Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 30.9 yrs |
|---|---|
| Avg HH Size | 0.58 |
| Below Poverty | 17.7% ▲ 77% above avg |
| College Grads | 28.2% ▼ 27% below avg |
| Unemployment | 6.8% ▲ 39% above avg |
| No HS Diploma | 1,196 (4.9%) |
| HS Graduate | 8,707 (35.5%) |
| Some College | 4,139 (16.9%) |
| Associates | 3,641 (14.8%) |
| Bachelors | 2,189 (8.9%) |
| Graduate Degree | 4,648 (19%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,020 ▼ 10% below avg |
|---|---|
| Median Home Value | $183,668 ▼ 34% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $1,150/mo |
| Total Housing Units | 19,266 |
| Vacant Units | 2,085 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hobbs is a city in New Mexico, located in Lea County. The city spans 4 ZIP codes and is home to approximately 50,397 residents. It is a relatively young city, with a median age of 30.85 years.
Economically, Hobbs is a solidly middle-class community. The median household income of $69,019 is near the national average. Approximately 17.7% of residents live below the poverty line. The unemployment rate is 6.8%, above the national average.
The real estate market in Hobbs is an affordable housing market. Median home values stand at $183,668, which is below the national average. Renters typically pay around $1,149 per month. Homeownership is high at 67.8%, typical of suburban and family-oriented communities.
The population of Hobbs is moderately educated. 28.2% of adults hold a bachelor's degree or higher — below the national average. The community is majority Hispanic (61.5%).
Hobbs, NM offers residents a cost-conscious lifestyle within New Mexico. Spread across 4 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.