Socorro vs Hobbs
| Socorro | Hobbs | |
|---|---|---|
| Population | 8,605 | 39,782 |
| Median Household Income | $39,375 | $64,021 |
| Median Home Value | $152,900 | $191,300 |
| Median Gross Rent | $711/mo | $1,112/mo |
| Homeownership Rate | 57.3% | 66.0% |
| Unemployment Rate | 2.1% | 6.2% |
| Bachelor's Degree or Higher | 25.1% | 17.3% |
| Median Age | 29.6 | 32.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.