Hobbs, NM
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Hobbs, New Mexico Summary

Life in Hobbs research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Hobbs over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Hobbs:

  • The population in Hobbs is 39,782.

  • The median home value in Hobbs is $173,086.

  • The median income in Hobbs is $63,804.

  • The cost of living in Hobbs is 89 which is 0.9x lower than the national average.

  • The median rent in Hobbs is $1,067.

  • The unemployment rate in Hobbs is 7.4%.

  • The poverty rate in Hobbs is 18.9%.

  • The average high in Hobbs is 75.7° and the average low is 46.8°.

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Hobbs SnackAbility

6
Overall SnackAbility
Jobs
6/10
Housing
7
Affordability
8
Diversity
9
Safety
N/A
Amenities
8.5
Education
4
Commute
8
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Hobbs, NM Cost Of Living

Cost of living in Hobbs summary. We use data on the cost of living to determine how expensive it is to live in Hobbs. Real estate prices drive most of the variance in cost of living around New Mexico. Key points include:

  • The cost of living in Hobbs is 89 with 100 being average.

  • The cost of living in Hobbs is 0.9x lower than the national average.

  • The median home value in Hobbs is $173,086.

  • The median income in Hobbs is $63,804.

89
Hobbs's Overall Cost Of Living
0.9x
Lower Than The National Average

Cost Of Living In Hobbs Comparison Table

Living Expense Hobbs New Mexico National Average
Overall 89 94 100
Services 93 97 100
Groceries 94 96 100
Health 93 100 100
Housing 71 88 100
Transportation 100 96 100
Utilities 99 91 100

Hobbs, NM Weather

  • The average high in Hobbs is 75.7° and the average low is 46.8°.

  • There are 30.3 days of precipitation each year.

  • Expect an average of 15.3 inches of precipitation each year with 3.8 inches of snow.

StatHobbs
Average Annual High75.7
Average Annual Low46.8
Annual Precipitation Days30.3
Average Annual Precipitation15.3
Average Annual Snowfall3.8
75.7°
Average High
30.3°
Days of Rain

Hobbs, NM Photos

Hobbs New Mexico Public Library
Source: Public Domain

Rankings for Hobbs in New Mexico

Locations Around Hobbs

Map Of Hobbs, NM

Best Places Around Hobbs

1

Andrews, TX
Population 13,342

2

Eunice, NM
Population 3,020

3

North Hobbs, NM
Population 5,863

4

Lovington, NM
Population 11,495

Hobbs Demographics And Statistics

Population over time in Hobbs

The current population in Hobbs is 39,782. The population has increased 20.8% from 2010.

Year Population % Change
2022 39,782 4.5%
2021 38,052 1.7%
2020 37,427 1.5%
2019 36,863 1.9%
2018 36,191 2.4%
2017 35,343 1.9%
2016 34,684 1.7%
2015 34,111 1.6%
2014 33,578 1.9%
2013 32,940 -

Race / Ethnicity in Hobbs

White
29.0% (11,522)
African American
5.1% (2,029)
American Indian
0.8% (313)
Asian
1.0% (381)
Hawaiian
0.0% (0)
Other
0.3% (110)
Two Or More
1.1% (444)
Hispanic
62.8% (24,983)

Hobbs is:

  • 29.0% White with 11,522 White residents.

  • 5.1% African American with 2,029 African American residents.

  • 0.8% American Indian with 313 American Indian residents.

  • 1.0% Asian with 381 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.3% Other with 110 Other residents.

  • 1.1% Two Or More with 444 Two Or More residents.

  • 62.8% Hispanic with 24,983 Hispanic residents.

Race Hobbs NM USA
White 29.0% 35.6% 58.9%
African American 5.1% 1.8% 12.1%
American Indian 0.8% 8.5% 0.6%
Asian 1.0% 1.5% 5.7%
Hawaiian 0.0% 0.1% 0.2%
Other 0.3% 0.4% 0.4%
Two Or More 1.1% 2.4% 3.5%
Hispanic 62.8% 49.8% 18.7%

Gender in Hobbs

Female
47.5% (18,884)
Male
52.5% (20,898)
  • Hobbs is 47.5% female with 18,884 female residents.

