Living in Socorro, Texas
Cost of living, income, home prices, rent and demographics of Socorro · Census data 2020–2024
Socorro has 37,123 residents with a median age of 32.4. The median household income is $54,744 (30% lower than the Texas median), the median home value is $144,500, the median rent is $1,032/month.
Socorro at a glance
- Population
- 37,123
- Median age
- 32.4State: 35.6
- Median household income
- $54,744State: $78,476
- Median home value
- $144,500State: $283,800
- Median rent
- $1,032/moState: $1,403
- Homeowners
- 81.8%
- Bachelor's degree or higher
- 12.8%
- Average commute
- 27 min
Is Socorro a good place to live?
Pros: Home values 49% lower than the state median; unemployment of 4.8%.
Cons: Median household income 30% lower than the Texas median; an average commute of 27 minutes; a poverty rate of 20.7%.
The weather is best in March–April and October–November.
Cost of living in Socorro
Housing is the biggest part of the cost of living. In Socorro the median home value is $144,500, 57% lower than the U.S. median. Renters pay a median of $1,032 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,469 a month in housing costs.
Socorro median household income
The median household income in Socorro is $54,744 and the income per person is $21,099. 20.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Socorro: homes for sale and rent
- Housing units
- 12,052
- Owner-occupied
- 81.8%
- Renter-occupied
- 18.2%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 3.25
Socorro demographics
- Population
- 37,123
- Median age
- 32.4
- Under 18
- 29%
- 65 and older
- 12%
- Households
- 11,396
- Foreign-born
- 32.3%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Socorro ›
Education in Socorro
12.8% of adults 25 and older in Socorro have a bachelor's degree or higher (Texas: 33.8%), and 3.7% have a graduate or professional degree.
Jobs and commute in Socorro
- Unemployment rate
- 4.8%State: 5.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 6.9%
- Drive alone
- 75.3%
- Public transit
- 0.6%
- Walk to work
- 0.1%
- Homes with broadband
- 88.9%
Socorro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Socorro | 37,123 | $54,744 | $144,500 | $1,032 |
| Sparks | 4,134 | $34,876 | $103,800 | $1,080 |
| Clint | 1,258 | $43,977 | $203,700 | $1,112 |
| San Elizario | 10,116 | $49,977 | $110,400 | $917 |
| Horizon City | 23,668 | $65,737 | $170,200 | $1,280 |
| Morning Glory | 431 | $60,114 | $160,000 | — |
| Agua Dulce | 2,697 | $47,200 | $120,600 | $1,084 |
| Fabens | 4,818 | $42,533 | $95,500 | $606 |
| Homestead Meadows South | 6,660 | $49,327 | $173,500 | $865 |
More for people moving to Socorro
Socorro ZIP code ›Weather and climate ›Living in Socorro: FAQ
What is the median household income in Socorro, TX?
The median household income in Socorro is $54,744, 30% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Socorro?
The median home value in Socorro is $144,500, compared with $283,800 in Texas.
How much is rent in Socorro?
The median gross rent in Socorro is $1,032 per month, about 32.8% of household income.
Is Socorro, TX a good place to live?
Pluses: home values 49% lower than the state median; unemployment of 4.8%. Minuses: median household income 30% lower than the Texas median; an average commute of 27 minutes; a poverty rate of 20.7%.
What is the median age in Socorro?
The median age in Socorro is 32.4 years (Texas: 35.6).
How long is the commute in Socorro?
The average commute to work in Socorro is 27 minutes; 6.9% of workers work from home.
What is the unemployment rate in Socorro?
The unemployment rate in Socorro is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Socorro?
12.8% of adults in Socorro have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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