Hobbs SnackAbility
Overall SnackAbility
Cost of living in Hobbs summary. We use data on the cost of living to determine how expensive it is to live in Hobbs. Real estate prices drive most of the variance in cost of living around New Mexico. Key points include:
The cost of living in Hobbs is 91 with 100 being average.
The cost of living in Hobbs is 0.9x lower than the national average.
The median home value in Hobbs is $207,135.
The median income in Hobbs is $64,021.
Hobbs's Overall Cost Of Living
Lower Than The National Average
Cost Of Living In Hobbs Comparison Table
| Living Expense | Hobbs | New Mexico | National Average |
|---|---|---|---|
| Overall | 91 | 93 | 100 |
| Services | 99 | 98 | 100 |
| Groceries | 97 | 96 | 100 |
| Health | 86 | 86 | 100 |
| Housing | 98 | 99 | 100 |
| Transportation | 98 | 95 | 100 |
| Utilities | 93 | 94 | 100 |
Source: Cost of living index, normalized to US average = 100
Hobbs, NM Weather
The average high in Hobbs is 75.7° and the average low is 46.8°.
There are 30.3 days of precipitation each year.
Expect an average of 15.3 inches of precipitation each year with 3.8 inches of snow.
| Stat | Hobbs |
|---|---|
| Average Annual High | 75.7 |
| Average Annual Low | 46.8 |
| Annual Precipitation Days | 30.3 |
| Average Annual Precipitation | 15.3 |
| Average Annual Snowfall | 3.8 |
Average High
Days of Rain
Source: NOAA climate normals (30-year)
Hobbs, NM Photos
Rankings & Articles For Hobbs
Locations Around Hobbs
Map Of Hobbs, NM
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Hobbs Demographics And Statistics
Population over time in Hobbs
The current population in Hobbs is 40,252. The population has increased 22.2% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 40,252 | 0.9% |
| 2023 | 39,887 | 0.3% |
| 2022 | 39,782 | 0.8% |
| 2021 | 39,476 | 2.6% |
| 2020 | 38,475 | 0.3% |
| 2019 | 38,375 | 0.8% |
| 2018 | 38,052 | 1.7% |
| 2017 | 37,427 | 1.5% |
| 2016 | 36,863 | 1.9% |
| 2015 | 36,191 | 2.4% |
| 2014 | 35,343 | 1.9% |
| 2013 | 34,684 | 1.7% |
| 2012 | 34,111 | 1.6% |
| 2011 | 33,578 | 1.9% |
| 2010 | 32,940 | - |
Race / Ethnicity in Hobbs
See the full breakdown
Hobbs is:
28.2% White with 11,331 White residents.
5.1% African American with 2,072 African American residents.
0.6% American Indian with 250 American Indian residents.
1.0% Asian with 392 Asian residents.
0.0% Hawaiian with 12 Hawaiian residents.
0.2% Other with 79 Other residents.
2.0% Two Or More with 799 Two Or More residents.
62.9% Hispanic with 25,317 Hispanic residents.
| Race | Hobbs | NM | USA |
|---|---|---|---|
| White | 28.2% | 36.0% | 57.4% |
| African American | 5.1% | 1.8% | 11.9% |
| American Indian | 0.6% | 8.5% | 0.5% |
| Asian | 1.0% | 1.6% | 5.9% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 0.2% | 0.5% | 0.6% |
| Two Or More | 2.0% | 3.1% | 4.3% |
| Hispanic | 62.9% | 48.4% | 19.3% |
Gender in Hobbs
See the full breakdown
Hobbs is 47.2% female with 19,007 female residents.
Hobbs is 52.8% male with 21,245 male residents.
| Gender | Hobbs | NM | USA |
|---|---|---|---|
| Female | 47.2% | 50.3% | 50.5% |
| Male | 52.8% | 49.7% | 49.5% |
Highest level of educational attainment in Hobbs for adults over 25
See the full breakdown
11.0% of adults in Hobbs completed < 9th grade.
13.0% of adults in Hobbs completed 9-12th grade.
31.0% of adults in Hobbs completed high school / ged.
18.0% of adults in Hobbs completed some college.
9.0% of adults in Hobbs completed associate's degree.
10.0% of adults in Hobbs completed bachelor's degree.
6.0% of adults in Hobbs completed master's degree.
1.0% of adults in Hobbs completed professional degree.
1.0% of adults in Hobbs completed doctorate degree.
| Education | Hobbs | NM | USA |
|---|---|---|---|
| < 9th Grade | 11.0% | 5.0% | 4.0% |
| 9-12th Grade | 13.0% | 7.0% | 6.0% |
| High School / GED | 31.0% | 26.0% | 26.0% |
| Some College | 18.0% | 22.0% | 19.0% |
| Associate's Degree | 9.0% | 9.0% | 9.0% |
| Bachelor's Degree | 10.0% | 17.0% | 22.0% |
| Master's Degree | 6.0% | 10.0% | 10.0% |
| Professional Degree | 1.0% | 2.0% | 2.0% |
| Doctorate Degree | 1.0% | 2.0% | 2.0% |
Household Income For Hobbs, New Mexico
See the full breakdown
9.2% of households in Hobbs earn Less than $10,000.
4.6% of households in Hobbs earn $10,000 to $14,999.
7.3% of households in Hobbs earn $15,000 to $24,999.
8.5% of households in Hobbs earn $25,000 to $34,999.
10.0% of households in Hobbs earn $35,000 to $49,999.
18.0% of households in Hobbs earn $50,000 to $74,999.
11.3% of households in Hobbs earn $75,000 to $99,999.
12.4% of households in Hobbs earn $100,000 to $149,999.
8.6% of households in Hobbs earn $150,000 to $199,999.
10.0% of households in Hobbs earn $200,000 or more.
| Income | Hobbs | NM | USA |
|---|---|---|---|
| Less than $10,000 | 9.2% | 6.6% | 5.0% |
| $10,000 to $14,999 | 4.6% | 5.1% | 3.4% |
| $15,000 to $24,999 | 7.3% | 8.5% | 6.3% |
| $25,000 to $34,999 | 8.5% | 8.4% | 6.6% |
| $35,000 to $49,999 | 10.0% | 11.2% | 10.1% |
| $50,000 to $74,999 | 18.0% | 16.9% | 15.5% |
| $75,000 to $99,999 | 11.3% | 12.4% | 12.6% |
| $100,000 to $149,999 | 12.4% | 15.5% | 17.5% |
| $150,000 to $199,999 | 8.6% | 7.6% | 9.6% |
| $200,000 or more | 10.0% | 7.8% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
