Socorro, New Mexico Population

Socorro, New Mexico has a population of 8,841, with a median household income of $44,114.

Current population data for Socorro.

8,841

👥

Population

8,841

💰

Median Income

$44,114

📉

Unemployment

6.50%

🏠

Housing Price

$141,114

🚨

Crime Rate

0.60

🌐

Internet Speed

139.80 Mbps

Socorro is a small local community located in New Mexico. The city has a population that is above the average city population in New Mexico, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Socorro, located in New Mexico, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Socorro has a population of 8,841, which is higher than the state average. This indicates a relatively larger urban presence within New Mexico.

Income and Economy

The median household income in Socorro is $44,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Socorro is about $141,114, making it relatively affordable compared to many cities in New Mexico.

Employment and Safety

The unemployment rate in Socorro is 6.50%, which is lower than the state average, indicating a relatively strong job market. Socorro has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Mexico, Socorro shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Socorro offers a balanced mix of economic conditions, population trends, and housing opportunities within New Mexico.

Frequently Asked Questions about Socorro

What is the population of Socorro?

The population of Socorro is approximately 8,841.

Is Socorro a good place to live?

Socorro offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Socorro?

The median household income in Socorro is around $44,114.

How expensive is housing in Socorro?

The average housing price in Socorro is approximately $141,114.