Socorro County Has Deteriorated in Terms of Home Ownership by 1.8%, According to the 2010 Census

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Parent Category: New Mexico

Category: Socorro County, NM

According to data from the 2010 Census, Socorro County, New Mexico decreased in total real estate dwellings by 251, or 3%, since the 2000 Census. At the same time, the State of New Mexico increased in total real estate dwellings by 120,809, or 13%.

Compared to the US, Socorro County has a very low amount of unoccupied residential properties. 1,045, or 13.0%, of properties are currently vacant in Socorro County, New Mexico. Within the 1,045 vacant residential properties, 5.8% are the market to be sold, while 30.2% are properties that are available for rent.

Between 2000 and 2010, owner-occupied housing units in Socorro County have decreased by 1.8%. The 2010 Census reports there were 4,858 (69.3%) owner-occupied units, while 2,156 (30.7%) units were rented. Socorro County has a smaller amount of residential units rented than the State of New Mexico, which saw 31.5% of residential units occupied by renters.

When compared to other counties across the US, Socorro County has a very high level of residential properties that are minority-owned. 55.0% are owned by minorities in Socorro County; while in the US 21.7% and in the State of New Mexico 47.8% of homes are owned by minorities.

American Indian is the group with the highest percent of rental in Socorro County. 67.5% the American Indian Census group occupies a rented housing unit.

Datasource:  U.S. Census Bureau, Census 2010 Summary File 1. For more information, please visit the US Census website or visit our Request Census Data section and file a request.

In Socorro County, New Mexico, the aggregate employment for all industry sectors has decreased by 19 jobs between 2005 and 2010.

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Parent Category: New Mexico

Category: Socorro County, NM

In Socorro County, New Mexico, the aggregate employment for all industry sectors has decreased by 19 jobs between 2005 and 2010.

From the 36 industries with industry data reported by the BLS in each year, 16 accounted an for increase in employment during the period and 20 industry sectors accounting for employment declines during that time period.

Out of the 4-digit NAICS industries, the individual and family services industry has brought the most jobs with a total of 216 employees finding new jobs in the industry. The employment growth in individual and family services makes up 46.1% percent of the total growth in Socorro County, New Mexico for the years between 2005 and 2010.

Top 5 Growing Industries
1. Individual and family services (+216)
2. Fullservice restaurants (+67)
3. Child day care services (+30)
4. Offices of dentists (+26)
5. Traveler accommodation (+20)

The scientific research and development services industry faced the greatest employment loss with a total loss of 340 jobs during the period. The employment lost in scientific research and development services make up 49.5% percent of the total job loss in Socorro County, New Mexico between the years of 2005 and 2010.

Top 5 Declining Industries
1. Scientific research and development services (-340)
2. Other miscellaneous manufacturing (-68)
3. Architectural and engineering services (-67)
4. Offices of physicians (-58)
5. Other professional and technical services (-29)

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