Elephant Butte vs Hobbs
| Elephant Butte | Hobbs | |
|---|---|---|
| Population | 1,573 | 39,782 |
| Median Household Income | $53,482 | $64,021 |
| Median Home Value | $176,800 | $191,300 |
| Median Gross Rent | $1,089/mo | $1,112/mo |
| Homeownership Rate | 77.6% | 66.0% |
| Unemployment Rate | 5.3% | 6.2% |
| Bachelor's Degree or Higher | 19.0% | 17.3% |
| Median Age | 62.7 | 32.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.