Is Hobbs, New Mexico a Good Place To Live? - Living In Hobbs, NM

Is Hobbs, New Mexico a good place to live?
Hobbs is a city in New Mexico state in USA with a population of 38475 residents.. The poverty rate of Hobbs is 19.1%, which is 36% higher than national average. The typical household in Hobbs earns $57646 a year, compared to the national median of $67,500. Nearly 42.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hobbs, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hobbs remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hobbs, only 16% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Hobbs is 88, which is 12% lower than national average. Median home value in Hobbs is $144000 , which is 37% lower than national average. While median income in Hobbs remained $57646, which is 15% lower than national average.
Population
38475
Unemployment
7.8%
66% NAT AVG.
Poverty
19.1%
36% NAT AVG.
Overall Score
6
Median Home Cost
$144000
37% NAT AVG.
Median Income
$57646
15% NAT AVG.
Median Rent
$923
20% NAT AVG.
Cost Of Living
88
12% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 13
People Earning < $10,000
1 in 14
People Earning < $50,000
42.7%
People with <= High School
1 in 1.9
People With Any Degree
1 in 4
Pros & Cons Overview

Jobs60%

Housing70%

Affordability80%

Safety85%

Amenities85%

Diversity90%

Education40%

Commute80%