Hobbs vs South Valley
| Hobbs | South Valley | |
|---|---|---|
| Population | 39,782 | 37,601 |
| Median Household Income | $64,021 | $58,224 |
| Median Home Value | $191,300 | $224,300 |
| Median Gross Rent | $1,112/mo | $954/mo |
| Homeownership Rate | 66.0% | 74.4% |
| Unemployment Rate | 6.2% | 4.3% |
| Bachelor's Degree or Higher | 17.3% | 15.1% |
| Median Age | 32.5 | 41.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.