All Countries
Socorro, NM
Full City Profile · New Mexico · Valencia County County
3.2
/5.0
B
Good
8,540
Population
591/sq mi density
$51,343
Median Income
$26,305 per capita
$162,400
Home Value
$193,880 Zillow
$675
Median Rent
31.9% income on rent
58°F
Avg Temperature
330 sunny days/yr
766
Violent Crime/100K
5,327 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$51,343 median income, 0.3% unemployment
A+
Affordability
4.9 / 5.0
$162,400 home value, $675/mo rent
F
Safety
1.0 / 5.0
766 violent crimes/100K (102% above avg)
B
Education
3.2 / 5.0
28.0% bachelor's degree or higher
Housing Overview
Median Home Value
$162,400
42% below
US avg: $281,900
Median Rent
$675/mo
42% below
US avg: $1,163/mo
Homeownership Rate
60.0%
8% below US avg (65.4%)
Total Housing Units
3,843
Median year built: 1980
Home Value by Source
Census Median
$162,400
Zillow (ZHVI)
$193,880
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.0%
Owner-Occupied
40.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$723/mo
1 Bedroom
$888/mo
2 Bedroom
$973/mo
3 Bedroom
$1,353/mo
4 Bedroom
$1,569/mo
Census median rent:
$675/mo
Affordability & Housing Stock
Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
60.0%
Complete Housing Data
Home Values
| Census Median Value | $162,400 |
| Zillow Home Value (ZHVI) | $193,880 |
Rent
| Census Median Rent | $675 |
| FMR Studio | $723 |
| FMR 1-Bedroom | $888 |
| FMR 2-Bedroom | $973 |
| FMR 3-Bedroom | $1,353 |
| FMR 4-Bedroom | $1,569 |
Market
Ownership & Stock
| Owner-Occupied | 60.0% |
| Renter-Occupied | 40.0% |
| Homeownership Rate | 60.0% |
| Total Housing Units | 3,843 |
| Median Year Built | 1980 |
| Rent Burden | 31.9% |