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Elephant Butte, NM

Full City Profile · New Mexico · Sierra County County

3.0 /5.0
B Good
1,586 Population 379/sq mi density
$45,179 Median Income $36,575 per capita
$166,800 Home Value $234,942 Zillow
$1,169 Median Rent 51.0% income on rent
63°F Avg Temperature 330 sunny days/yr
63 Violent Crime/100K 1,445 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$45,179 median income, 1.2% unemployment
A+
Affordability
4.6 / 5.0
$166,800 home value, $1,169/mo rent
F
Safety
1.0 / 5.0
63 violent crimes/100K
C+
Education
2.5 / 5.0
19.0% bachelor's degree or higher

Income Overview

Median Household Income
$45,179
40% below
US avg: $75,149
Per Capita Income
$36,575
6% below
US avg: $39,052
Unemployment Rate
1.2%
67% below
US avg: 3.6%
Poverty Rate
3.2%
74% below
US avg: 12.4%

Income Comparison: Elephant Butte vs. U.S. Average

Each bar shows Elephant Butte’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$45,179
60%
Per Capita
US: $39,052
$36,575
94%
IRS Avg AGI
US: $72,000
$42,532
59%
Avg Weekly Wage
US: $1,432
$852
59%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$852
41% below US avg ($1,432)
Mean Commute Time
11 min
61% below US avg (28 min)
Work From Home
4.8%
68% below US avg (15.2%)
Drive Alone
88.6%
21% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$423M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 88.6%
Public Transit 0%
Work From Home 4.8%
Other 6.6%
Average commute time
11 minutes
US avg: 28 min

Business Landscape

Total Establishments
386
Restaurants
45
Healthcare
17
Retail
40
Manufacturing
4

Tax & Financial

IRS Avg Adjusted Gross Income
$42,532
41% below US avg ($72,000)
Avg Property Tax
$2,700
23% below US avg ($3,500)
Cost of Living Index
92.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$45,179
Per Capita Income$36,575
IRS Avg Adjusted Gross Income$42,532
Avg Weekly Wage$852
County GDP$423M

Hardship Indicators

Unemployment Rate1.2%
Poverty Rate3.2%
Gini Coefficient0.469
Cost of Living Index92.2

Commute

Mean Commute11 minutes
Drive Alone88.6%
Public Transit0.0%
Work From Home4.8%

Businesses

Total Establishments386
Restaurants45
Healthcare17
Retail40
Manufacturing4

Tax

IRS Avg AGI$42,532
Avg Property Tax$2,700