Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Socorro, NM

Comprehensive demographics, housing data, local amenities, and economic statistics for Socorro.

← Back to Socorro Hub

Community Insights

Affordable Market
$154k median home
lower cost than 72% of the country
Leading Industries
Public Administration · Arts, Food & Hospitality · Construction
36% public administration
Home Value Growth⬆⬆
+18.9% over 2 years
Young Adults
36% of residents
top 5% nationally
Homeowners
62% of occupied units

People & Demographics

Total Population8,144
Households
Under 18
20.0%
Age 18–34
36.0%
Age 35–64
24.0%
Age 65+
21.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$154,158
Median Gross Rent$699/mo
Owner Occupied
62.2%
Renter Occupied
37.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$44,331
Poverty Rate

Key Industries

Healthcare12.0%
Professional Services1.0%
Manufacturing1.0%
Retail4.0%
Education0.0%

Amenities & Transit

Transit Score72 / 100
Walkability / Amenities66 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
11.0%
Master's or Higher
5.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Socorro?

The total population of Socorro is approximately 8,144. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Socorro walkable and transit-friendly?

Based on local geographic data, Socorro has an amenity and walkability score of 66/100 and a transit score of 72/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Socorro?

The housing market in Socorro is predominantly driven by homeowners, with 62% of housing units being owner-occupied and 38% being renter-occupied.

What is the education level of residents in Socorro?

In Socorro, approximately 11% of adult residents hold a bachelor's degree or higher. Additionally, 5% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.