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 5 largest ethnic groups in Socorro, NM are White (Hispanic) (51%), White (Non-Hispanic) (28.5%), American Indian & Alaska Native (Non-Hispanic) (7.42%), Some Other Race (Hispanic) (6.35%), and Asian (Non-Hispanic) (3.24%). N/A% 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 (408 degrees awarded in 2017).
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.