GeraJobs / US Wage Premium / Socorro County, NM
Socorro County, New Mexico — Wages & Employment (2023)
Ranked #1,679 of 3,141 US counties by the Gera Local Wage Premium US (67.7, US = 100) — computed from real BLS QCEW 2023 establishment data.
What is the average wage in Socorro County, NM?
Socorro County, NM has a GLWP-US of 67.7 (rank #1,679 of 3,141), well below the US average. Average weekly wage: $943 (~$49,036/year, US = $1392/wk). Its highest-concentration sector is Retail Trade (LQ 0.97x). Source: BLS QCEW 2023.
Gera Local Wage Premium US
Socorro County's wage premium vs US average (rank #1,679 of 3,141). Well below the US average.
How this is calculated$943
Avg weekly wage (2023)
$49,036
Approx annual pay
67.7
GLWP-US (US = 100)
#1,679 / 3,141
National rank
4,925
Average employment
$1,392
US avg weekly wage
Socorro County vs US average — wage comparison
| Metric | Socorro County | US Average | Premium |
|---|---|---|---|
| Avg weekly wage | $943 | $1,392 | -$449 |
| Approx annual pay | $49,036 | $72,384 | -$23,348 |
| GLWP-US index | 67.7 | 100.0 | -32.3 |
Source: BLS QCEW 2023, all industries, all ownership types. Annual pay = weekly wage × 52 (derived). GLWP-US = (county wage / US $1392/wk) × 100.
Socorro County — top industries by employment concentration
Location Quotient (LQ) > 1.0 means the industry is more concentrated here than the US average. Private sector, BLS QCEW 2023.
| Industry (NAICS sector) | LQ | Avg Wk Wage (sector) |
|---|---|---|
| Retail Trade | 0.97x | $566 |
| Professional, Scientific & Technical Services | 0.90x | $1,478 |
| Finance & Insurance | 0.36x | $901 |
| Transportation & Warehousing | 0.29x | $1,004 |
| Other Services | 0.24x | $479 |
LQ = (county sector employment share) / (US sector employment share). Source: BLS QCEW 2023, agglvl_code=74, own_code=5 (private sector).
Socorro County — GLWP-US breakdown
GLWP-US
67.7
US = 100
National Rank
#1,679
of 3,141 counties
Wage Premium
$449
vs US avg/wk
GLWP-US = 67.7 (rank #1,679 of 3,141, well below the US average). Formula: ($943/wk ÷ $1392/wk) × 100 = 67.7.
Explore US County Wage Premiums — Interactive
US average = $$1,392/wk (GLWP-US 100). Showing top 50 results.
| Rank | County | State | GLWP-US | Avg Wk Wage |
|---|---|---|---|---|
| #13 | Los Alamos County | NM | 151.1 | $2,104 |
| #130 | Eddy County | NM | 103.3 | $1,438 |
| #266 | Lea County | NM | 92.1 | $1,282 |
| #456 | Bernalillo County | NM | 83.6 | $1,164 |
| #628 | Santa Fe County | NM | 80.1 | $1,115 |
| #788 | Sandoval County | NM | 77.2 | $1,075 |
| #961 | San Juan County | NM | 74.9 | $1,043 |
| #1,099 | Grant County | NM | 73.2 | $1,019 |
| #1,313 | Hidalgo County | NM | 70.8 | $985 |
| #1,445 | Torrance County | NM | 69.6 | $969 |
| #1,679 | Socorro County | NM | 67.7 | $943 |
| #1,761 | Otero County | NM | 67.0 | $933 |
| #1,795 | Dona Ana County | NM | 66.7 | $929 |
| #1,796 | Rio Arriba County | NM | 66.7 | $929 |
| #2,105 | Luna County | NM | 64.3 | $895 |
| #2,117 | Valencia County | NM | 64.2 | $893 |
| #2,181 | Cibola County | NM | 63.6 | $885 |
| #2,308 | Chaves County | NM | 62.5 | $870 |
| #2,309 | Curry County | NM | 62.5 | $870 |
| #2,468 | McKinley County | NM | 61.2 | $852 |
| #2,502 | Harding County | NM | 60.8 | $846 |
| #2,528 | Roosevelt County | NM | 60.5 | $842 |
