Last updated: 2024 BLS data · Page refreshed:
Socorro has a population of 8,481 with a median age of 29.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,481 |
| Median Age | 29.6 |
| White | 34.4% |
| Black or African American | 0.6% |
| Asian | 3.2% |
| Hispanic or Latino | 48.1% |
| Other / Two or More Races | 13.7% |
The median household income in Socorro is $39,375, which is 51.2% below the national median of $80,610. The per capita income is $21,933. The poverty rate is 32.6%.
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In Socorro, 82.0% of residents age 25+ have a high school diploma or higher, and 25.1% hold a bachelor's degree or higher (12.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 82.0% |
| Bachelor's Degree or Higher | 25.1% |
| Graduate or Professional Degree | 12.6% |
The median home value in Socorro is $152,900, below the national median of $303,400. The median monthly rent is $711. The homeownership rate is 57.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $152,900 |
| Median Monthly Rent | $711 |
| Homeownership Rate | 57.3% |
| Vacancy Rate | 27.2% |
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