the State of New Mexico. This amount of international migration is high when analyzed against the base population in the year 2005 and compared to other counties across the US.

Datasource: Population Estimates Program, U.S. Bureau of the Census.

Housing Report for Socorro County, New Mexico

In Socorro County, the real estate market was made up of 8,182 homes in the year 2005. This county has gone through a growth in housing units, adding a sum of 224 residential structures since 2001, a change of 2.8 percent.

In the State of New Mexico, Socorro County is positioned 18 of 33 in terms of percentage growth in new housing structures. The county ranks 1,455 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Socorro County had an owner-occupied dwelling median in 2000 of $80,900, reported by the Decennial Census. This median is less than the overall New Mexico 2000 home value of $108,100 and less than median owner-occupied dwelling value of $119,600 across the United States during the same year.

There is a large amount of real estate that is affordable in Socorro County, New Mexico. In 2000, 81.2 percent of residential real estate was valued under $125,000.

Socorro County can be understood as having a small, but present percentage of homes that are high in price. In 2000, the Decennial Census counted that 0.6 percent residential property is valued over $500k.



Data Source: U.S. Census Bureau

Employment Report for Socorro County, New Mexico -- Annual 2005 Industry Summary

Professional and technical services has the largest businesses in Socorro County, with the industry averaging 16 jobs per place of business. This is greater than the industry's average in the United States of 8 and greater than the State of New Mexico typical size of 8 for the Professional and technical services industry.

In Socorro County, Retail Trade, Professional and technical services, and the Manufacturing industries are the largest employment industries. The Retail Trade produces the largest number of jobs in the area accounting for 18.5 percent of all jobs throughout the county, totaling 546 individuals. The Professional and technical services and Manufacturing sectors account for 17.5 and 5 percent of all employment.

Real estate and rental and leasing has grown in employment, since the year 2001, more than any other industry in Socorro County, changing a total of 168.4 percent. This is greater than the industry employment change in the United States of 4.3 percent. The State of New Mexico went through a industry job change of 9 percent, during the time since 2001.

In Socorro County, Professional and technical services, Retail Trade and Real estate and rental and leasing industries, in terms of United States location quotient, are the most dominant in the region. The Professional and technical services industry has an LQ of 2.75. In other words, the percent of total jobs in the Professional and technical services industry is 2.75 times the percent of the national average, This signifies that Socorro County produces more than its local requirement of products and/or services of Professional and technical services.









Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW).