Best Life Index › States › New Mexico › Cities › Hobbs

New Mexico city profile

What Is It Like to Live in Hobbs?

What it costs to live in Hobbs, and how it compares with other New Mexico cities, in plain numbers.

Value score

52

6th best value in New Mexico

How much you get for what you pay, versus other New Mexico cities.

Overall livability

44

10th overall in New Mexico

Cost, safety, schools, jobs and quality of life combined.

Hobbs is home to about 39,476 people. A typical home runs $146,300 and a household earns around $59,200, a price-to-income ratio of 2.5. Among New Mexico's largest cities, it ranks 6th for value and 10th overall.

Hobbs at a glance

Median home price

$146,300

4th in NM of 14

Median rent

$982/mo

Median household income

$59,200

Home price to income

2.5x

Unemployment

7.4%

12th in NM of 14

School rating

4/10

8th in NM of 14

Air quality (AQI)

45

0th in NM of 14

Walk score

3/100

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‹ See all top New Mexico cities ranked  ยท  New Mexico state profile ›

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI; air quality from the EPA. City rankings are within New Mexico only. Updated 2026.