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Socorro New Mexico Real Estate By Jennifer Hershey

Socorro New Mexico Real Estate

Socorro, New Mexico, is located in Socorro County, 74 miles S of Albuquerque, New Mexico and 159 miles N of El Paso, Texas. Socorro has a population of 8,877.

Socorro Homes

Socorro properties pool is 3,467 residential properties including Socorro new homes. Median age of real estate in Socorro is 1974. Average Household size is 3.02 people. 6% are one bedroom homes, 24% are 2 bedroom homes, 55% are 3 bedroom homes, 15% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Socorro Mortgage Statistics

Socorro mortgages vs. USA median statistics

Homes Socorro USA
Homes With No Mortgage 43%
30%
Homes With Mortgage 57%
70%
First Mortgage Only 44%
54%
First & Second Mortgage or HELOC 13%
16%

Socorro Area Real Estate Tax

Socorro Real estate Tax: Median Real Estate Taxes (2000) were $502 comparing to 1999 Median Family income $ 33,013. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Socorro School District: Children make up 25.4% of Socorro population. Socorro has 2,255 under 18 years old residents, or 0.58 kids per one worker, or 0.65 kids per one household.

Socorro Real Estate & Socorro Homeownership

There are 1005.43 or 29% one person households, 1144.11 or 33% two person households, and 554.72 or 16% three person households in Socorro, New Mexico. Median residents age is 31.1, Senior citizens (65+) make up 1,031 or 11.6%% of Socorro population.

There are 3,875 workers (over 16 years of age) in Socorro. Of these, 80.34% drive to work. Approximately 0% of workers in Socorro take public transportation. An estimated 11.3% walk to work.

Median Socorro homeowner's housing expences are 17.6%

Crime in Socorro (2003), crimes per 10,000 residents per year

Type of Crime Socorro USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Socorro Properties

When making a decision about buying real estate in Socorro New Mexico area, you should consider following statistical data:

Category Socorro USA
Near Medium City
Albuquerque, New Mexico
-
Near Large City
El Paso, Texas
-
Socorro Zip Codes
87801
-
Socorro Area Codes
505
-
White population
66.16%
75.1%
African-American population
0.74%
12.3%
Asian
2.24%
3.6%
American Indian & Alaskan
2.77%
0.9%
Hispanic (of any race)
54.5%
12.5%
Median Family Income (1999)
$ 33,013%
$42,000
Population Below Poverty Level
30.75%
12.4%

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