In 2017, Hobbs, NM had a population of 37.4k people with a median age of 31.1 and a median household income of $57,906. Between 2016 and 2017 the population of Hobbs, NM grew from 36,863 to 37,427, a 1.53% increase and its median household income grew from $57,535 to $57,906, a 0.645% increase.
The 5 largest ethnic groups in Hobbs, NM are White (Hispanic) (51.4%), White (Non-Hispanic) (33.8%), Black or African American (Non-Hispanic) (6.13%), Some Other Race (Hispanic) (4.38%), and Two or More Races (Non-Hispanic) (1.75%). N/A% of the people in Hobbs, NM speak a non-English language, and 86.3% are U.S. citizens.
The largest universities in Hobbs, NM are University of the Southwest (273 degrees awarded in 2017).
The median property value in Hobbs, NM is $123,100, and the homeownership rate is 62.4%. Most people in Hobbs, NM commute by Drove Alone, and the average commute time is 17.8 minutes. The average car ownership in Hobbs, NM is 2 cars per household.