North Hobbs, NM

Full City Profile · New Mexico · Lea County County

3.4 /5.0
B Good
6,099 Population 235/sq mi density
$89,279 Median Income $34,610 per capita
$233,200 Home Value $209,664 Zillow
$1,109 Median Rent 35.9% income on rent
62°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$89,279 median income, 9.7% unemployment
A+
Affordability
5.0 / 5.0
$233,200 home value, $1,109/mo rent
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher

North Hobbs, NM

At a Glance

Median Income
$89,279
19% above
$34,610 per capita
Home Value
$233,200
17% below
Zillow: $209,664
Median Rent
$1,109/mo
5% below
35.9% of income on rent
Bachelor's Degree+
11.5%
66% below
82.3% high school+
Unemployment
9.7%
169% above
9.5% poverty rate
Obesity Rate
35.0%
9% above
14.5% smoking rate
Avg Temperature
62°F

How North Hobbs Compares to the U.S. Average

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

Income
119%
Home Value
83%
Rent
95%
Poverty
77%
Bachelor's
34%
Unemployment
269%
Thin vertical line = U.S. national average (100%)

Is North Hobbs a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

North Hobbs residents earn a median household income of $89,279 , which is 19% above the national average of $75,149. Per capita income is $34,610. The unemployment rate stands at 9.7% (169% above the U.S. rate of 3.6%). 9.5% 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 North Hobbs is $233,200 , 17% below the national median of $281,900. Zillow estimates the typical home at $209,664. Median rent is $1,109/month, with 35.9% 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 1987.

Education

11.5% of adults in North Hobbs hold a bachelor's degree or higher (66% below the national average). 82.3% have completed high school. Local schools score 4.2/10 in standardized testing.

Climate & Weather

North 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

Population6,099
Median Age34.8 yrs
Density235/mi²
Male / Female49% / 51%
Foreign Born15.5%
Veterans5.0%

Economy

B
Median Income$89,279
Per Capita$34,610
Unemployment9.7%
Poverty9.5%
County GDP$12,858M
Avg Weekly Wage$1,333

Housing

A+
Home Value$233,200
Rent$1,109
Ownership88.2%
Zillow$209,664
Housing Units2,178
Rent Burden35.9%

Health

Obesity35.0%
Diabetes10.1%
Smoking14.5%
Heart Disease5.8%
Premature Death12,673/100K

Climate

Avg Temp62°F
Rain13.8 in/yr
AQI44 (Good)
Elevation3,647 ft

Education

D
Bachelor's+11.5%
High School+82.3%
Graduate+7.7%
School Score4.2/10

Community

2024 VoteR 80% / D 19%
Commute17 min
Broadband85.5%
Internet Speed67 Mbps
EV Stations2
Libraries6

Did You Know?

The median home in North Hobbs was built in 1987.
The nearest airport is Lea County Regional (8 miles).
The Gini coefficient (income inequality) is 0.473 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.6% of the population has a disability.
15.5% of residents are foreign-born.
There are 165 restaurants in the area.
The county recorded 17 fatal vehicle crashes.