Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

106 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,034

Average Rent as Percentage of Gross Income

Median rent for 2018: $602

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $8,461
--Home Prepared Food $4,768
--Restaurant/Takeaway Food $3,694
Alcoholic Beverages $621
Housing $21,447
--Rent/Mortgage/Upkeep/Taxes $12,541
--Utilities $4,323
--Operations $1,628
--Supplies $797
--Furnishings $2,166
Apparel $1,989
--Men & Boys $445
--Women & Girls $806
--Children < 2 $8
--Footwear $420
Transportation $10,417
--New Vehicles $1,947
--Used Vehicles $2,224
--Fuel $2,250
--Insurance $1,041
--Public Transit $873
Healthcare $5,305
Entertainment $3,442
--Pets $705
--Toys $168
Personal Care Products $823
Books & Literature $118
Education $1,503
Tobacco Products $369
Miscellaneous $1,058
Retirement $2,015
Non-health Insurance $7,790
Total Expenditures $65,358

Selected Population Data

Period Geography Population
2014 Socorro city, New Mexico 8,898
2015 Socorro city, New Mexico 8,843
2016 Socorro city, New Mexico 8,760
2017 Socorro city, New Mexico 8,608
2018 Socorro city, New Mexico 8,554