Hobbs, NM

Census Place

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2024 Population

40,252

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2024 Median Age

32.5

2.52% 1-year increase

2024 Poverty Rate

19.7%

3.88% 1-year decrease

2024 Median Household Income

$64,021

2.54% 1-year decline

2024 Median Property Value

$191,300

5.87% 1-year growth

2024 Employed Population

17,654

1.12% 1-year growth

About

None of the households in Hobbs, NM reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

85.5% of the residents in Hobbs, NM are U.S. citizens.

The largest universities in Hobbs, NM are University of the Southwest (290 degrees awarded in 2023).

In 2024, the median property value in Hobbs, NM was $191,300, and the homeownership rate was 66%.

Most people in Hobbs, NM drove alone to work, and the average commute time was 23.8 minutes. The average car ownership in Hobbs, NM was 2 cars per household.

United States New Mexico Lea County, NM Hobbs, NM Lea and Eddy County PUMA, NM

Population & Diversity

Hobbs, NM is home to a population of 40.3k people, from which 85.5% are citizens. As of 2024, 18.3% of Hobbs, NM residents were born outside of the country (7.38k people).

In 2024, there were 1.27 times more Two Races Including Other (Hispanic) residents (14.3k people) in Hobbs, NM than any other race or ethnicity. There were 11.3k White (Non-Hispanic) and 6.08k Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

85.5%

2024 Citizenship

86.6%

2023 Citizenship

As of 2024, 85.5% of Hobbs, NM residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Hobbs, NM was 86.6%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Hobbs, NM compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Hobbs, NM

Two Races Including Other (Hispanic)
14.3k ± 1.36k
White (Non-Hispanic)
11.3k ± 869
Other (Hispanic)
6.08k ± 1.01k

62.9%

Hispanic Population

25.3k people

62.9% of the people in Hobbs, NM are hispanic (25.3k people).

The following chart shows the 8 races represented in Hobbs, NM as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Mexico.

Most Common Origin

Mexico
124,411 ± 8,401 people
Philippines
6,498 ± 1,976 people
Germany
4,186 ± 1,587 people

In 2023, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 124,411 New Mexico residents, followed by Philippines with 6,498 and Germany with 4,186.

Foreign-Born Population

18.3%

2024 Foreign-Born Population

7.38k people

17.3%

2023 Foreign-Born Population

6.88k people

As of 2024, 18.3% of Hobbs, NM residents (7.38k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Hobbs, NM was 17.3%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Hobbs, NM compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
348 ± 133
Gulf War (2001-)
174 ± 121
Gulf War (1990s)
125 ± 86

Hobbs, NM has a large population of military personnel who served in Vietnam, 2 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Hobbs, NM.

Economy

The economy of Hobbs, NM employs 17.7k people. In 2024, the largest industries in Hobbs, NM were Mining, Quarrying, & Oil & Gas Extraction (2,168 people), Construction (1,929 people), and Educational Services (1,888 people), and the highest paying industries were Utilities ($111,372), Manufacturing ($77,054), and Mining, Quarrying, & Oil & Gas Extraction ($72,444).

Employment

Occupations

17.7k

2024 Value

± 1,391

1.12%

1 Year growth

± 11%

From 2023 to 2024, employment in Hobbs, NM grew at a rate of 1.12%, from 17.5k employees to 17.7k employees.

The most common job groups, by number of people living in Hobbs, NM, are Construction & Extraction Occupations (2,178 people), Office & Administrative Support Occupations (2,167 people), and Management Occupations (1,701 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hobbs, NM.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Mexico.

This chart shows weekly unemployment insurance claims in New Mexico (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

17.7k

2024 Value

± 1,391

1.12%

1 Year growth

± 11%

From 2023 to 2024, employment in Hobbs, NM grew at a rate of 1.12%, from 17.5k employees to 17.7k employees.

The most common employment sectors for those who live in Hobbs, NM, are Mining, Quarrying, & Oil & Gas Extraction (2,168 people), Construction (1,929 people), and Educational Services (1,888 people). This chart shows the share breakdown of the primary industries for residents of Hobbs, NM, though some of these residents may live in Hobbs, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$51,427

Median earning men ± $7,708

$33,850

Median earning women ± $3,247

The industries with the best median earnings for men in 2024 are Manufacturing ($123,482), Agriculture, Forestry, Fishing & Hunting, & Mining ($70,114), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($68,581).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($82,181), Public Administration ($61,557), and Educational Services, & Health Care & Social Assistance ($50,432).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Mexico.

Y-Axis

2.72%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 860k people employed in New Mexico. This represents a 2.72% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in New Mexico.

Education

In 2023, universities in Hobbs, NM awarded 290 degrees. The student population of Hobbs, NM in 2023 is skewed towards women, with 362 male students and 672 female students.

Most students graduating from Universities in Hobbs, NM are White (136 and 47.2%), Hispanic or Latino (88 and 30.6%), Black or African American (34 and 11.8%), and Unknown (16 and 5.56%).

