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Elephant Butte, New Mexico

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,790
Population
$53,482
Median Income
$176,800
Home Value
62.7
Median Age

Demographics

Elephant Butte has a population of 1,790 with a median age of 62.7. Here is the racial and ethnic breakdown of the population:

White
83.4%
Hispanic
17.7%
Demographic Value
Total Population1,790
Median Age62.7
White83.4%
Hispanic or Latino17.7%
Elephant Butte, New Mexico — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 101.White: 82.5%Hispanic/Latino: 17.5%1,790PopulationWhiteWhite82.5%Hispanic/LatinoHispanic/Latino17.5%

Income & Economy

The median household income in Elephant Butte is $53,482, which is 33.7% below the national median of $80,610. The per capita income is $33,162. The poverty rate is 10.7%.

$53,482
Median Household Income
$33,162
Per Capita Income
10.7%
Poverty Rate

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Education

In Elephant Butte, 94.9% of residents age 25+ have a high school diploma or higher, and 19.0% hold a bachelor's degree or higher (4.6% with a graduate or professional degree).

HS Diploma+
94.9%
Bachelor's+
19.0%
Graduate+
4.6%
Education Level % of Adults (25+)
High School Diploma or Higher94.9%
Bachelor's Degree or Higher19.0%
Graduate or Professional Degree4.6%

Housing

The median home value in Elephant Butte is $176,800, below the national median of $303,400. The median monthly rent is $1,089. The homeownership rate is 77.6%.

$176,800
Median Home Value
$1,089/mo
Median Rent
77.6%
Homeownership Rate
Housing Metric Value
Median Home Value$176,800
Median Monthly Rent$1,089
Homeownership Rate77.6%
Vacancy Rate38.9%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Elephant Butte, New Mexico?
The population of Elephant Butte, New Mexico is 1,790 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Elephant Butte, New Mexico?
The median household income in Elephant Butte, New Mexico is $53,482. This is 33.7% below the national median of $80,610.
What is the median home value in Elephant Butte, New Mexico?
The median home value in Elephant Butte, New Mexico is $176,800. The median monthly rent is $1,089.
What percentage of people in Elephant Butte have a college degree?
In Elephant Butte, New Mexico, 19.0% of adults age 25 and older hold a bachelor's degree or higher, and 94.9% have a high school diploma or higher.
Is Elephant Butte, New Mexico an affordable place to live?
The home price-to-income ratio in Elephant Butte, New Mexico is 3.3x (median home value $176,800 vs. median income $53,482), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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