How many renters in Socorro, NM pay more than 30% of their income on rent?

Name: Rent burden in Socorro, NM, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

57.2% (±15.6 points) of renting households in Socorro, NM spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

40.9% spend 35% or more.

The median renting household spends 32.2% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 57.2% (±15.6 points)
Paying 35% or more: 40.9% (±12.4 points)
Median share of income: 32.2% (±4.4 points)

Rent as a share of income in Socorro

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Socorro	Socorro County	New Mexico	United States
Less than 15%	5.3% (±3.7 points)	5.6%	14.3%	12.6%
15% to 19.9%	10.9% (±8.8 points)	9.2%	12.5%	12.2%
20% to 24.9%	17.8% (±15.0 points)	15.0%	11.5%	12.6%
25% to 29.9%	8.8% (±6.9 points)	7.4%	11.5%	11.5%
30% to 34.9%	16.3% (±9.4 points)	16.8%	8.5%	9.2%
35% or more	40.9% (±12.4 points)	45.9%	41.7%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Socorro against Socorro County, its state and the nation

Estimate (90% margin of error)
	Socorro	Socorro County	New Mexico	United States
Paying 30% or more	57.2% (±15.6 points)	62.7% (±14.1 points)	50.2% (±1.1 points)	51.1%
Paying 35% or more	40.9% (±12.4 points)	45.9% (±11.1 points)	41.7% (±0.9 points)	41.9%
Median share of income	32.2% (±4.4 points)	33.8% (±3.8 points)	30.1% (±0.5 points)	30.6%
Median renter household income	$17,733 (±$5,817)	$19,738 (±$8,917)	$40,497 (±$955)	$52,966
Median gross rent	$711 (±$214)	$691 (±$171)	$1,067 (±$11)	$1,413

In Socorro, the share of renters paying 30% or more of income is not measurably different from Socorro County (62.7%).

It is not measurably different from New Mexico (50.2%).

It is not measurably different from the national figure (51.1%).

In Socorro County, Socorro ranks 3 of 3 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 61 of 189.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Socorro

Nearest places with a published estimate, compared with Socorro
Place	Distance	Renters paying 30% or more of income	Compared with this place
Socorro	—	57.2% (±15.6 points)	—
Polvadera	10 mi	100.0% (±81.0 points)	Not measurably different
Magdalena	19 mi	100.0% (±70.0 points)	Not measurably different
Jarales	40 mi	45.1% (±68.0 points)	Not measurably different
Rio Communities	42 mi	54.8% (±29.3 points)	Not measurably different
Los Chaves	48 mi	65.5% (±30.1 points)	Not measurably different
Tome	48 mi	67.6% (±57.8 points)	Not measurably different
Las Maravillas	49 mi	43.3% (±74.4 points)	Not measurably different
Belen	50 mi	59.3% (±24.1 points)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Socorro County, place by place

Rank	Place	Renters paying 30% or more of income
1 (tie)	Magdalena	100.0% (±70.0 points)
1 (tie)	Polvadera	100.0% (±81.0 points)
3	Socorro	57.2% (±15.6 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Socorro

Are renters in Socorro rent-burdened?

57.2% of renting households in Socorro pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Socorro spend on rent?

The median renting household in Socorro, NM spends 32.2% (±4.4 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Socorro city, New Mexico (place:73540, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.