Socorro, New Mexico Demographics & Population 2026
During the 2020–2024 ACS period, Socorro, New Mexico had a total population of 8,481, the 29th largest city in New Mexico, with a median household income of $39,375, which is 39% lower than the state average. The poverty rate is 32.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 39% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (32.6%), well above the national average of 12.4%.
- Near full employment with an unemployment rate of just 2.1%.
Socorro Quick Facts
How Socorro Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 8,540 | 8,481 | -0.7% |
| Median household income | $51,343 | $39,375 | -23.3% |
| Median home value | $162,400 | $152,900 | -5.8% |
How Socorro Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 63 | National average: 61
Education
Educational Attainment (Adults 25+)
Socorro Rankings in New Mexico
Explore New Mexico Rankings
Other Cities in Socorro County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Polvadera | 1,033 | $27,158 | 88.7% | $123,700 |
| Magdalena | 976 | N/A | 38.8% | $99,500 |
| Lemitar | 316 | $93,902 | 10.8% | N/A |
| Alamillo | 247 | N/A | 70.9% | N/A |
| Alamo | 246 | N/A | 1.2% | N/A |
| San Acacia | 176 | N/A | 76.1% | N/A |
| La Joya | 159 | N/A | 40.3% | N/A |
| Veguita | 157 | $11,354 | 100.0% | N/A |
| San Antonito (Socorro County) | 142 | N/A | 0.0% | N/A |
| San Antonio | 89 | N/A | 0.0% | N/A |
Cities Similar to Socorro
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Anthony | 8,767 | $38,132 | $116,000 | 7.6% | 32.9% |
| Silver City | 9,536 | $38,711 | $182,100 | 35.8% | 23.7% |
| Grants | 8,951 | $47,183 | $136,500 | 19.3% | 34.1% |
| Shiprock | 7,610 | $35,900 | $104,400 | 11.6% | 34.6% |
| Belen | 7,450 | $42,627 | $166,100 | 13.6% | 31.2% |
Population Overview
Socorro is a small city located in New Mexico, within Socorro County. The total population is 8,481. It ranks as the 29th most populous out of 495 Census-designated places in New Mexico.
Age Demographics
The median age in Socorro is 29.6 years. This is 25% lower than the state median of 39.4 years.
Economy, Income & Housing
The median household income in Socorro is $39,375. This is 39% lower than the state median of $64,059. It is also 51% lower than the national median of $80,734. The poverty rate stands at 32.6%. This is 83% higher than the state poverty rate of 17.8%. 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 2.1%. This is 65% lower than the state rate of 6.0%. The median home value is $152,900. Housing costs are 38% lower than the state median of $248,100. The home-value-to-income ratio is 3.9x. 57.3% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 70.0%.
Race & Ethnicity
The largest racial or ethnic group in Socorro is Hispanic or Latino, making up 48.1% of the population. White (non-Hispanic) residents account for 27.6%. The Black or African American population (0.6%) is well below the state average of 1.8%. The Asian population is significantly higher than the state average (3.2% vs 1.6%).
Education
25.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower than the state rate of 31.0%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.0%.
Data Sources & Methodology
All demographic data for Socorro, New Mexico is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Mexico state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 495 Census-designated places in New Mexico. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Socorro, New Mexico?
Socorro, New Mexico has a population of 8,481 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Socorro, NM?
The median household income in Socorro is $39,375, which is 51% lower than the national median of $80,734.
What is the poverty rate in Socorro, NM?
The poverty rate in Socorro is 32.6%. This means approximately 2,563 residents live below the federal poverty line.
What is the racial makeup of Socorro, New Mexico?
Socorro's population is 27.6% White, 0.6% Black, 48.1% Hispanic/Latino, and 3.2% Asian.
What is the median home value in Socorro, NM?
The median home value in Socorro is $152,900. The home-value-to-income ratio is 3.9x.
How educated is Socorro, New Mexico?
25.1% of adults (25+) in Socorro hold a bachelor's degree or higher, and 12.6% hold a graduate or professional degree.