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NM area data

Socorro, NM

Socorro, NM.

Population: 9,291 (Census ACS)

Home values & appreciation

Median home value
$200,960
1-year appreciation
+2.6%
3-year appreciation
-0.5%
5-year appreciation
+9.1%
10-year appreciation
+20.3%
All-time peak (2026-04)
$203,651
House Price Index
406.5 (+0.8% YoY)

Market activity

New listings (monthly)
9

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
15.1¢/kWh
Natural gas rate (state-level)
$9.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
2
Middle schools
1
High schools
1
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, drought, hail, inlandFlooding, winterWeather

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
79.0°F
Average low
39.0°F
Annual precipitation
10.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
14
Days with Good air quality
117

Amenities

National parks within ~60 mi
2
Nearest national park
El Camino Real de Tierra Adentro National Historic Trail (19 mi)
Nearest airport
Socorro Municipal Airport (ONM) (8 mi)
Hospitals nearby (~15 mi)
1
EV charging stations (within 10 mi)
6
Solar radiation rating
Good (5.5 kWh/m²/day)

Migration

Net migration
-28 tax filers

Housing stock

Median year housing built
1,979
Median annual property tax
$1,475
Households with broadband internet
46.9%

Employment & development

Total county employment
2,887
Average weekly wage
$792
Top industries (by employment)
Professional Services, Finance & Insurance, Construction

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents