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Socorro, NM Area and Community Summary Information


Community Summary

Socorro New Mexico
Community Characteristics
Population 8,588 1,971,127
Population Density 596 16
Educational Climate Index 3
Median Age 32.23 35.31
Median Dwelling Age 26 23
In Current Residence 5+ years 37 % 32 %
Median Home Sale Price
Average household Income $39,259 $53,928
Median Value of Home Equity $128,407 $159,617
Median Mortgage Debt $245,409 $316,591
Total Household Expenditure 72 88
Total Crime Risk 122 113
Weather Risk 5 15
Air Pollution Index 95 91
Median Travel Time to Work 8.74 17.72
     

Population Characteristics

Socorro New Mexico
Population 8,588 1,971,127
Population Density 596 16
     
Male Population 4,428 969,500
Female Population 4,160 1,001,627
     
Population Change Since 1990 6 % 30 %
Population Change Since 2000 -3 % 8 %
     

Age

Socorro New Mexico
Median Age 32.23 35.31
     
Population: Age 0-4 478 136,893
Population: Age 5-9 423 131,862
Population: Age 10-14 499 135,679
Population: Age 15-19 801 145,850
Population: Age 20-24 1,082 149,939
Population: Age 25-29 708 134,401
Population: Age 30-34 468 119,707
Population: Age 35-39 424 119,257
Population: Age 40-44 510 134,437
Population: Age 45-49 562 144,934
Population: Age 50-54 540 140,037
Population: Age 55-59 540 126,338
Population: Age 60-64 403 101,619
Population: Age 65-69 324 75,179
Population: Age 70-74 318 61,079
Population: Age 75-79 207 47,671
Population: Age 80-84 165 34,491
Population: Age 85+ 135 31,754
     

Race Distribution

Socorro New Mexico
Race: White 5,919 1,389,627
Race: American Indian, Eskimo, Aleut 209 189,444
Race: Asian or Pacific Islander 191 24,398
Race: Other 1,805 270,010
Race: Hawaiian / Pacific Islander 6 1,844
Race: Black 66 37,160
     

Hispanic Distribution

Socorro New Mexico
Population: Hispanic 4,356 864,773
Population: Not Hispanic 4,232 1,106,354
     

Education

Socorro New Mexico
Education: Less than 9th Grade 412 90,768
Education: Some High School 743 124,189
Education: High School Graduate 1,437 372,296
Education: Some College 1,014 264,503
Education: Associate Degree 327 92,489
Education: Bachelors Degree 714 183,660
Education: Graduate Degree 655 142,999
     

Marital Status

Socorro New Mexico
Never Married 2,646 429,286
Now Married 2,972 797,581
Separated 284 66,806
Widowed 388 92,254
Divorced 888 180,685
     

Households

Socorro New Mexico
Households 3,476 746,810
Average Household Size
     
Households: Family 2,164 488,358
Households: Non-Family 1,313 258,452
     
Households: With Children 900 250,216
Households: No Children 2,575 496,594
     

Housing Characteristics

Socorro New Mexico
Median Dwelling Age 26 23
Median Home Sale Price
Average household Income $39,259 $53,928
Median Value of Home Equity $128,407 $159,617
Median Mortgage Debt $245,409 $316,591
     

Home Ownership

Socorro New Mexico
Vacant Dwellings 553 114488
Owner-Occupied Dwellings 2072 515748
Renter-Occupied Dwellings 1405 231062
     

Turnover

Socorro New Mexico
In Current Residence 5+ years 37 % 32 %
Annual Residential Turnover 20 % 21 %
     
Median Years in Residence 3.6 3.1
     

Income Characteristics

Socorro New Mexico
Median household income $27,404 $41,851
Average household Income $39,259 $53,928
Per capita income $17,015 $21,189
Median Disposable Income $24,818 $36,392
     

Income Growth

Socorro New Mexico
Change in Avg. Household Income Since 1990 27 % 73 %
Change in Avg. Household Income Since 2000 18 % 22 %
     

Household Income

Socorro New Mexico
Household Income: $0-$10,000 774 79,618
Household Income: $10,000-$15,000 304 45,462
Household Income: $15,000-$20,000 275 49,123
Household Income: $20,000-$25,000 271 50,685
Household Income: $25,000-$30,000 237 49,491
Household Income: $30,000-$35,000 159 43,049
Household Income: $35,000-$40,000 111 40,547
Household Income: $40,000-$45,000 151 41,667
Household Income: $45,000-$50,000 150 35,630
Household Income: $50,000-$60,000 272 67,508
Household Income: $60,000-$75,000 206 70,185
Household Income: $75,000-$100,000 191 76,184
Household Income: $100,000-$125,000 180 41,012
Household Income: $125,000-$150,000 112 20,842
Household Income: $150,000-$200,000 48 17,471
Household Income: $200,000-$250,000 5 5,311
Household Income: $250,000-$500,000 2 5,791
Household Income: $500,000+ 28 7,234
     

Median Income

Socorro New Mexico
Median Income: Age < 25 $15,272 $26,520
Median Income: Age 25-34 $21,434 $38,211
Median Income: Age 35-44 $37,614 $45,708
Median Income: Age 45-54 $37,212 $50,459
Median Income: Age 55-64 $33,095 $46,447
Median Income: Age 65-74 $31,711 $37,423
Median Income: Age 75+ $22,583 $31,728
     

