Socorro, TX Real Estate
According to census data in the year 2000 there were 7,276 housing units in Socorro.
This represents a 33.5% growth from 5,449 in 1990.
Of those housing units, 7,199 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.
Homeownership rate in Socorro is about 81.9%.
Socorro's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 4.03 people.
The majority of houses, apartments or condos in Socorro were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.60% |
| One Bedroom | 8.90% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 45.10% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 4.05 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $54,400 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.89 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $326 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 1.40% |
| Simple Mortgage | 28.40% |
| Debt Free | 69.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
