Median Income
$42,622
household / year
Median Home Value
$149,200
owner-occupied
Median Rent
$708
gross / month
Cost of Living
90
national avg = 100

Is Socorro, NM a Good Place to Live?

Socorro is a small town of 8,605 in New Mexico, with a median household income of $42,622 and a 3.0% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Socorro stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Socorro is right for you depends on your priorities — the full breakdown is below.

All Socorro city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.4

Socorro's overall cost of living index is 90.4, where 100 represents the US national average. Living in Socorro costs roughly 10% less than the average American city.

Metric Socorro, NM National Avg
Median Home Value $149,200 $244,900
Median Monthly Rent $708 $1,163
Homeownership Rate 62.0% 65.9%
Median Household Income $42,622 $74,755

Crime & Safety

Very Safe

Socorro's violent crime rate is 108.2 per 100,000 residents — 72% lower than the national average of ~380 per 100,000.

Violent Crime
108.2 /100k
Property Crime
408.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Socorro is served primarily by SOCORRO. The student-to-teacher ratio is 13.4:1 (better than the national average of ~16:1).

Metric Socorro, NM National Avg
School District SOCORRO
Elementary Schools 4
Middle Schools 1
High Schools 1
Student/Teacher Ratio 13.4:1 16:1
Bachelor's Degree or Higher 21.6% 35.4%
High School Diploma or Higher 85.4% 91.1%

Weather & Climate

Socorro sees average highs of 52.2°F in January and 91.5°F in July, with 10.9 inches of annual precipitation and 2.0 inches of snow per year.

MetricSocorro, NM
Average High — January52.2°F
Average High — July91.5°F
Annual Precipitation10.9"
Annual Snowfall2.0"

Demographics

MetricSocorro, NMNational Avg
Population8,605
Median Age36.438.9
Unemployment Rate3.0%3.7%
Avg Commute Time9.0 min26 min
White (non-Hispanic)65.7%59.3%
Black or African American1.7%13.6%
Hispanic or Latino22.3%18.9%
Asian3.6%6.3%
Under 1817.5%22.2%
65 and over19.0%16.8%

Nearby Cities

ZIP Codes in Socorro

Socorro, NM is covered by 1 ZIP code:

Socorro vs Other Cities

Frequently Asked Questions

Socorro's cost of living index is 90, where 100 is the national average. That makes Socorro roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $149,200 and median rent is $708/month.
Socorro's violent crime rate is 108.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 408.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Socorro are operated by SOCORRO. The district has 4 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 13.4:1. 21.6% of adults 25+ hold a bachelor's degree or higher.
Socorro, NM has a population of 8,605, a median household income of $42,622, and an unemployment rate of 3.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Socorro averages 52.2°F in January and 91.5°F in July. Annual rainfall is 10.9 inches with about 2.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Socorro, NM is covered by 1 ZIP code: 87801.
The population of Socorro, New Mexico is 8,605 with a median age of 36.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Socorro: cost of living index 90 (100 = US average), median home $149,200, median household income $42,622, crime index 25 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Socorro side by side with your current city to see the trade-offs.