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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 $209,664 Zillow
$1,132 Median Rent 27.7% income on rent
62°F Avg Temperature 330 sunny days/yr
673 Violent Crime/100K 4,329 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$65,691 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$180,700 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
673 violent crimes/100K (77% above avg)
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher

Income Overview

Median Household Income
$65,691
13% below
US avg: $75,149
Per Capita Income
$33,083
15% below
US avg: $39,052
Unemployment Rate
4.2%
17% above
US avg: 3.6%
Poverty Rate
16.2%
31% above
US avg: 12.4%

Income Comparison: Hobbs vs. U.S. Average

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

Median Household
US: $75,149
$65,691
87%
Per Capita
US: $39,052
$33,083
85%
IRS Avg AGI
US: $72,000
$67,076
93%
Avg Weekly Wage
US: $1,432
$1,333
93%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,333
7% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
2.2%
86% below US avg (15.2%)
Drive Alone
78.6%
7% above US avg (73.2%)
Public Transit
0.3%
94% below US avg (5.0%)
County GDP
$12,858M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.6%
Public Transit 0.3%
Work From Home 2.2%
Other 18.9%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,195
Restaurants
165
Healthcare
115
Retail
229
Manufacturing
30

Tax & Financial

IRS Avg Adjusted Gross Income
$67,076
7% below US avg ($72,000)
Avg Property Tax
$2,426
31% below US avg ($3,500)
Cost of Living Index
92.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$65,691
Per Capita Income$33,083
IRS Avg Adjusted Gross Income$67,076
Avg Weekly Wage$1,333
County GDP$12,858M

Hardship Indicators

Unemployment Rate4.2%
Poverty Rate16.2%
Gini Coefficient0.473
Cost of Living Index92.2

Commute

Mean Commute25 minutes
Drive Alone78.6%
Public Transit0.3%
Work From Home2.2%

Businesses

Total Establishments2,195
Restaurants165
Healthcare115
Retail229
Manufacturing30

Tax

IRS Avg AGI$67,076
Avg Property Tax$2,426