Cost of Living in Socorro County, NM
What does it cost to live in Socorro County? Income, housing, and affordability breakdown.
Median Income
$40,699
Median Rent
$702/mo
Median Home
$132,700
Affordability
438
Housing Cost Breakdown
Owning (20% down, 6.5%)
Renting
Living in Socorro County, New Mexico
Socorro County has a median household income of $40,699 with housing costs that represent 22.8% of income for owners and 20.7% for renters. Housing costs are within the recommended 30% of income threshold.
The affordability index of 438 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.
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