Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 67.3 yrs |
|---|---|
| Avg HH Size | 1.72 |
| Below Poverty | 8.6% ▼ 15% below avg |
| College Grads | 29.1% ▼ 25% below avg |
| Unemployment | 3.7% ▼ 25% below avg |
| HS Graduate | 504 (30.8%) |
| Some College | 181 (11.1%) |
| Associates | 475 (29.1%) |
| Bachelors | 211 (12.9%) |
| Graduate Degree | 264 (16.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,891 ▼ 41% below avg |
|---|---|
| Median Home Value | $180,800 ▼ 35% below avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $1,152/mo |
| Total Housing Units | 1,938 |
| Vacant Units | 864 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Elephant Butte is a city in New Mexico, located in Sierra County. The city spans 1 ZIP code and is home to approximately 1,848 residents. It is an older city, with a median age of 67.3 years.
Economically, Elephant Butte is a working-class community. The median household income of $44,891 is below the national average. Approximately 8.6% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Elephant Butte is an affordable housing market. Median home values stand at $180,800, which is below the national average. Renters typically pay around $1,152 per month. Homeownership is high at 84.5%, typical of suburban and family-oriented communities.
The population of Elephant Butte is moderately educated. 29.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (80.03%).
Elephant Butte, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87935 | 1,848 | $44,891 | $180,800 | $1,152 | 3.7% | 29.1% | 84.5% |