Meadow Lake vs Hobbs
| Meadow Lake | Hobbs | |
|---|---|---|
| Population | 4,745 | 39,782 |
| Median Household Income | $43,649 | $64,021 |
| Median Home Value | $77,900 | $191,300 |
| Median Gross Rent | $908/mo | $1,112/mo |
| Homeownership Rate | 82.8% | 66.0% |
| Unemployment Rate | 4.8% | 6.2% |
| Bachelor's Degree or Higher | 12.5% | 17.3% |
| Median Age | 39.4 | 32.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.