Median Household Income
$64,021 ± $6,762
Median Home Value
$191,300 ± $12,391
Median Gross Rent
$1,112 ± $54/mo
Per Capita Income
$32,862
Poverty Rate
19.7%
Unemployment Rate
6.2%
Homeownership Rate
66.0%
Bachelor's Degree or Higher
17.3%
Median Age
32.5
Average Commute
23 min
Households
14,211
Veterans
933
Population Over Time
Hobbs grew 13.9% from 2014 to 2024.
2014
35,343
2016
36,863
2018
38,052
2020
38,475
2022
39,782
2024
40,252
Population by Race & Ethnicity
White
39.3%
Hispanic or Latino
62.9%
Black or African American
5.4%
Asian
1.0%
Nearby Cities in New Mexico
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.