Cost of Living in Socorro, TX
Population: 36,237 • 2026 Data
$52,100
Median Household Income
-33% vs national
$1,036
Median Monthly Rent
-23% vs national
$131,200
Median Home Value
-61% vs national
5.3%
Unemployment Rate
Housing in Socorro
The median home value in Socorro, TX is $131,200. Monthly rent for a typical unit averages $1,036, while total monthly housing costs (including utilities and insurance) average $753.
Rent-to-income ratio: 23.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Socorro, TX is $52,100. The unemployment rate stands at 5.3%, with a labor force of 16,889 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.