  • Hobbs is 52.5% male with 20,898 male residents.

Gender Hobbs NM USA
Female 47.5% 50.2% 50.4%
Male 52.5% 49.8% 49.6%

Highest level of educational attainment in Hobbs for adults over 25

  • 12.0% of adults in Hobbs completed < 9th grade.

  • 11.0% of adults in Hobbs completed 9-12th grade.

  • 33.0% of adults in Hobbs completed high school / ged.

  • 20.0% of adults in Hobbs completed some college.

  • 9.0% of adults in Hobbs completed associate's degree.

  • 9.0% of adults in Hobbs completed bachelor's degree.

  • 5.0% of adults in Hobbs completed master's degree.

  • 1.0% of adults in Hobbs completed professional degree.

  • 0.0% of adults in Hobbs completed doctorate degree.

< 9th Grade
12.0% (4,773)
9-12th Grade
11.0% (4,376)
High School / GED
33.0% (13,128)
Some College
20.0% (7,956)
Associate's Degree
9.0% (3,580)
Bachelor's Degree
9.0% (3,580)
Master's Degree
5.0% (1,989)
Professional Degree
1.0% (397)
Doctorate Degree
0.0% (0)
Education Hobbs NM USA
< 9th Grade 12.0% 5.0% 4.0%
9-12th Grade 11.0% 8.0% 6.0%
High School / GED 33.0% 26.0% 26.0%
Some College 20.0% 23.0% 20.0%
Associate's Degree 9.0% 9.0% 9.0%
Bachelor's Degree 9.0% 16.0% 21.0%
Master's Degree 5.0% 9.0% 10.0%
Professional Degree 1.0% 2.0% 2.0%
Doctorate Degree 0.0% 2.0% 2.0%

Household Income For Hobbs, New Mexico

  • 8.2% of households in Hobbs earn Less than $10,000.

  • 5.1% of households in Hobbs earn $10,000 to $14,999.

  • 7.3% of households in Hobbs earn $15,000 to $24,999.

  • 9.8% of households in Hobbs earn $25,000 to $34,999.

  • 9.1% of households in Hobbs earn $35,000 to $49,999.

  • 18.8% of households in Hobbs earn $50,000 to $74,999.

  • 11.1% of households in Hobbs earn $75,000 to $99,999.

  • 15.4% of households in Hobbs earn $100,000 to $149,999.

  • 7.2% of households in Hobbs earn $150,000 to $199,999.

  • 8.1% of households in Hobbs earn $200,000 or more.

Less than $10,000
8.2% (325,122)
$10,000 to $14,999
5.1% (201,658)
$15,000 to $24,999
7.3% (289,847)
$25,000 to $34,999
9.8% (390,088)
$35,000 to $49,999
9.1% (362,750)
$50,000 to $74,999
18.8% (749,311)
$75,000 to $99,999
11.1% (440,356)
$100,000 to $149,999
15.4% (612,912)
$150,000 to $199,999
7.2% (284,850)
$200,000 or more
8.1% (321,301)
Income Hobbs NM USA
Less than $10,000 8.2% 6.8% 4.9%
$10,000 to $14,999 5.1% 5.5% 3.8%
$15,000 to $24,999 7.3% 9.7% 7.0%
$25,000 to $34,999 9.8% 9.2% 7.4%
$35,000 to $49,999 9.1% 12.0% 10.7%
$50,000 to $74,999 18.8% 17.3% 16.1%
$75,000 to $99,999 11.1% 12.1% 12.8%
$100,000 to $149,999 15.4% 14.6% 17.1%
$150,000 to $199,999 7.2% 6.6% 8.8%
$200,000 or more 8.1% 6.1% 11.4%

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