Pros and Cons of Living In Socorro, Texas. Is Socorro, TX a Nice Place To Live or Retire?

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Socorro, Texas

Moving to Socorro In Texas ? Is Socorro, TX a Nice Place To Live? Pros and Cons of Living in Socorro, Texas. Find out the best and worst about to live, raise a family or retire in Socorro.

Socorro is a city in El Paso County, Texas, United States. It is located on the north bank of the Rio Grande southeast of El Paso, and on the border of Mexico. El Paso adjoins it on the west and the smaller city of San Elizario on the southeast; small unincorporated areas of El Paso County separate it from the nearby municipalities of Horizon City to the north and Clint to the east. As of the 2020 census, the city population was 34,306. By the 2010 census, the number had grown to 32,013. As of July 1, 2019, the population estimate for the city from the U.S. Census was 34,370. It is part of the El Paso Metropolitan Statistical Area. The city is El Paso County's second-largest municipality, after El Paso. It has a council-manager type of government...

DEMOGRAPHICS

Population
34329
Unemployment
5.6%
19% NAT AVG.
Poverty
23.9%
71% NAT AVG.
Cost Of Living
86
14% NAT AVG.

ECONOMICS

Median Home Cost
$99100
57% NAT AVG.
Median Income
$40065
41% NAT AVG.
Median Rent
$725
38% NAT AVG.
Overall Score
4

CRIME REPORT

Total Crime
265
67% NAT. AVG.
72% STATE AVG.
Violent Crime
48
64% NAT. AVG.
69% STATE AVG.
Property Crime
217
68% NAT. AVG.
72% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 18
People Earning < $10,000
1 in 8
People Earning < $50,000
62%
People With Any Degree
1 in 5.6

ETHNICITY

Ethnicity Socorro USA
White 2.3% 60.1%
African American 0% 12.2%
American Indian 0.8% 0.6%
Asian 0.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.1% 2.8%
Hispanic 96.6% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Socorro USA
Less than $10,000 11.8% 5.8%
$10,000 to $14,999 6.6% 4.1%
$15,000 to $24,999 13.1% 8.5%
$25,000 to $34,999 12% 8.6%
$35,000 to $49,999 18.5% 12.0%
$50,000 to $74,999 15.9% 17.2%
$75,000 to $99,999 12% 12.8%
$100,000 to $149,999 6.8% 15.6%
$150,000 to $199,999 2.7% 7.1%

EDUCATION

Education Socorro USA
< 9th Grade 22% 5.0%
9-12th Grade 15% 7.0%
High School or GED 29% 27.0%
Other College 16% 20.0%
Associate's Degree 11% 9%
Bachelor's Degree 6% 20.0%
Master's Degree 1% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
Socorro is a city in Texas state in USA with a population of 34329 residents.. The poverty rate of Socorro is 23.9%, which is 71% higher than national average. The typical household in Socorro earns $40065 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Socorro remained 5.6%, which is 19% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Socorro is 86, which is 14% lower than national average. In Socorro, only 7% of adults have a bachelor's degree and 27% have some college but no degree. Median home value in Socorro is $99100 , which is 57% lower than national average. While median income in Socorro remained $40065, which is 41% lower than national average.
Socorro Scorecard

Jobs50%

Housing50%

Affordability70%

Safety85%

Amenities85%

Diversity30%

Education30%

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