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Hobbs, NM&

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1.86% growth
Median Age
Median Household Income
1.11% growth
Poverty Rate
Number of Employees
1.52% decline
Median Property Value
2.74% growth


The economy of Hobbs, NM employs 15,380 people. The economy of Hobbs, NM is specialized in Mining, Quarrying, Oil, Gas Extraction; Utilities; and Wholesale trade, which employ respectively 31.77; 2.26; and 1.99 times more people than what would be expected in a location of this size. The largest industries in Hobbs, NM are Mining, Quarrying, Oil, Gas Extraction (2,462), Retail trade (1,611), and Accommodation & Food Service (1,548), and the highest paying industries are Utilities ($70,769), Mining, Quarrying, Oil, Gas Extraction ($56,057), and Real Estate, Rental & Leasing ($50,500).

Median household income in Hobbs, NM is $57,535. Males in Hobbs, NM have an average income that is 1.9 times higher than the average income of females, which is $34,246. The income inequality of Hobbs, NM (measured using the Gini index) is 0.463 which is lower than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Hobbs, NM. In Lea County, NM the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 31 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,945. McKinley County, NM has the highest prevalence of homicides of any county in New Mexico.


Clinician to Patient Rates

The closest comparable data for the census place of Hobbs, NM is from the county of Lea County, NM.

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Hobbs, NM is home to a population of 36,863 people, from which 86.8% are citizens. The ethnic composition of the population of Hobbs, NM is composed of 21,280 Hispanic residents (57.7%), 12,317 White residents (33.4%), 2,017 Black residents (5.47%), 720 Two+ residents (1.95%), and 343 Native residents (0.93%). The most common foreign languages in Hobbs, NM are Spanish (14,040 speakers), French (124 speakers), and Navajo (112 speakers), but compared to other places, Hobbs, NM has a relative high number of Navajo (112 speakers), Spanish (14,040 speakers), and Other Native North American (23 speakers).


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In 2015 universities in Hobbs, NM awarded 233 degrees. The student population of Hobbs, NM is skewed towards females, with 75 male students and 158 female students. Most students in Hobbs, NM are White (125 and 53.6%), followed by Hispanic or Latino (45 and 19.3%), Black or African American (37 and 15.9%), and Unknown (22 and 9.4%). The largest universities in Hobbs, NM by number of graduates are University of the Southwest (233 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Hobbs, NM are School Counseling & Guidance Services (56 and 24%), Other Business Administration, Management, & Operations (24 and 10.3%), and Mental Health Counseling (24 and 10.3%). The median tuition costs in Hobbs, NM are N/A for private four year colleges, and $15,456 and $15,456 respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Hobbs, NM is $116,300, which is 0.57 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $113,200 to $116,300, a 2.74% increase. The homeownership rate of Hobbs, NM is 64%, which is higher than the national average of 63.6%. People in Hobbs, NM have an average commute time of 17.1 minutes, and they commute by Drove Alone. Car ownership in Hobbs, NM is approximately the same as the national average, with an average of 2 cars per household.


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United States
New Mexico
Lea County
Hobbs, NM
metropolitan statistical area
Far Southeast New Mexico PUMA
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