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CITY · 2020 ACS

Hobbs

New Mexico · 40,508 residents · 26.404 sq mi
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The short version

Hobbs has lower-than-average household income, with a median household income of $57,646. Population has grown 41% since 2000. 16% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has roughly tripled since 2000, reaching $144,000. At a median age of 31.1, residents skew younger than the country as a whole.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 31.1
US median: 38.8
Less educated
16% hold a bachelor's degree
US average: 33%
Less affordable
home values up 98%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
40,508
+41%since 2000
from 28,657 in 2000
1990 – 2025
Population density
1,534 / sq mi
+41%since 2000
from 1,085 / sq mi in 2000
US average: 280
Median age
31.1
−3%since 2000
from 32.1 in 2000
US average: 38.8
Population, 1990 – 2024
27K31K35K38K42K1990201020202024Hobbs
202440K
1990201020202024
Section 02

Income & economy

Median household income
$57,646
+36%inflation adjusted, since 2000
from $28,100 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,218
+92%since 2000
from $14,209 in 2000
US average: $35,364
Households earning $100K+
36.3%
+12.5 ptssince 2009
from 23.8% in 2009
US average: 43.9%
Poverty rate
19.1%
−5.1 ptssince 2000
from 24.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Agriculture, forestry, fishing19.9%
US avg: 1.7%
Manufacturing18.1%
US avg: 0.5%
Information11.2%
US avg: 11.1%
Finance & insurance7.6%
US avg: 5.5%
Wholesale trade6.6%
US avg: 6.7%
Professional, scientific, technical4.3%
US avg: 4.7%
Retail trade4.1%
US avg: 10%
Education & health services3.3%
US avg: 0.8%
Transportation & warehousing3.2%
US avg: 2.5%
Other services2.5%
US avg: 6.6%
Construction1.8%
US avg: 1.2%
Public administration1.4%
US avg: 4.7%
Arts, entertainment, food0.7%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$144,000
+98%inflation adjusted, since 2000
from $48,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$923
+56%inflation adjusted, since 2000
from $393 in 2000
US average: $1,124
Owner-occupied
59.0%
−8.9 ptssince 2000
from 67.9% in 2000
41.0% rent
Afford Score
2.5
+45%since 2000
from 1.7 in 2000
1990 – 2024
RELATED:See current rent listings in Hobbs on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic48.9%(14,027)
Black6.6%(1,885)
Hispanic / Latino42.2%(12,088)
Asian0.4%(120)
Other0%
Diversity Score70.2%(20,127)
2020
White, non-Hispanic28.4%(11,515)
Black5.1%(2,058)
Hispanic / Latino61.9%(25,076)
Asian1.2%(491)
Other2.6%(1,070)
Diversity Score65.7%(26,614)
Diversity Score
66
−6%since 2000
from 70 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.3%
+3.4 ptssince 2000
from 12.9% in 2000
US average: 32.9%
High school or higher
76.4%
+10.2 ptssince 2000
from 66.1% in 2000
US average: 88.5%
Graduate degree
6.5%
+1.6 ptssince 2000
from 4.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.4 min
+82%since 2000
from 12.3 min in 2000
US average: 26.9
Drive alone to work
84.3%
+3.2 ptssince 2009
from 81.1% in 2009
US average: 75.1%
No vehicle available
4.8%
−1.0 ptssince 2009
from 5.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.8%
−0.1 ptssince 2011
from 7.8% in 2011
US average: 5.4%
Labor force participation
61.6%
+2.5 ptssince 2011
from 59.1% in 2011
US average: 63.4%
Management & professional
29.2%
−25.3 ptssince 2009
from 54.6% in 2009
US average: 39.3%
Section 08

People & community

Male
52.5%
+2.9 ptssince 2009
from 49.6% in 2009
Female
47.5%
−2.9 ptssince 2009
from 50.4% in 2009
Foreign born
17.8%
+7.7 ptssince 2009
from 10.0% in 2009
US average: 13.5%
Uninsured
13.3%
−65.0 ptssince 2013
from 78.3% in 2013
US average: 8.8%
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Compare Hobbs to nearby cities

HOBBS VS
Lovington
Income$68,821+19%
Home value$166,100+15%
Population11,620−72%
SEE FULL COMPARISON →
HOBBS VS
Andrews
Income$73,690+28%
Home value$196,300+36%
Population13,665−67%
SEE FULL COMPARISON →
HOBBS VS
Brownfield
Income$42,150−27%
Home value$100,600−30%
Population8,762−79%
SEE FULL COMPARISON →
HOBBS VS
Carlsbad
Income$72,306+25%
Home value$200,000+39%
Population32,524−20%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hobbs, New Mexico?

Hobbs, New Mexico has about 40,508 residents according to the 2020 American Community Survey.

What is the median household income in Hobbs, New Mexico?

The typical household in Hobbs, New Mexico earns about $57,646 a year. Half of households make more than that, and half make less.

Is Hobbs, New Mexico expensive?

In Hobbs, New Mexico, the median home is worth about $144,000, and the typical rent is about $923 a month.

How educated are people in Hobbs, New Mexico?

About 16.3% of adults age 25 and over in Hobbs, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Hobbs, New Mexico?

About 19.1% of people in Hobbs, New Mexico live below the federal poverty line.

Has Hobbs, New Mexico grown since 1990?

Yes, Hobbs, New Mexico has grown since 1990. The population has added about 11,393 residents, a change of about 39 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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