Socorro, NM
Full City Profile · New Mexico · Valencia County County
Socorro, NM
At a Glance
How Socorro Compares to the U.S. Average
Each bar shows Socorro's value as a percentage of the national average (100% = U.S. avg)
Is Socorro a Good Place to Live?
Economy & Jobs
Socorro residents earn a median household income of $51,343 , which is 32% below the national average of $75,149. Per capita income is $26,305. The unemployment rate stands at 0.7% (81% below the U.S. rate of 3.6%). 15.3% of residents live below the poverty line. The area is home to 1,532 business establishments, including 85 restaurants.
Housing & Cost of Living
The median home value in Socorro is $162,400 , 42% below the national median of $281,900. Zillow estimates the typical home at $199,178. Median rent is $675/month, with 31.9% of renters spending more than 30% of income on housing. The cost of living index is 92.2 (100 = national average). The median home was built in 1980.
Safety & Crime
Socorro reports 969 violent crimes per 100,000 residents , which is 155% above the national average of 380/100K. Property crime is 2,955/100K.
Education
28.0% of adults in Socorro hold a bachelor's degree or higher (17% below the national average). 85.6% have completed high school. Local schools score 3.5/10 in standardized testing.
Climate & Weather
Socorro has an average annual temperature of 58°F (14°C). Winters average 38°F in January while summers reach 77°F in July. Annual precipitation totals 10.0 inches. Air quality is rated Good with a median AQI of 43.