| Index | Caballo | New Mexico | National |
| Average Test Scores | n/a | 27% | 48% |
| Student/Teacher ratio | n/a | 15:1 | 16:1 |
| Total public schools | n/a | 667 | 79,221 |
| Total private schools | n/a | 163 | 24,874 |
| Total post-secondary schools | n/a | 55 | 7,963 |

| Index | Caballo | New Mexico | National |
| Completed 8th grade | 100.0% | 81.4% | 84.3% |
| Completed high school | 100.0% | 80.0% | 83.0% |
| Completed some college | 37.5% | 58.2% | 59.4% |
| Completed associate degree | 0.0% | 34.7% | 38.5% |
| Completed bachelors | 0.0% | 26.7% | 30.3% |
| Completed masters | 0.0% | 11.6% | 11.5% |
| Completed professional degree | 0.0% | 3.4% | 3.3% |
| Completed doctorate | 0.0% | 1.8% | 1.3% |
There are a total of n/a public schools, n/a private schools and n/a post-secondary schools in Caballo. Using the proficiency score averages, the average test scores for Caballo, NM schools is n/a. The average student to teacher ratio is n/a. In Caballo, NM, an average of 100.0% of students have completed 8th grade and an average of 100.0% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Truth or Consequences, NM | 5,976 | 29% | 39.6% |
| Arrey, NM | 0 | 25% | 47.9% |
| Caballo, NM | 121 | n/a |
| City | Population | Avg. Test Scores | National Avg. |
| Chalkyitsik, AK | 121 | 50% | 4.2% |
| Tony, WI | 121 | 26% | 46.9% |
| Eagle, MI | 120 | 52% | 7.3% |
| West Elkton, OH | 120 | 62% | 28.1% |
| Bena, MN | 120 | 7% | 86.5% |
| Caballo, NM | 121 | n/a |