Carrizozo’s economy mirrors the regional economy in its dependence on local-serving government-related jobs. Carrizozo has less accommodation, food service and retail services than neighboring towns, including Ruidoso which is primarily a tourist-based economy. At the crossroads of two major highways, Carrizozo caters to automobile traffic passing through to other destinations, art-lovers and residents having business at the county courthouse, including jurors.
According to the 2016 Metropolitan Redevelopment Plan (MRA), there were 21 businesses, primarily in the downtown area, out of 48 storefronts. One business, the grocery store, has been out of business and is identified by residents as an asset that is sorely missed. Currently, the nearest grocery store is in Capitan, approximately 20 miles away.
190 people work in Carrizozo. The largest industries are the schools (47 people), health care and social assistance (31 people) and other services and public administration (23 people). The highest paying industries are health care and social assistance ($21,477), arts, entertainment and recreation and accommodations and food services ($19,219).
Between 10% and 25% of residents live and work in town.
From 2017 to 2018, employment in Carrizozo declined at a rate of -13.2%, from 219 employees to 190 employees.
Highest Paying Jobs
The highest paying industries in Carrizozo in 2018 by median earnings, are health care and social assistance ($21,477), arts, entertainment and recreation and accommodations and food services ($19,219).
Most Common Jobs
The most common industries in Carrizozo in 2018 by number of employees, are schools (47 people), health care and social assistance (31 people) and other services and public administration (23 people).
Data from the Census Bureau ACS 5-year Estimate.
Gross Receipts Tax
The current gross receipts tax for Carrizozo is 7.0%.
According to the MRA, business activity increased every year since 2008. The businesses totaling the greatest gross receipts tax have been retail, construction, utilities, food service and accommodations.