Socorro city, New Mexico Demographics & Population 2026
As of 2026, Socorro city, New Mexico has a total population of 8,540, the 29th largest city in New Mexico, with a median household income of $51,343, which is 17% lower than the state average. The poverty rate is 24.9%.
Key Takeaways
- Near full employment with an unemployment rate of just 0.7%.
Socorro city Quick Facts
How Socorro city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 61 | National average: 60
Education
Educational Attainment (Adults 25+)
Socorro city Rankings in New Mexico
Explore New Mexico Rankings
Cities Similar to Socorro city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Grants city | 9,106 | $49,286 | $123,600 | 23.9% | 30.6% |
| Ruidoso village | 7,701 | $50,259 | $229,100 | 30.9% | 16.5% |
| Shiprock CDP | 8,339 | $41,563 | $101,500 | 12.0% | 29.0% |
| Bloomfield city | 7,391 | $51,212 | $167,800 | 14.3% | 24.3% |
| Bernalillo town | 9,068 | $61,624 | $237,100 | 24.0% | 15.7% |
Population Overview
Socorro city is a small city located in New Mexico. The total population is 8,540. It ranks as the 29th most populous out of 492 cities and towns in New Mexico.
Age Demographics
The median age in Socorro city is 36.4 years. This is 7% lower than the state median of 39.2 years.
Economy, Income & Housing
The median household income in Socorro city is $51,343. This is 17% lower than the state median of $62,125. Compared to the national median of $78,538, household income here is 35% lower. The poverty rate stands at 24.9%. This is 38% higher than the state poverty rate of 18.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.7%. This is 89% lower than the state rate of 6.0%. The median home value is $162,400. Housing costs are 30% lower than the state median of $232,200. The home-value-to-income ratio is 3.2x. 60.0% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 69.3%.
Race & Ethnicity
The largest racial or ethnic group in Socorro city is Hispanic or Latino, making up 51.4% of the population. White (non-Hispanic) residents account for 34.6%. The Black or African American population (0.4%) is well below the state average of 1.8%. The Asian population is significantly higher than the state average (3.3% vs 1.6%).
Education
28.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 7% lower than the state rate of 30.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.6%.
Data Sources & Methodology
All demographic data for Socorro city, New Mexico is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Mexico state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 492 Census-designated places in New Mexico. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Socorro city, New Mexico?
Socorro city, New Mexico has a population of 8,540 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Socorro city, NM?
The median household income in Socorro city is $51,343, which is 35% lower the national median of $78,538.
What is the poverty rate in Socorro city, NM?
The poverty rate in Socorro city is 24.9%. This means approximately 1,978 residents live below the federal poverty line.
What is the racial makeup of Socorro city, New Mexico?
Socorro city's population is 34.6% White, 0.4% Black, 51.4% Hispanic/Latino, and 3.3% Asian.
What is the median home value in Socorro city, NM?
The median home value in Socorro city is $162,400. The home-value-to-income ratio is 3.2x.
How educated is Socorro city, New Mexico?
28.0% of adults (25+) in Socorro city hold a bachelor's degree or higher, and 14.1% hold a graduate or professional degree.