Rio Rancho vs Hobbs
| Rio Rancho | Hobbs | |
|---|---|---|
| Population | 104,351 | 39,782 |
| Median Household Income | $89,596 | $64,021 |
| Median Home Value | $310,200 | $191,300 |
| Median Gross Rent | $1,514/mo | $1,112/mo |
| Homeownership Rate | 82.2% | 66.0% |
| Unemployment Rate | 4.6% | 6.2% |
| Bachelor's Degree or Higher | 34.0% | 17.3% |
| Median Age | 39.5 | 32.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.