Socorro, NM population, income and ZIP codes

Socorro city is a mid-size town in New Mexico, with 8,540 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #29 of 527 ranked by population — larger than 94% of them. The median age here is 36.4 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Socorro city earn a median of $51,343 a year, 34.6% below the national figure of $78,538 and 5% below the $54,029 median for the 153 New Mexico cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 24.9% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Socorro city is valued at $162,400, 46.5% below the national figure and 15% below the $190,000 peer median, while median gross rent runs $675 a month, 52% below the national figure, or roughly $8,100 across a full year. A household on the local median income would put about 15.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.2×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 60% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.