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