Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.2 yrs |
|---|---|
| Avg HH Size | 2.86 |
| Below Poverty | 22.0% ▲ 120% above avg |
| College Grads | 30.4% ▼ 22% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 336 (6.4%) |
| HS Graduate | 1,649 (31.6%) |
| Some College | 698 (13.4%) |
| Associates | 949 (18.2%) |
| Bachelors | 376 (7.2%) |
| Graduate Degree | 1,210 (23.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,032 ▼ 29% below avg |
|---|---|
| Median Home Value | $165,700 ▼ 41% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $676/mo |
| Total Housing Units | 4,272 |
| Vacant Units | 1,230 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Socorro is a city in New Mexico, located in Socorro County. The city spans 1 ZIP code and is home to approximately 9,309 residents. It is a middle-aged city, with a median age of 39.2 years.
Economically, Socorro is a working-class community. The median household income of $54,032 is below the national average. Approximately 22.0% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Socorro is an affordable housing market. Median home values stand at $165,700, which is below the national average. Renters typically pay around $676 per month. Homeownership is high at 63.9%, typical of suburban and family-oriented communities.
The population of Socorro is moderately educated. 30.4% of adults hold a bachelor's degree or higher — below the national average. The community is majority Hispanic (51.07%).
Socorro, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87801 | 9,309 | $54,032 | $165,700 | $676 | 1.2% | 30.4% | 63.9% |