Elephant Butte, NM
1,790Residents
$53,482Median household income
$1,089/moMedian gross rent
$176,800Median home value
62.7Median age
19%Adults with a bachelor’s degree or higher
78%Homes lived in by their owners
3.3×Home value to household income
Median rent takes about 24% of the median household income in Elephant Butte.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $44,000 a year. In New Mexico that leaves roughly $2,948 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.