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
Change Over Time (2013–2023)
Population Change
-5.1%
8,836 → 8,386
over 10 years
Annual Pop. Growth
-0.52%
Compound annual growth rate
Median Income Change
+59.7%
$32,155 → $51,343
nominal, not inflation-adjusted
Annual Income Growth
+4.79%
Compound annual growth rate
Population Over Time
Total population for Socorro across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
8,085
-301 from 2023 (8,386)
Projected Median Income 2030
$71,239
+$19,896 from 2023 ($51,343)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 8,836 | — | $32,155 | — |
| 2015 | 8,639 | -2.2% | $33,359 | +3.7% |
| 2017 | 8,469 | -2% | $33,608 | +0.7% |
| 2019 | 8,356 | -1.3% | $41,271 | +22.8% |
| 2021 | 8,414 | +0.7% | $45,142 | +9.4% |
| 2023 | 8,386 | -0.3% | $51,343 | +13.7% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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