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Federal Spending in Socorro County, NM
Federal agencies obligated $335M in Socorro County in fiscal year 2026, 16th highest of 33 counties in New Mexico.
- Total, FY 2026
- $335M
- +42.2% from FY 2025
- Per person
- $20,192
- NM average: $16,132
- Contracts
- $104M
- Grants
- $118M
How the money is awarded
Fiscal year 2026, share of Socorro County federal obligations
- Contracts$104M31.0%
- Grants$118M35.3%
- Direct payments$107M32.0%
- Loans (subsidy cost)$3,3350.0%
- Insurance and other$5.7M1.7%
Top federal recipients in Socorro County
Fiscal year 2026, all award types, by place of performance
- 1New Mexico Department of Transportation$110M
- 2Jaynes Corporation$96M
- 3New Mexico Institute of Mining and Technology$11.2M
- 4Serco INC$9.3M
- 5The Alamo Navajo School Board INC$8.7M
- 6County of Socorro$3.9M
- 7Institute for Applied Ecology$1.8M
- 84 Rivers Equipment LLC$1.7M
- 9Rio Grande Agricultural Land T$1.7M
- 10John Deere Shared Services, LLC$1.1M
Compared with other New Mexico counties
Fiscal year 2026, largest first
Swipe the table sideways to see more columns.
| # | County | Total | Per person |
|---|---|---|---|
| 1 | Bernalillo County | $11.7B | $17,278 |
| 2 | Los Alamos County | $5.7B | $291,466 |
| 3 | Santa Fe County | $2.4B | $15,426 |
| 4 | Doña Ana County | $1.9B | $8,464 |
| 5 | Hidalgo County | $1.8B | $441,105 |
| 6 | Sandoval County | $1.3B | $8,945 |
| 7 | San Juan County | $1.2B | $9,767 |
| 8 | Otero County | $698M | $10,286 |
| 9 | Mckinley County | $561M | $7,688 |
| 10 | Valencia County | $500M | $6,567 |
| 11 | Chaves County | $460M | $7,056 |
| 12 | Eddy County | $447M | $7,166 |
| 13 | Grant County | $364M | $12,922 |
| 14 | Lincoln County | $359M | $17,700 |
| 15 | Curry County | $342M | $7,052 |
| 16 | Socorro CountyThis county | $335M | $20,192 |
| 17 | Rio Arriba County | $321M | $7,948 |
| 18 | Taos County | $312M | $9,039 |
Frequently asked questions
- How much federal money goes to Socorro County?
- In fiscal year 2026, federal agencies obligated $335,092,185 for work done or benefits received in Socorro County, about $20,192 per resident.
- Who receives the most federal money in Socorro County?
- The largest recipients were NEW MEXICO DEPARTMENT OF TRANSPORTATION ($110M), JAYNES CORPORATION ($96M), NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY ($11.2M).
- What are direct payments?
- Direct payments are federal money paid straight to people or organizations, such as Social Security, farm payments and some disaster aid. In Socorro County they totaled $107M in fiscal year 2026.
Source: USAspending.gov, U.S. Department of the Treasury · Last updated 09/30/2026 · Per-person figures use a population of 16,595.
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