In 2017, Socorro, NM had a population of 8.61k people with a median age of 27.6 and a median household income of $33,608. Between 2016 and 2017 the population of Socorro, NM declined from 8,760 to 8,608, a -1.74% decrease and its median household income grew from $33,214 to $33,608, a 1.19% increase.
The population of Socorro, NM is 58.3% Hispanic or Latino, 28.5% White Alone, and 7.42% American Indian & Alaska Native Alone. 41.5% of the people in Socorro, NM speak a non-English language, and 93.7% are U.S. citizens.
The largest universities in Socorro, NM are New Mexico Institute of Mining and Technology (398 degrees awarded in 2016).
The median property value in Socorro, NM is $110,200, and the homeownership rate is 60.1%. Most people in Socorro, NM commute by Drove Alone, and the average commute time is 12.5 minutes. The average car ownership in Socorro, NM is 1 car per household.