Alamogordo is the economic center of Otero County, with nearly half the Otero County population living within the city limits. Alamogordo today has very little manufacturing and has a primarily service and retail economy, driven by tourism, a large nearby military installation and a concentration of military retirees. a portion of the transcontinental railway that was being constructed in the late 19th century. Initially its main industry was timbering for railroad ties.
Military impact Holloman Air Force Base, located approximately west of the city limits, is the largest employer of Alamogordo residents, and has a major effect on the local economy. According to some estimates, Holloman accounts for half of the Alamogordo economy. According to the 49th Fighter Wing Public Affairs office, as of January 2008 Holloman directly employs 6,111 personnel with a gross payroll of $266 million. It indirectly creates another 2,047 jobs with a payroll of $77 million. The estimated amount spent in the community, including payroll, construction projects, supplies, services, health care, and education, is $482 million. An estimated 6,700 military retirees live in the area. Counting both
USAF and
German Air Force personnel there are 1,383 active military and 1,641 military dependents living on base and 2,765 active military and 2,942 military dependents living off base.
Future Combat Systems is a wide-ranging modernization project of the
US Army. Much of the work will be done at
Fort Bliss, with some at
White Sands Missile Range and some at
Holloman Air Force Base. Alamogordo is expected to get some economic benefit due to its proximity to these three bases.
Economic development Otero County Economic Development Council is a nonprofit organization founded in 1984. Its focus has generally been on job creation and recruiting and expanding businesses in
Otero County, including helping them satisfy business regulations in New Mexico and lining up funding. Its role expanded in 2000, when Alamogordo passed an Economic Development
Gross Receipts Tax. OCEDC continues to work to attract businesses, but now it also helps develop the incentive packages that will be paid by the new tax, and a portion of the tax receipts go to fund OCEDC's operating expenses. Formal economic development plans have been adopted by Alamogordo and by Otero County. OCEDC has recruited several new employers by using financial incentives. A
1-800-Flowers call center opened in November 2001 and received $1.25 million in city rent abatements, a 50% reduction in property taxes from Otero County, and $940,000 in plant training funds from the State of New Mexico. A Sunbaked Biscuits cookie factory opened in 2006 and received $800,000 in job-training incentives from the state. When the company went out of business in 2007, Marietta Baking took over the cookie factory and received interest-free loans, job-training incentives, and partial forgiveness of indebtedness for job creation. A branch office of PreCheck Inc., a company performing background checks of health-care workers, opened in 2006. PreCheck received $2.4 million in high-wage job creation tax credits, $1.5 million in job-training subsidies, $1.5 million in capital outlay money for roads and infrastructure, a $625,000 allocation from City of Alamogordo for upgrading sewer lines in the area, and 20.8 acres of land from Heritage Group, a developer. The Otero County Film Office, an office of Otero County Economic Development Council, promotes film-making in Otero County by publicizing potential locations in the county and
New Mexico's film financial incentive programs and by recruiting
extras for film productions. It sponsors the Desert Light Film Competition for middle and high school students to encourage learning about the film industry. The 2007 film
Transformers spent $5.5 million in New Mexico and $1 million in Alamogordo. ==Arts and culture==