The largest universities in Hobbs, NM by number of degrees awarded are University of the Southwest (290 and 100%).

The most popular majors in Hobbs, NM are School Counseling & Guidance Services (39 and 13.4%), General Biological Sciences (30 and 10.3%), and Curriculum & Instruction (29 and 10%).

The median tuition cost in Hobbs, NM for private four year colleges is $16,470.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2019 in Hobbs, NM, the percentage of applicants admitted was 45.4%, while the percentage of admitted who enrolled was 69.5%. The number of students enrolled in 2023 was 1,034 (35% men and 65% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2023 there were 1,034 students enrolled in Hobbs, NM, 35% men and 65% women.

By race, the largest number of students enrolled was concentrated in White with 424 records, of which 72.2% were women and 27.8% men.

Completions

Concentrations

Most Common

School Counseling & Guidance Services
39 degrees awarded
Curriculum & Instruction
29 degrees awarded
General Biological Sciences
28 degrees awarded

In 2023, the most common concentation for Masters Degree recipients in Hobbs, NM was School Counseling & Guidance Services with 39 degrees awarded.

This visualization illustrates the percentage of students graduating with a Masters Degree from schools in Hobbs, NM according to their major.

Universities

Gender

Race

University of the Southwest

Largest Universities by degrees awarded

290 degrees awarded

In 2023, the institution with the largest number of graduating students was University of the Southwest with 290 degrees awarded.

Student Diversity

University

In 2023, 82 men were awarded degrees from institutions in Hobbs, NM, which is 0.394 times less than the 208 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 136 degrees mean that there were 1.55 times more degrees awarded to White students then the next closest race/ethnicity group, Hispanic or Latino, with 88 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($16,470) is the sector with the highest median state tuition in 2023.

Private not-for-profit, 4-year or above ($200) is the sector with the highest median state fee in 2023.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Hobbs, NM was $191,300 in 2024, which is 0.575 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $180,700 to $191,300, a 5.87% increase. The homeownership rate in Hobbs, NM is 66%, which is higher than the national average of 65.2%.

People in Hobbs, NM have an average commute time of 23.8 minutes, and they drove alone to work. Car ownership in Hobbs, NM is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$191,300

Median Property Value 2024

±$12,391

$9,379

Median Property Taxes

±$940

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Hobbs, NM the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Hobbs, NM compared to it's parent and neighbor geographies.

Rent vs Own

66%

Homeownership

2024

67.9%

Homeowners with Mortgage

2024

In 2024, 66% of the housing units in Hobbs, NM were occupied by their owner. This percentage grew from the previous year's rate of 62.8%.

This chart shows the percentage of owner in Hobbs, NM compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$64,021

Median Household Income

± $6,762

14.2k

Number of Households

± 1,186

In 2024, the median household income of the 14.2k households in Hobbs, NM declined from $64,021 from the previous year's value of $65,691.

The following chart displays the households in Hobbs, NM distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Hobbs, NM is from New Mexico.

0.462

2023 Wage GINI in New Mexico

0.462

2022 Wage GINI in New Mexico

In 2023, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.0654% growth from 2022 to 2023, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.476. In other words, wages are distributed more evenly in New Mexico in comparison to the national average.

This chart shows the number of workers in New Mexico across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (76.1%)
Carpooled (18.5%)
Worked At Home (2.32%)

In 2024, 76.1% of workers in Hobbs, NM drove alone to work, followed by those who carpooled to work (18.5%) and those who worked at home (2.32%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

23.8 minutes

Average Travel Time

Using averages, employees in Hobbs, NM have a shorter commute time (23.8 minutes) than the normal US worker (26.4 minutes). Additionally, 9.53% of the workforce in Hobbs, NM have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Hobbs, NM compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Hobbs, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Hobbs, NM have 2 cars.

Poverty

Poverty & Diversity

19.7% of the population for whom poverty status is determined in Hobbs, NM (7.59k out of 38.6k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females 6 - 11 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Hobbs, NM is Hispanic, followed by Two Or More and White.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

84.7% of the population of Hobbs, NM has health coverage, with 37.6% on employee plans, 31.5% on Medicaid, 7.14% on Medicare, 8.04% on non-group plans, and 0.396% on military or VA plans.

Primary care physicians in New Mexico see 1,344 patients per year on average, which represents a 0% change from the previous year (1,344 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 215 patients per year.

By gender, of the total number of insured persons, 51.5% were men and 48.5% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 30.8% under 18 years, 23.8% between 18 and 34 years, 33.5% between 35 and 64 years, and 11.9% over 64 years.

By gender, of the total number of insured persons, 51.5% were men and 48.5% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

15.3%

Uninsured

37.6%

Employer Coverage

31.5%

Medicaid

7.14%

Medicare

8.04%

Non-Group

0.396%

Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Hobbs, NM grew by 2.11% from 15% to 15.3%.

The following chart shows how the percent of uninsured individuals in Hobbs, NM changed over time compared with the percent of individuals enrolled in various types of health insurance.

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