New Mexico city profile
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. For context, the typical Hobbs home is about 54% below the statewide median of $320,000 and local household income is about the same as the statewide median of $59,800.
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
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More New Mexico cities: Albuquerque, Carlsbad, Clovis, Farmington, Las Cruces, Rio Rancho, Roswell, Santa Fe, South Valley