How much are property taxes in Socorro, TX?
Homeowners in Socorro, TX pay a median of $3,157 (±$297) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $4,294.
Homes without a mortgage pay a median of $2,374.
That is about 2.2% of the median home value of $144,500.
In Socorro, the median real estate tax went from $1,880 in 2015–2019 to $3,157 in 2020–2024 (+67.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median real estate taxes
- $3,157 (±$297)
- With a mortgage
- $4,294
- Without a mortgage
- $2,374
- Share of median value
- 2.2%
Real estate taxes in Socorro against El Paso County, its state and the nation
| Socorro | El Paso County | Texas | United States | |
|---|---|---|---|---|
| Median real estate taxes | $3,157 (±$297) | $3,660 (±$57) | $4,232 (±$19) | $3,119 |
| Homes with a mortgage | $4,294 (±$348) | $4,448 (±$92) | $5,327 (±$27) | $3,489 |
| Homes without a mortgage | $2,374 (±$368) | $2,808 (±$84) | $2,847 (±$18) | $2,576 |
| Median home value | $144,500 (±$8,991) | $180,400 (±$2,408) | $283,800 (±$738) | $332,700 |
In Socorro, the median real estate tax is lower than in El Paso County ($3,660).
It is also lower than in Texas ($4,232).
It is not measurably different from the national figure ($3,119).
In El Paso County, Socorro ranks 5 of 14 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 459 of 1,338.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Socorro
The median tax ($3,157) is 2.2% of the median home value ($144,500).
Across El Paso County the same ratio is 2.0%.
Across Texas it is 1.5%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Socorro have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $1,880 (±$179) | $3,157 (±$297) | +67.9% | Up after inflation |
| Median home value | $93,200 (±$4,492) | $144,500 (±$8,991) | +55.0% | Up after inflation |
| Median owner cost with a mortgage | $1,122 (±$86) | $1,469 (±$83) | +30.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Socorro
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Socorro | — | $3,157 (±$297) | — |
| Clint | 3.7 mi | $4,167 (±$751) | Higher |
| San Elizario | 4.2 mi | $1,769 (±$397) | Lower |
| Horizon City | 4.8 mi | $4,399 (±$256) | Higher |
| Agua Dulce (community) | 7.2 mi | $2,218 (±$536) | Lower |
| Fabens | 11 mi | $1,376 (±$280) | Lower |
| Homestead Meadows South | 13 mi | $2,131 (±$500) | Lower |
| Homestead Meadows North | 15 mi | $2,053 (±$1,221) | Not measurably different |
| Tornillo | 17 mi | $1,067 (±$397) | Lower |
Nearby places with a measurably lower figure: San Elizario, TX ($1,769), Agua Dulce (community), TX ($2,218), Fabens, TX ($1,376).
Nearby places with a measurably higher figure: Clint, TX ($4,167), Horizon City, TX ($4,399).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across El Paso County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Horizon City | $4,399 (±$256) |
| 2 | Clint | $4,167 (±$751) |
| 3 | El Paso | $3,760 (±$61) |
| 4 | Anthony | $3,472 (±$390) |
| 5 | Socorro | $3,157 (±$297) |
| 6 | Canutillo | $2,598 (±$1,042) |
| 7 | Agua Dulce (community) | $2,218 (±$536) |
| 8 | Homestead Meadows South | $2,131 (±$500) |
| 9 | Homestead Meadows North | $2,053 (±$1,221) |
| 10 | San Elizario | $1,769 (±$397) |
| 11 | Westway | $1,403 (±$982) |
Showing 11 of 14 places in El Paso County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Socorro
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Socorro beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Socorro, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Socorro, and send estimates and invoices from your phone.
Questions about Socorro
How much are property taxes in Socorro?
The median real estate tax paid by homeowners in Socorro, TX is $3,157 (±$297) a year (2020–2024 American Community Survey).
What is the property tax rate in Socorro?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.2% of the median home value in Socorro, and the actual rate is set by the town, county and school district.
Have property taxes in Socorro gone up?
In Socorro, the median real estate tax went from $1,880 in 2015–2019 to $3,157 in 2020–2024 (+67.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Are property taxes in Socorro higher than in El Paso County?
In Socorro, the median real estate tax is lower than in El Paso County ($3,660).
It is also lower than in Texas ($4,232).
It is not measurably different from the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Socorro city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Socorro city, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Socorro city, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Socorro city, Texas
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Socorro city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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, Texas (place:68636, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
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.
Figures last updated on .
Related
- Housing in Socorro at a glance
- Median rent in Socorro
- Rent by bedrooms in Socorro
- Rent burden in Socorro
- Renters and owners in Socorro
- Income and affordability in Socorro
- Home values in Socorro
- Homeowner costs in Socorro
- Types of homes in Socorro
- Bedrooms in Socorro
- Age of homes in Socorro
- Heating fuel in Socorro
- Commute and cars in Socorro
- Crime reported to police in Socorro
- Population growth in Socorro
- How long people stay in Socorro
- Crowding and facilities in Socorro
- Texas landlord and tenant rules
- Housing across El Paso County
- Texas places ranked by property taxes
- Housing data for every place in Texas