What percentage of people rent in Elephant Butte, NM?
22.4% (±9.4 points) of the occupied homes in Elephant Butte, NM are rented (2020–2024 American Community Survey).
That is 218 renting households against 757 that own their home.
In Elephant Butte, the share of households that rent went from 13.1% in 2015–2019 to 22.4% in 2020–2024 (+9.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 22.4% (±9.4 points)
- Renting households
- 218 (±106)
Who rents and who owns in Elephant Butte
| Elephant Butte | Sierra County | New Mexico | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.4% (±9.4 points) | 28.2% (±5.2 points) | 30.0% (±0.4 points) | 34.8% |
| Renting households | 218 (±106) | 1,534 (±310) | 251,477 (±3,297) | 45,017,354 |
| Owning households | 757 (±212) | 3,906 (±351) | 585,937 (±3,814) | 84,210,142 |
| Average renter household size | 1.8 (±0.6) | 1.9 (±0.3) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 1.9 (±0.4) | 2.1 (±0.2) | 2.6 (±0.0) | 2.6 |
| Median renter household income | — | $35,303 (±$13,415) | $40,497 (±$955) | $52,966 |
| Median owner household income | $58,769 (±$12,731) | $43,173 (±$12,746) | $77,401 (±$970) | $100,009 |
In Elephant Butte, the renter share is not measurably different from Sierra County (28.2%).
It is not measurably different from New Mexico (30.0%).
It is lower than the national figure (34.8%).
In Sierra County, Elephant Butte ranks 2 of 3 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 102 of 205.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Elephant Butte has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 13.1% (±6.9 points) | 22.4% (±9.4 points) | +9.3 percentage points | Not a measurable change |
| Median gross rent | $928 (±$180) | $1,089 (±$707) | +17.3% | No measurable change after inflation |
| Median household income | $43,846 (±$8,740) | $53,482 (±$16,863) | +22.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Elephant Butte
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Elephant Butte | — | 22.4% (±9.4 points) | — |
| Truth or Consequences | 5.0 mi | 41.8% (±7.5 points) | Higher |
| Williamsburg | 6.2 mi | 19.9% (±15.6 points) | Not measurably different |
| Hatch | 35 mi | 28.6% (±13.3 points) | Not measurably different |
| Radium Springs | 52 mi | 24.7% (±14.7 points) | Not measurably different |
| Bayard | 60 mi | 40.2% (±13.2 points) | Higher |
| Santa Clara | 61 mi | 19.9% (±9.1 points) | Not measurably different |
| San Ysidro (community) | 62 mi | 15.0% (±11.6 points) | Not measurably different |
| Hurley | 62 mi | 15.1% (±8.7 points) | Not measurably different |
Nearby places with a measurably higher figure: Truth or Consequences, NM (41.8%), Bayard, NM (40.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Sierra County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Truth or Consequences | 41.8% (±7.5 points) |
| 2 | Elephant Butte | 22.4% (±9.4 points) |
| 3 | Williamsburg | 19.9% (±15.6 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Elephant Butte
How many renters are there in Elephant Butte?
Elephant Butte has an estimated 218 (±106) renting households, 22.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Elephant Butte?
In Elephant Butte, the share of households that rent went from 13.1% in 2015–2019 to 22.4% in 2020–2024 (+9.3 percentage points), not a measurable change.
How big are renting households in Elephant Butte?
A renting household in Elephant Butte has 1.8 people on average, against 1.9 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elephant Butte city, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Elephant Butte city, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Elephant Butte city, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Elephant Butte city, New Mexico
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Elephant Butte city, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Elephant Butte city, New Mexico (place:22720, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Elephant Butte at a glance
- Income and affordability in Elephant Butte
- Home values in Elephant Butte
- Homeowner costs in Elephant Butte
- Property taxes in Elephant Butte
- Types of homes in Elephant Butte
- Bedrooms in Elephant Butte
- Heating fuel in Elephant Butte
- Commute and cars in Elephant Butte
- Population growth in Elephant Butte
- New Mexico landlord and tenant rules
- Housing across Sierra County
- New Mexico places ranked by share of renters
- Housing data for every place in New Mexico