| #2,617 | Taos County | NM | 59.7 | $831 |
| #2,674 | San Miguel County | NM | 59.0 | $821 |
| #2,687 | De Baca County | NM | 58.8 | $819 |
| #2,707 | Sierra County | NM | 58.5 | $815 |
| #2,729 | Mora County | NM | 58.3 | $812 |
| #2,749 | Colfax County | NM | 58.0 | $808 |
| #2,750 | Union County | NM | 58.0 | $807 |
| #2,842 | Lincoln County | NM | 56.7 | $789 |
| #2,846 | Quay County | NM | 56.6 | $788 |
| #2,910 | Guadalupe County | NM | 55.5 | $772 |
| #3,004 | Catron County | NM | 53.5 | $745 |
Source: BLS QCEW 2023 Annual Single File, US public domain. GLWP-US = (county avg weekly wage ÷ US avg $1,392/wk) × 100. Top sector LQ = employment location quotient (private sector). Computed by GeraJobs.
Socorro County wages — FAQ
- What is the GLWP-US score for Socorro County, NM?
- Socorro County, NM has a Gera Local Wage Premium US (GLWP-US) of 67.7 (US average = 100), ranking #1,679 of 3,141 US counties. This puts it well below the US average. Source: BLS QCEW 2023.
- What is the average weekly wage in Socorro County, New Mexico?
- The BLS QCEW 2023 data shows the annual average weekly wage in Socorro County, New Mexico is $943, equating to approximately $49,036/year. The US average is $1392/wk ($72,384/year). GLWP-US: 67.7 (US = 100).
- How many people are employed in Socorro County?
- In 2023, Socorro County, New Mexico had an annual average employment of 4,925 workers covered by unemployment insurance, per the BLS Quarterly Census of Employment and Wages. This covers private-sector and government workers across all industries.
- What industries are most concentrated in Socorro County?
- Based on BLS QCEW 2023 employment Location Quotients, the most concentrated private-sector industries in Socorro County, New Mexico are: Retail Trade (LQ 0.97x, avg $566/wk); Professional, Scientific & Technical Services (LQ 0.90x, avg $1478/wk); Finance & Insurance (LQ 0.36x, avg $901/wk); Transportation & Warehousing (LQ 0.29x, avg $1004/wk); Other Services (LQ 0.24x, avg $479/wk). An LQ above 1.0 means the county has a higher share of that industry than the US overall.
- How does Socorro County's wage compare to New Mexico overall?
- Socorro County has a GLWP-US of 67.7 vs the US average of 100. To see how Socorro County compares to other counties in New Mexico, explore the full GeraJobs US Wage Premium rankings. The GLWP-US is computed from BLS QCEW 2023 establishment data covering all industries and ownership types.
How the Gera Local Wage Premium US is calculated
GLWP-US = (county avg weekly wage / US avg weekly wage) × 100. US average $1392/wk in 2023 → US = 100 by construction. Data: BLS QCEW 2023 annual singlefile, all industries, all ownership. Suppressed cells excluded. No imputation. Full methodology · Licence: US public domain.
Find jobs in Socorro County
Search live roles across Socorro County and nearby areas on GeraJobs.
Get Socorro County wage updates
We'll notify you when BLS QCEW 2024 data is published — including the updated wage premium for Socorro County, New Mexico.
Other counties in New Mexico by GLWP-US
Related on GeraJobs
Source: U.S. Bureau of Labor Statistics, QCEW 2023 Annual Single File (data.bls.gov/cew/data/files/2023/csv/2023_annual_singlefile.zip). US public domain. Area title from BLS area_titles.csv. FIPS: 35053. No figure is modelled or estimated.