Hobbs, NM

Full City Profile · New Mexico · Lea County County

2.9 /5.0
C+ Fair
39,887 Population 1,510/sq mi density
$65,691 Median Income $33,083 per capita
$180,700 Home Value $216,560 Zillow
$1,132 Median Rent 27.7% income on rent
62°F Avg Temperature
790 Violent Crime/100K 3,762 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$65,691 median income, 6.6% unemployment
A+
Affordability
5.0 / 5.0
$180,700 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
790 violent crimes/100K (108% above avg)
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher

Hobbs, NM

At a Glance

Median Income
$65,691
13% below
$33,083 per capita
Home Value
$180,700
36% below
Zillow: $216,560
Median Rent
$1,132/mo
3% below
27.7% of income on rent
Violent Crime
790/100K
108% above
3,762/100K property
Bachelor's Degree+
16.6%
51% below
75.9% high school+
Unemployment
6.6%
83% above
16.2% poverty rate
Obesity Rate
37.0%
15% above
14.9% smoking rate
Avg Temperature
62°F

How Hobbs Compares to the U.S. Average

Each bar shows Hobbs's value as a percentage of the national average (100% = U.S. avg)

Income
87%
Home Value
64%
Rent
97%
Poverty
131%
Bachelor's
49%
Unemployment
183%
Crime
208%
Thin vertical line = U.S. national average (100%)

Is Hobbs a Good Place to Live?

C+
2.9 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Hobbs residents earn a median household income of $65,691 , which is 13% below the national average of $75,149. Per capita income is $33,083. The unemployment rate stands at 6.6% (83% above the U.S. rate of 3.6%). 16.2% of residents live below the poverty line. The area is home to 2,195 business establishments, including 165 restaurants.

Housing & Cost of Living

The median home value in Hobbs is $180,700 , 36% below the national median of $281,900. Zillow estimates the typical home at $216,560. Median rent is $1,132/month, with 27.7% of renters spending more than 30% of income on housing. The cost of living index is 92.2 (100 = national average). The median home was built in 1974.

Safety & Crime

Hobbs reports 790 violent crimes per 100,000 residents , which is 108% above the national average of 380/100K. Property crime is 3,762/100K. The murder rate is 20.5/100K.

Education

16.6% of adults in Hobbs hold a bachelor's degree or higher (51% below the national average). 75.9% have completed high school. Local schools score 4.2/10 in standardized testing.

Climate & Weather

Hobbs has an average annual temperature of 62°F (17°C). Winters average 42°F in January while summers reach 81°F in July. Annual precipitation totals 13.8 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

People

Population39,887
Median Age31.7 yrs
Density1,510/mi²
Male / Female53% / 47%
Foreign Born17.3%
Veterans4.0%

Economy

B
Median Income$65,691
Per Capita$33,083
Unemployment6.6%
Poverty16.2%
County GDP$12,858M
Avg Weekly Wage$1,333

Housing

A+
Home Value$180,700
Rent$1,132
Ownership62.8%
Zillow$216,560
Housing Units15,280
Rent Burden27.7%

Crime

F
Violent790/100K
Property3,762/100K
Murder20.5/100K
Assault652/100K
Burglary870/100K

Health

Obesity37.0%
Diabetes12.1%
Smoking14.9%
Heart Disease6.2%
Premature Death12,673/100K

Climate

Avg Temp62°F
Rain13.8 in/yr
AQI44 (Good)
Elevation3,642 ft

Education

C
Bachelor's+16.6%
High School+75.9%
Graduate+6.7%
School Score4.2/10

Community

2024 VoteR 80% / D 19%
Commute25 min
Broadband84.4%
Internet Speed67 Mbps
EV Stations2
Libraries6

Did You Know?

Hobbs was founded in 1907.
The median home in Hobbs was built in 1974.
The nearest airport is Lea County Regional (4 miles).
The Gini coefficient (income inequality) is 0.473 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
12.4% of the population has a disability.
17.3% of residents are foreign-born.
There are 165 restaurants in the area.
The county recorded 17 fatal vehicle crashes.