Socorro, NM

Census Place

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2023 Population

8,540

0.755% 1-year decline

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2023 Median Age

36.4

0% 1-year change

2023 Poverty Rate

24.9%

10.8% 1-year increase

2023 Median Household Income

$51,343

20.5% 1-year growth

2023 Median Property Value

$162,400

8.85% 1-year growth

2023 Employed Population

3,556

11.3% 1-year growth

About

In 2023, Socorro, NM had a population of 8.54k people with a median age of 36.4 and a median household income of $51,343. Between 2022 and 2023 the population of Socorro, NM declined from 8,605 to 8,540, a −0.755% decrease and its median household income grew from $42,622 to $51,343, a 20.5% increase.

The 5 largest ethnic groups in Socorro, NM are White (Non-Hispanic) (34.6%), Two+ (Hispanic) (24.6%), White (Hispanic) (17.8%), Other (Hispanic) (9.04%), and American Indian & Alaska Native (Non-Hispanic) (5.23%).

None of the households in Socorro, NM reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

95.1% of the residents in Socorro, NM are U.S. citizens.

The largest universities in Socorro, NM are New Mexico Institute of Mining and Technology (310 degrees awarded in 2022).

In 2023, the median property value in Socorro, NM was $162,400, and the homeownership rate was 60%.

Most people in Socorro, NM drove alone to work, and the average commute time was 11 minutes. The average car ownership in Socorro, NM was 3 cars per household.

United States New Mexico Socorro County, NM Southwest New Mexico PUMA, NM

Population & Diversity

Socorro, NM is home to a population of 8.54k people, from which 95.1% are citizens. As of 2023, 7.83% of Socorro, NM residents were born outside of the country (669 people).

In 2023, there were 1.41 times more White (Non-Hispanic) residents (2.96k people) in Socorro, NM than any other race or ethnicity. There were 2.1k Two+ (Hispanic) and 1.52k White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.1%

2023 Citizenship

94.3%

2022 Citizenship

As of 2023, 95.1% of Socorro, NM residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Socorro, NM was 94.3%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Socorro, NM compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Socorro, NM

White (Non-Hispanic)
2.96k ± 404
Two+ (Hispanic)
2.1k ± 574
White (Hispanic)
1.52k ± 448

51.4%

Hispanic Population

4.39k people

51.4% of the people in Socorro, NM are hispanic (4.39k people).

The following chart shows the 7 races represented in Socorro, NM as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Mexico.

Most Common Origin

Mexico
128,832 ± 8,539 people
Philippines
5,882 ± 1,880 people
Germany
4,070 ± 1,565 people

In 2022, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 128,832 New Mexico residents, followed by Philippines with 5,882 and Germany with 4,070.

Foreign-Born Population

7.83%

2023 Foreign-Born Population

669 people

8.3%

2022 Foreign-Born Population

714 people

As of 2023, 7.83% of Socorro, NM residents (669 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Socorro, NM was 8.3%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Socorro, NM compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
162 ± 90
Gulf War (2001-)
58 ± 44
Gulf War (1990s)
42 ± 59

Socorro, NM has a large population of military personnel who served in Vietnam, 2.79 times greater than any other conflict.

Economy

The economy of Socorro, NM employs 3.56k people. The largest industries in Socorro, NM are Educational Services (1,167 people), Retail Trade (523 people), and Professional, Scientific, & Technical Services (517 people), and the highest paying industries are Transportation & Warehousing ($83,450), Transportation & Warehousing, & Utilities ($83,150), and Professional, Scientific, & Technical Services ($72,854).

Males in New Mexico have an average income that is 1.26 times higher than the average income of females, which is $53,740. The income inequality in New Mexico (measured using the Gini index) is 0.462, which is lower than than the national average.

Employment

Occupations

3.56k

2023 Value

± 561

11.3%

1 Year growth

± 19.7%

From 2022 to 2023, employment in Socorro, NM grew at a rate of 11.3%, from 3.2k employees to 3.56k employees.

