D

Elephant Butte, NM

Source:

Affordability Score: 44/100

Population: 1,770 · 1 ZIP codes

The affordability dashboard for Elephant Butte, NM aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,770 residents, then layers in county-level federal data to produce an overall grade of D (44/100). The headline inputs are median household income of $51,033, median home value of $197,700, median rent of $1,111 per month, and 16.5% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,004 per month (studio $692, 1BR $765, 3BR $1,396, 4BR $1,619).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are income, education. Unemployment currently reads 5.3% and poverty 9.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$51,033
Median household income
Education F
16.5%
Bachelor's degree or higher
Housing D
3.9x
Home value $197,700 vs income
Commute N/A
N/A
Average commute time
Rent B-
$1,004/mo
2BR fair market rent (24% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$51,033
▼ 18% vs national
Per Capita Income
$31,866
Unemployment Rate
5.3%
Poverty Rate
9.2%

Housing

Median Home Value
$197,700
▼ 28% vs national
Median Rent
$1,111/mo
Owner Occupied
75.6%
2BR Fair Market Rent
$1,004/mo
▼ 16% vs national

Fair Market Rents by Bedroom

Studio
$692
1BR
$765
2BR
$1,004
3BR
$1,396
4BR
$1,619

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
16.5%
▼ 13 ppt vs national
High School+
42.5%
Median Age
64.1
Avg. Commute

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Elephant Butte, NM receives an overall affordability grade of D (44/100), aggregated from 1 ZIP codes with a total population of 1,770. Challenges include income and education. Data was unavailable for commute, safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Elephant Butte ZIP Codes
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What are common questions about this dashboard?

Is Elephant Butte, NM affordable?
Elephant Butte, NM receives an overall affordability grade of D (44/100) based on Census, HUD, FBI, and DOL data. Median household income is $51,033. Median home value is $197,700.
What is the cost of living in Elephant Butte?
Key cost metrics: Median rent $1,111/mo. 2BR fair market rent $1,004/mo. Median home value $197,700.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →