Monument vs North Hobbs

A side-by-side comparison of Monument and North Hobbs: population, income, housing, and more.

Monument and North Hobbs are places in New Mexico. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

North Hobbs has the higher population (6,099 vs 437 in Monument). Monument has the higher median home value ($265,900 vs $233,200 in North Hobbs). Since 2019, Monument's population has grown faster (+226.1% vs -3.2%).

Population, income & housing

	Monument	North Hobbs
Population	437	6,099
Median age	26.4 yrs	34.8 yrs
Median household income	—	$89,279
Median home value	$265,900	$233,200
Median gross rent	—	$1,109
Housing units	124	2,157
Homeownership rate	48.4%	88.2%
Bachelor's degree or higher	0.0%	11.5%
Unemployment rate	0.0%	9.7%

Trends (ACS 5-year, 2019–2023)

	Monument	North Hobbs
Population	134 → 437 (+226.1%)	6,301 → 6,099 (-3.2%)
Median household income	—	$70,230 → $89,279 (+27.1%)
Median home value	$134,100 → $265,900 (+98.3%)	$186,000 → $233,200 (+25.4%)
Median gross rent	—	$1,007 → $1,109 (+10.1%)

Monument

Population

134437

Median home value

$134,100$265,900

North Hobbs

Population

6,3016,099

Median household income

$70,230$89,279

Median home value

$186,000$233,200

Median gross rent

$1,007$1,109

Age & race/ethnicity

Age distribution (share)

	Monument	North Hobbs
Under 5	12.6%	5.7%
5 to 17	28.4%	20.8%
18 to 24	3.0%	10.4%
25 to 34	31.8%	13.4%
35 to 44	2.3%	11.8%
45 to 54	0.0%	12.3%
55 to 64	18.3%	13.4%
65 to 74	1.6%	6.9%
75 and over	2.1%	5.4%

Race & ethnicity (share)

	Monument	North Hobbs
White (non-Hispanic)	3.7%	46.8%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.6%
Two or more races	15.1%	0.9%
Hispanic or Latino	81.2%	51.6%

Educational attainment (age 25+)

Share of adults 25+

	Monument	North Hobbs
No high school diploma	60.8%	17.7%
High school graduate	24.1%	44.4%
Some college or associate's	15.1%	26.4%
Bachelor's degree	0.0%	5.9%
Graduate or professional degree	0.0%	5.6%

Commute to work

How workers get to work (share)

	Monument	North Hobbs
Drove alone	84.3%	80.1%
Carpooled	15.7%	16.9%
Public transit	0.0%	0.0%
Walked	0.0%	0.6%
Bicycle	0.0%	0.0%
Worked from home	0.0%	0.6%
Other means	0.0%	1.8%

Housing

Units in structure (share)

	Monument	North Hobbs
1-unit, detached	48.4%	67.0%
1-unit, attached	0.0%	0.4%
2 to 4 units	0.0%	0.0%
5 to 19 units	0.0%	0.3%
20 or more units	0.0%	1.1%
Mobile home & other	51.6%	31.2%

Poverty & households

	Monument	North Hobbs
Poverty rate	10.5%	13.0%
Average household size	3.52	3.15
Mean commute (minutes)	—	17
Median year structure built	1990	1989