The most common job groups, by number of people living in Socorro, NM, are Education Instruction, & Library Occupations (669 people), Life, Physical, & Social Science Occupations (371 people), and Sales & Related Occupations (296 people). This chart illustrates the share breakdown of the primary jobs held by residents of Socorro, NM.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New Mexico (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

3.56k

2023 Value

± 561

11.3%

1 Year growth

± 19.7%

From 2022 to 2023, employment in Socorro, NM grew at a rate of 11.3%, from 3.2k employees to 3.56k employees.

The most common employment sectors for those who live in Socorro, NM, are Educational Services (1,167 people), Retail Trade (523 people), and Professional, Scientific, & Technical Services (517 people). This chart shows the share breakdown of the primary industries for residents of Socorro, NM, though some of these residents may live in Socorro, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$31,108

Median earning men ± $8,321

$32,385

Median earning women ± $6,729

The industries with the best median earnings for men in 2023 are Transportation & Warehousing, & Utilities ($83,900), Professional, Scientific, & Management, & Administrative & Waste Management Services ($73,868), and Public Administration ($70,152).

The industries with the best median earnings for women in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($46,369), Finance & Insurance, & Real Estate & Rental & Leasing ($39,459), and Public Administration ($32,442).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Mexico.

Y-Axis

2.72%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 860k people employed in New Mexico. This represents a 2.72% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in New Mexico.

Education

In 2022, universities in Socorro, NM awarded 310 degrees. The student population of Socorro, NM in 2022 is skewed towards men, with 1,116 male students and 573 female students.

Most students graduating from Universities in Socorro, NM are White (146 and 50.7%), followed by Hispanic or Latino (108 and 37.5%), Asian (11 and 3.82%), and Black or African American (8 and 2.78%).

The largest universities in Socorro, NM by number of degrees awarded are New Mexico Institute of Mining and Technology (310 and 100%).

The most popular majors in Socorro, NM are Mechanical Engineering (61 and 19.7%), Computer Science (37 and 11.9%), and Electrical & Electronics Engineering (22 and 7.1%).

The median tuition cost in Socorro, NM for a public four year colleges is $7,664 for in-state students and $24,918 for out-of-state students.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2022 in Socorro, NM, the percentage of applicants admitted was 74.4%, while the percentage of admitted who enrolled was 33.1%. The number of students enrolled in 2022 was 1,689 (66.1% men and 33.9% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2022 there were 1,689 students enrolled in Socorro, NM, 66.1% men and 33.9% women.

By race, the largest number of students enrolled was concentrated in White with 789 records, of which 31.3% were women and 68.7% men.

Completions

Concentrations

Most Common

Mechanical Engineering
47 degrees awarded
Computer Science
26 degrees awarded
Chemical Engineering
21 degrees awarded

In 2022, the most common concentation for Bachelors Degree recipients in Socorro, NM was Mechanical Engineering with 47 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Socorro, NM according to their major.

Universities

Gender

Race

New Mexico Institute of Mining and Technology

Largest Universities by degrees awarded

310 degrees awarded

In 2022, the institution with the largest number of graduating students was New Mexico Institute of Mining and Technology with 310 degrees awarded.

Student Diversity

University

In 2022, 212 men were awarded degrees from institutions in Socorro, NM, which is 2.16 times more than the 98 female students who received degrees in the same year.

In 2022 the most common race/ethnicity group awarded degrees at institutions was White students. These 146 degrees mean that there were 1.35 times more degrees awarded to White students then the next closest race/ethnicity group, Hispanic or Latino, with 108 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Public, 4-year or above ($7,664) is the sector with the highest median state tuition in 2022.

Public, 4-year or above ($1,394) is the sector with the highest median state fee in 2022.

Public, 4-year or above ($800) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Mexico.

Measure

In 2022, 1.05% of men over 25 years of age had not completed any academic degree (no schooling), while 0.86% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Mexico.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (454k), Some college (398k), and Secondary Education (257k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Socorro, NM was $162,400 in 2023, which is 0.535 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $149,200 to $162,400, a 8.85% increase. The homeownership rate in Socorro, NM is 60%, which is approximately the same as the national average of 65%.

