Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Located in the state of Texas, Socorro is a mid-sized city with a population of 34,329 inhabitants. According to the most recent Census, 66% of Socorro residents are White, 2% American Indian and Alaskan and 0% Black. Additionally, more than a quarter of the population of Socorro are of Hispanic or Latino origin, and 88% of the population also speak Spanish. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Socorro, your commute times will be about average, with a one way commute time of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Socorro could be a positive experience compared to other cities in Texas if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, crime, commute, health & safety, housing and other key data points, finding the best places to live in Socorro and in the areas around Socorro is a much easier task.
Socorro, TX receives 61/100 for its livability score; this results in a ranking of #917 in Texas and #15,602 in the USA. If we consider each of the categories individually, we see that Socorro ranks well for crime (A) and housing (A-). Socorro does not score well for the following: amenities (F), education (F) and employment (F). It might be wise to take a closer look at each category to find out why.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Socorro market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Socorro real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Socorro. Median real estate prices in Socorro come in at $99,100, which is 30.6% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Socorro, the home price to income ratio is 2.5, which is 3.8% lower than the Texas average.
| Statistic | Socorro | Texas | National |
| Average one way commute | 26min | 26min | 26min |
| Workers who drive to work | 78.2% | 80.3% | 76.4% |
| Workers who carpool | 12.7% | 10.6% | 9.3% |
| Workers who take public transit | 1.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.6% | 1.6% | 2.8% |
| Working from home | 5.1% | 4.3% | 4.6% |
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