Socorro County, New Mexico

County Distress Index: Elevated · 63.7 | 15,963 people · 7th most distressed in New Mexico

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Socorro County, NM registers elevated household financial distress with a score of 63.7 — 721st nationally out of 3144 counties. The primary driver is Structural Poverty, where poverty rates are high, transfer income dependency is elevated, and household incomes lag well behind state and national medians. Within New Mexico, it ranks 7th of 33 counties. Among its 6 neighboring counties, 5 show less distress.

The Numbers Behind the Score

The CDI measures five statistically derived factors of household financial distress, PCA-weighted. Socorro County's primary driver is Structural Poverty at 86.9 — worse than roughly 87% of U.S. counties.

Structural Poverty Primary driver 86.9
Unemployment Rate 76
Poverty Rate 95
Income vs. State Median 74
Child Poverty Rate 94
Disability Rate 95
Transfer Income Dependency 91
Housing Cost Burden 65.2
Rent-Burdened (30%+) 89
Severely Rent-Burdened (50%+) 60
Mortgage-Burdened (30%+) 17
Homeownership Rate 55
Consumer Credit Distress 64.7
Debt in Collections 68
Medical Debt 38
Auto Loan Delinquency 76
Credit Card Delinquency 69
Uninsured Rate 51
Subprime Credit Population 71
Economic Vitality 59.0
Wage-to-Rent Ratio 26
Rent-to-Income Ratio 82
Business Formation Rate 92
House Price Change (YoY) 95
Legal Distress 16.1
Bankruptcy Filing Rate 16

Scores are percentile-based: 50 = national median, higher = more distressed.

Neighbors and Peers

Neighboring Counties

CountyScoreZonevs. Socorro County
Socorro County, NM 63.7 Elevated
Cibola County, NM 72.1 Serious +8.3
Valencia County, NM 63.7 Elevated -0.1
Torrance County, NM 57.5 Elevated -6.2
Sierra County, NM 51.3 Elevated -12.5
Lincoln County, NM 50.0 Normal -13.8
Catron County, NM 41.2 Normal -22.6

Population Peers

CountyScoreZonevs. Socorro County
Tippah County, MS 63.7 Elevated -0.1
Nottoway County, VA 63.7 Elevated -0.1
Crockett County, TN 63.8 Elevated +0.1
Marion County, TN 63.7 Elevated -0.1
Brunswick County, VA 63.7 Elevated -0.1

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