Elephant Butte, New Mexico Mortgage and Housing Information

Population: 1,390
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$118,800

A comparison of the average prices of homes in Elephant Butte, New Mexico and the U.S.
	U.S.	New Mexico	Elephant Butte
Median home value in year 2000	$111,800	$94,600	$91,600

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	New Mexico	Elephant Butte
With a mortgage	$1,088	$929	$785
Without a mortgage	$295	$228	$227

Types of mortgages for owner-occupied Single-family Houses in Elephant Butte (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	170	55.4%
First Mortgage Only	126	41.0%
Second Mortgage and/or Home Equity Loan	11	3.6%
Total	307	100%

Median age for males and females (2000).
Males	59
Females	56

Males earn $4,888 (32.1%) more than Females in Elephant Butte.

Level of higher education for people over 25 years in Elephant Butte (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	205	32.2%	210	33.0%
Associate Degree	36	5.7%	43	6.8%
Bachelor's Degree	59	9.3%	53	8.3%
Master's Degree	32	5.0%	46	7.2%
Professional Degree	14	2.2%	12	1.9%
Doctorate Degree	2	0.3%	0	0.0%
Total (at least some college)	348	54.7%	364	54.8%
Total over 25	636	100%	664	100%

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