This was 4.3 percent lower than the state average of 37 percent. In 2020 the total municipality population reached 1,552.
98 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Elephant Butte for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 29 | 2 |
| Regular high school diploma | 434 | 29.3 |
| GED or alternative credential | 79 | 5.3 |
| Some college, less than 1 year | 47 | 3.2 |
| Some college, 1 or more years, no degree | 408 | 27.5 |
| Associate's degree | 220 | 14.9 |
| Bachelor's degree | 176 | 11.9 |
| Master's degree | 74 | 5 |
| Professional school degree | 14 | 0.9 |
| Doctorate degree | 0 | 0 |
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