Socorro County NM Information

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Socorro County Subdivisions

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  1. Socorro County 2019 Demographic Data
  2. Growth Rates forSocorro County (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Mexico Research Tools (Easy Tools & Current Data)
  3. New Mexico Data Comparison Tool - 2019 Demographics

Socorro County NM Data & Demographics (As of July 1, 2019)

POPULATION

Total Population 18,536
Population in Households 17,953
Population in Familes 13,729
Population in Group Qrtrs 583
Population Density 3
Diversity Index1 74
 

INCOME

Median Household Income $32,468
Average Household Income $48,224
Per Capita Income $19,157
Wealth Index3 43

HOUSING

Total Housing Units 8,444 (100%)
Owner Occupied HU 5,221 (61.8%)
Renter Occupied HU 2,118 (25.1%)
Vacant Housing Units 1,105 (13.1%)
Median Home Value $114,082
Housing Affordability Index2 142
 

HOUSEHOLDS

Total Households 7,339
Average Household Size 2.45
Family Households 4,405
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.4% 0.17%
Households 0.49% 0.23%
Families 0.14% -0.07%
Median Household Income   1.09%
Per Capita Income   1.34%

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Socorro County NM - Peer Comparisons by Rank and Percentile

The table below compares Socorro County to the other 33 counties and county equivalents in New Mexico by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 21 39th
Population Density # 25 27th
Diversity Index # 11 70th
Median Household Income # 26 24th
Per Capita Income # 27 21st

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.

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New Mexico Census Data Comparison Tool

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