Socorro, Texas is a vibrant community located in El Paso County. It has a population of 11,008 people as of the 2019 US Census. The average rent for a two bedroom apartment is $880 - less than the US average of $1,430. Furthermore, the grocery cost index in Socorro is 90 compared to 100 in the US, making groceries more affordable for families living here.
The town offers plenty of activities and attractions for its residents. Locally owned businesses such as Tom's Burger Express, Delicias Bakery & Cafe, and G&G Furniture are favored among locals. There are also several art galleries where tourists can purchase authentic Mexican artwork such as Mata Ortiz pottery. Sports fans can enjoy soccer at Duran Park or golfing at Rio Bravo Country Club. There are also numerous schools which provide quality education to students including Socorro High School, Clint Early College High School, and Sierra Vista Elementary School.
Socorro (zip 79927) has an unemployment rate of 8.6%. The US average is 6.0%.
Socorro (zip 79927) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Socorro (zip 79927)
- The Sales Tax Rate for Socorro (zip 79927) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Socorro (zip 79927) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Socorro (zip 79927)
- The average income of a Socorro (zip 79927) resident is $17,743 a year. The US average is $37,638 a year.
- The Median household income of a Socorro (zip 79927) resident is $41,526 a year. The US average is $69,021 a year.