New Mexico · Census place 22720
Elephant Butte city, NM
Quick answer
Elephant Butte city has 1,586 residents, ranking #111 of 527 places in New Mexico. Median household income is $45,179, the median home is worth $166,800 and median gross rent runs $1,169 a month.
- Population
- 1,586Elephant Butte city residents
- Median household income
- $45,179Past 12 months, inflation adjusted
- Median home value
- $166,800Owner-occupied units
- Median gross rent
- $1,169Rent plus utilities, monthly
- Median age
- 66.1 yrsAll residents
- Homeownership rate
- 86%Owner-occupied households
What the numbers mean in Elephant Butte city
Housing cost measured against local earnings.
A household earning the Elephant Butte city median would spend about 31% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 86% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Mexico.
- El Valle de Arroyo Seco CDP 1,602
- Barton CDP 1,601
- South River CDP 1,594
- Gamerco CDP 1,583
- Tano Road CDP 1,581
- White Sands CDP 1,577
- Dixon CDP 1,551
Keep going
More New Mexico coverage.