People in Socorro, NM have an average commute time of 11 minutes, and they drove alone to work. Car ownership in Socorro, NM is higher than the national average, with an average of 3 cars per household.

Median household income in Socorro, NM is $51,343. In 2023, the place with the highest median household income in Socorro, NM was Census Tract 9783.01 with a value of $59,575, followed by Census Tract 9783.03 and Census Tract 9783.02, with respective values of $47,112 and $46,250.

Housing

Property

$162,400

Median Property Value 2023

±$19,240

$1,610

Median Property Taxes

±$271

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Socorro, NM the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Socorro, NM compared to it's parent and neighbor geographies.

Rent vs Own

60%

Homeownership

2023

66.7%

Homeowners with Mortgage

2023

In 2023, 60% of the housing units in Socorro, NM were occupied by their owner. This percentage declined from the previous year's rate of 62%.

This chart shows the percentage of owner in Socorro, NM compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 9783.01
Census Tract 9783.03
Census Tract 9783.02

In 2023, the place with the highest Median Household Income (Total) in Socorro, NM was Census Tract 9783.01 with a value of $59,575, followed by Census Tract 9783.03 and Census Tract 9783.02, with respective values of $47,112 and $46,250.

The following map shows all of the places in Socorro, NM colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$51,343

Median Household Income

± $8,296

2.68k

Number of Households

± 381

In 2023, the median household income of the 2.68k households in Socorro, NM grew to $51,343 from the previous year's value of $42,622.

The following chart displays the households in Socorro, NM distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $10k - $15k range.

Wage Distribution

The closest comparable wage GINI for Socorro, NM is from New Mexico.

0.462

2022 Wage GINI in New Mexico

0.46

2021 Wage GINI in New Mexico

In 2022, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.44% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.478. In other words, wages are distributed more evenly in New Mexico in comparison to the national average.

This chart shows the number of workers in New Mexico across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (70.6%)
Walked (12.2%)
Worked At Home (6.93%)

In 2023, 70.6% of workers in Socorro, NM drove alone to work, followed by those who walked to work (12.2%) and those who worked at home (6.93%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

11 minutes

Average Travel Time

Using averages, employees in Socorro, NM have a shorter commute time (11 minutes) than the normal US worker (26.6 minutes). Additionally, 0.876% of the workforce in Socorro, NM have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Socorro, NM compares to that of it's neighboring and parent geographies.

Car Ownership

3 cars

Average Number

The following chart displays the households in Socorro, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Socorro, NM have 3 cars.

Poverty

Poverty & Diversity

24.9% of the population for whom poverty status is determined in Socorro, NM (1.98k out of 7.94k people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Males 18 - 24, followed by Females 18 - 24 and then Males 12 - 14.

The most common racial or ethnic group living below the poverty line in Socorro, NM is Hispanic, followed by White and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

94.5% of the population of Socorro, NM has health coverage, with 37.8% on employee plans, 35.3% on Medicaid, 8.1% on Medicare, 10.7% on non-group plans, and 2.61% on military or VA plans.

Primary care physicians in Socorro County, NM see 2363 patients per year on average, which represents a 13.6% increase from the previous year (2080 patients). Compare this to dentists who see 2039 patients per year, and mental health providers who see 544 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Socorro County, NM.

2,363 to 1

Patient to Primary Care Physician Ratio in Socorro County, NM

Primary care physicians in Socorro County, NM see an average of 2,363 patients per year. This represents a 13.6% increase from the previous year (2,080 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Socorro County, NM in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 21.6% under 18 years, 26.7% between 18 and 34 years, 34.3% between 35 and 64 years, and 17.5% over 64 years.

By gender, of the total number of insured persons, 50.6% were men and 49.4% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

5.47%

Uninsured

37.8%

Employer Coverage

35.3%

Medicaid

8.1%

Medicare

10.7%

Non-Group

2.61%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Socorro, NM grew by 50.8% from 3.62% to 5.47%.

The following chart shows how the percent of uninsured individuals in Socorro, NM changed over time compared with the percent of individuals enrolled in various types of health insurance.

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