Elephant Butte vs Farmington
| Elephant Butte | Farmington | |
|---|---|---|
| Population | 1,573 | 46,457 |
| Median Household Income | $53,482 | $68,784 |
| Median Home Value | $176,800 | $233,000 |
| Median Gross Rent | $1,089/mo | $1,037/mo |
| Homeownership Rate | 77.6% | 66.2% |
| Unemployment Rate | 5.3% | 3.9% |
| Bachelor's Degree or Higher | 19.0% | 26.2% |
| Median Age | 62.7 | 38.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.