Cost of Living Index

Socorro New Mexico
Total Household Expenditure 72 88
Contributions 65 84
Personal Insurance 66 84
Apparel 72 88
Education 69 83
Entertainment 71 88
Food And Beverages 75 90
Health Care 77 91
Household Furnishings And Equipment 68 86
Shelter 72 88
Household Operations 67 85
Miscellaneous Expenses 75 90
Personal Care 73 88
Reading 72 88
Tobacco 83 95
Transportation 72 89
Utilities 77 91
Gifts 67 85
     
Sales Tax Rate 7 %
     

Financial Characteristics

Socorro New Mexico
Median Household Net Worth $77,987 $121,573
Average Household Net Worth $318,833 $419,085
Median Value of Home Equity $128,407 $159,617
Median Mortgage Debt $245,409 $316,591
     

Net Worth

Socorro New Mexico
Net Worth: $0 or Less 491 89,824
Net Worth: $1-$5,000 552 103,327
Net Worth: $5,000-$10,000 249 52,443
Net Worth: $10,000-$25,000 417 90,602
Net Worth: $25,000-$50,000 438 97,896
Net Worth: $50,000-$100,000 537 121,272
Net Worth: $100,000-$250,000 606 141,118
Net Worth: $250,000-$500,000 225 54,648
Net Worth: Greater Than $500,000 116 28,649
     

Investments and Debt

Socorro New Mexico
Median Value of Transaction Accounts $17,876 $23,095
Median Value of Certificates of Deposit $5,461 $6,465
Median Value of Savings Bonds $801 $976
Median Value of Bonds (Not US Savings) $6,402 $9,234
Median Value of Stocks $22,049 $30,697
Median Value of Mutual Funds $18,818 $25,654
Median Value of Retirement Accounts $43,212 $56,918
Median Value of Cash Value Life Ins $4,182 $5,284
Median Value of Other Managed Accounts $10,554 $13,824
Median Value of Other Financial Assets $2,908 $3,805
Median Value of Any Financial Assets $132,263 $175,952
Median Value of Vehicles Owned $13,713 $16,283
Median Value of Investment Property Equity $24,265 $32,288
Median Value of Business Equity $16,802 $22,351
Median Value of Other Non-Financial Assets $58,779 $81,438
Median Value of Any Non-Financial Assets $3,443 $4,612
Median Installment Loan Debt $43,759 $55,115
Median Lines of Credit Debt $4,582 $6,297
Median Credit Card Debt $408 $532
Median Investment Real Estate Debt $7,183 $8,106
Median Other Debt $10,581 $13,227
Median Total Debts $107,498 $145,204
     

Occupation

Socorro New Mexico
     
Occupations: White Collar 3,219 592,217
Occupations: Blue Collar 817 181,052
     
Business Counts: Professional Specialty Occupations 862 126,023
Business Counts: Sales Professionals 46 17,436
Business Counts: Technologies and Technicians 155 26,482
Business Counts: Sales Workers and Clerks 229 71,243
Business Counts: Administrative Support 653 135,257
Business Counts: Technical, Sales and Administrative: Field Occupations 9 1,576
Business Counts: Private Household 0 13
Business Counts: Protective Services 66 13,419
Business Counts: Other Services: Site Based 665 113,836
Business Counts: Other Services: Field Based 80 4,300
Business Counts: Farming, Forestry, and Fishing 74 23,780
Business Counts: Precision, Craft, and Repair: Site Based 343 67,406
Business Counts: Construction, Repair and Mining: Field Based 97 29,226
Business Counts: Machine Operators, Assemblers and Inspectors 48 13,525
Business Counts: Transportation Materials Moving Workers 153 23,129
Business Counts: Handlers, Helpers and Laborers 102 23,986
     
Employees: Agricultural, Forestry, Fishing 15 9,709
Employees: Mining 5 11,024
Employees: Construction 45 43,500
Employees: Manufacturing 92 37,349
Employees: Transportation and Communications 118 30,331
Employees: Wholesale Trade 25 26,942
Employees: Retail Trade 670 169,370
Employees: Finance, Insurance and Real Estate 135 43,586
Employees: Services 2,432 320,822
Employees: Public Administration 502 80,724
     

Transportation & Commute

Socorro New Mexico
Median Travel Time to Work 8.74 17.72
Transportation to Work: Public 0 % 1 %
Transportation to Work: Drive / Carpool 81 % 91 %
Transportation to Work: Walk / Bike / Other 15 % 4 %
Transportation to Work: Work at Home 4 % 4 %
     

Crime Risk

Socorro New Mexico
Total Crime Risk 122 113
     
Personal Crime Risk 191 134
Murder Risk 145 104
Rape Risk 50 151
Robbery Risk 22 70
Assault Risk 482 162
     
Property Crime Risk 86 110
Burglary Risk 152 132
Larceny Risk 91 107
Motor Vehicle Theft Risk 29 84
     

Temperature & Rain

Socorro New Mexico
Average January High Temperature 53.3 49.12
Average January Low Temperature 21.3 19.71
Average July High Temperature 93.6 88.65
Average July Low Temperature 60.1 58.05
     
Annual Precipitation 10.22 14.67
     

Weather Risk Index

Socorro New Mexico
Weather Risk 5 15
Earthquake Risk 119 91
Hail Index 1 9
Hurricane Index 11 4
Tornado Index 0 33
Wind Index 0 3
     

Environmental Quality Index

Socorro New Mexico
Air Pollution Index 95 91
Ozone Index 97 97
Carbon Monoxide Index 76 81
Lead Index 104 90
NO2 Index 94 93
Particulate Matter Index 106 96
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
87801
$28,288
Median Value of Home Equity
Zip
1
87801
$132,158
Fastest Growing (change since 2000)
Zip
1
87801
-3 %
Longest Commute
Zip
1
87801
9.64
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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