Everything You Should Know Before Moving to Socorro, NM
Considering a move to Socorro, NM? With a welcoming population of 8,340, Socorro offers affordable living, with median home prices around $135,000 and average rents near $730. Enjoy over 75% sunny days a year, a short average commute of 15 minutes, and the unique presence of New Mexico Tech right in town. Crime rates are higher than the national average, but the city’s charm, low cost of living, and educational opportunities make it a distinctive place to call home.
Demographics - Socorro, NM
Demographics - Socorro, NM
Socorro is home to 8,340 residents, featuring a youthful median age of 33.7 and a diverse community with nearly 45% of the population speaking a language other than English at home. The city’s population density is moderate, and its blend of cultures adds to its local character.
Population:
8,340
Density:
1,200 per sq mi
Median Age:
33.7
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
44.5%
Ethnic Composition
White:
44.2%
Black:
1.2%
Asian:
1.5%
Others:
53.1%
Cost Of Living
What is the average cost of living in Socorro, NM?
Living in Socorro is notably affordable, with a median home value of $135,000 and average rents around $730 per month. The city’s cost of living index is 86.2, meaning everyday expenses, housing, and utilities are generally lower than the national average.
Median House Value:
$135,000
Gross Rent:
$730
Monthly Electricity Charges:
$100
Auto Insurance:
$1,190
House Owner Cost With Mortgage:
$970
House Owner Cost Without Mortgage:
$335
State Taxes:
Low:
1.7%
|
High:
5.9%
Cost Of Living Index:
86.2
Grocery:
88.5
Housing:
65.4
Utilities:
89.2
Transportation:
87.2
Health Care:
92.0
Miscellaneous:
90.0
Crime
Is Socorro, NM a safe place to live?
Socorro experiences higher-than-average crime rates, with approximately 442 violent crimes and 2,350 property crimes per 100,000 residents. While the chance of property crime is about 1 in 43, many residents find the city’s tight-knit community and affordable lifestyle outweigh these concerns.
Violent Crimes Per 100k:
442
Property Crimes Per 100k:
2,350
Crime Index:
2,792
Chance Of Violent Crime:
1 in 226
Chance Of Property Crime:
1 in 43
Weather
What is the weather like in Socorro, NM year-round?
Socorro enjoys a mild, sunny climate with about 76% sunny days each year and low annual rainfall of just under 10 inches. Winters are cool with highs in the 50s, while summers are warm and dry, making it ideal for those who appreciate clear, sunny weather.
Winter
Min:
25°F
Max:
54°F
Spring
Min:
38°F
Max:
77°F
Summer
Min:
62°F
Max:
94°F
Fall
Min:
41°F
Max:
76°F
Average Rainfall Inches:
9.6 inches
Sunny Days Percentage:
76%
Neighbors
The typical household in Socorro earns about $37,900 annually, with a poverty rate near 30% and a low average commute time of 15 minutes. Most residents rely on personal vehicles, and educational attainment is solid with over 80% holding at least a high school diploma.
Median Income:
$32,200
Household Income:
$37,900
Family Income:
$46,500
Per Capita Income:
$19,970
Income Male:
$35,400
Income Female:
$29,700
Poverty Rate:
29.6%
Non English Speakers:
44.5%
Rent:
$730
Unemployment Rate:
7.1%
Public Transport Usage:
0.4%
Commute Time:
15.4 minutes
Education
High School or Higher:
80.3%
Bachelors or More:
22.4%
Education
How are the schools in Socorro, NM?
Socorro offers educational opportunities from public and private schools to higher education at the New Mexico Institute of Mining and Technology, located right in town. Public schools maintain reasonable student-teacher ratios, and the presence of a well-regarded technical college adds unique value to the community.
Public Schools
Name:
Socorro High School
Street:
1200 Michigan Ave
Phone:
575-835-0700
Students:
525
Student Teacher Ratio:
15.6
Name:
Sarracino Middle School
Street:
1425 El Camino Real St
Phone:
575-835-0283
Students:
320
Student Teacher Ratio:
14.2
Private Schools
Name:
San Miguel Catholic School
Street:
403 El Camino Real St
Phone:
575-835-2939
Students:
110
Colleges
Name:
New Mexico Institute of Mining and Technology
City:
Socorro
State:
NM
Distance:
0 miles
Students:
2,100
Healthcare
Healthcare in Socorro is anchored by Socorro General Hospital, offering general and emergency services. Most residents have health insurance coverage, and access to physicians is available, though the ratio is slightly below the national average.
Major Hospitals
Name:
Socorro General Hospital
Address:
1202 Highway 60 West, Socorro, NM 87801
Phone:
(575) 835-1140
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.2
Health Insurance Coverage:
92.4%
Health Care Index:
62.3
Housing Market
What is the housing market like in Socorro, NM?
Socorro’s housing market is accessible, with a median home price of $135,000 and a majority of homes owner-occupied. Rental availability is steady, and the area has seen modest home appreciation, making it attractive for both buyers and renters.
Median Home Price:
$135,000
Average Rent For 2 Bedroom:
$730
Owner Occupied Rate:
63.5%
Rental Vacancy Rate:
7.5%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.5%
Foreclosure Rate:
0.7%
DMV Information
Socorro residents can access motor vehicle services locally at the New Mexico Motor Vehicle Division on Winkler St, with information and resources also available online. The office provides a full range of DMV services for drivers, vehicles, and licensing needs.
State:
New Mexico
Department:
New Mexico Motor Vehicle Division
Address:
102 Winkler St, Socorro, NM 87801
Phone:
1-888-683-4636
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.