Elephant Butte, NM 87935 has a population of approximately 1,679 and experiences a population change rate of -7.44%. The population density is 46.3 / sq mi .
Elephant Butte, NM 87935 has a population of approximately 1,679 and experiences a population change rate of -7.44%. The population density is 46.3 / sq mi .
The median household income for Elephant Butte, NM 87935 is $47,736, with 1,003 households and an average household size of 1.74.
The median value of a home in Elephant Butte, NM 87935 is $189,900 with an appreciation rate of 12.50%. 44.99% of housing in the state is owned while 5.04% is rented.
The cost of living in Elephant Butte, NM 87935 is 82.3 %.
The unemployment rate in Elephant Butte, NM 87935 is 6.10%, and recent job growth is at -4.00%. Future job growth is projected at 14.15%.
The sales tax rate in Elephant Butte, NM 87935 is 8.06%, while the income tax rate is 4.90% .
School expenditures in Elephant Butte, NM 87935 are $14,048, and the school ratio is 14.5:1.
The average high temperature in July is 94.5 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 11 inches per year, with 3.2 inches of snow per year.