Hobbs

Population: 39,887
Median household income: $65,691
Median home value: $180,700

Located in Lea County, New Mexico, Hobbs is a community with a population of 39,887. Its median household income of $65,691 runs below the Lea County figure of $68,750.

Between 2019 and 2023, Hobbs's population grew 3.9% from 38,375 to 39,887, while its median home value rose 28.5% from $140,600 to $180,700.

16.6% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 62.8% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 39,887
Median age: 31.7 yrs
Median household income: $65,691
Median home value: $180,700
Median gross rent: $1,132
Housing units: 15,687
Homeownership rate: 62.8%
Bachelor's degree or higher: 16.6%
Unemployment rate: 6.6%

Trends

ACS 5-year · 2019–2023

Population

38,37539,887

Median household income

$59,020$65,691

Median home value

$140,600$180,700

Median gross rent

$895$1,132

Year	Population	Median household income	Median home value	Median gross rent
2019	38,375	$59,020	$140,600	$895
2020	38,475	$57,646	$144,000	$923
2021	39,476	$59,232	$146,300	$982
2022	39,782	$63,804	$165,000	$1,067
2023	39,887	$65,691	$180,700	$1,132

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.5%

5 to 1720.4%

18 to 2411.2%

25 to 3415.3%

35 to 4413.1%

45 to 5410.4%

55 to 649.8%

65 to 747.4%

75 and over3.9%

	Count	Share
Under 5	3,373	8.5%
5 to 17	8,131	20.4%
18 to 24	4,486	11.2%
25 to 34	6,105	15.3%
35 to 44	5,211	13.1%
45 to 54	4,145	10.4%
55 to 64	3,908	9.8%
65 to 74	2,970	7.4%
75 and over	1,558	3.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	11,629	29.2%
Black or African American	2,087	5.2%
American Indian & Alaska Native	290	0.7%
Asian	374	0.9%
Native Hawaiian & Pacific Islander	8	0.0%
Some other race	95	0.2%
Two or more races	706	1.8%
Hispanic or Latino (any race)	24,698	61.9%

Educational attainment (age 25+)

No high school diploma24.1%

High school graduate32.3%

Some college or associate's26.9%

Bachelor's degree10.1%

Graduate or professional degree6.5%

	Count	Share
No high school diploma	5,759	24.1%
High school graduate	7,725	32.3%
Some college or associate's	6,440	26.9%
Bachelor's degree	2,416	10.1%
Graduate or professional degree	1,557	6.5%

Commute to work

Mean travel time to work: 25 min

Drove alone78.6%

Carpooled16.9%

Public transit0.3%

Walked1.4%

Bicycle0.1%

Worked from home2.2%

Other means0.6%

How workers get to work

	Count	Share
Drove alone	13,398	78.6%
Carpooled	2,878	16.9%
Public transit	54	0.3%
Walked	235	1.4%
Bicycle	14	0.1%
Worked from home	377	2.2%
Other means	98	0.6%

Travel time

	Count	Share
Under 15 min	9,165	55.0%
15 to 29 min	3,422	20.5%
30 to 44 min	1,219	7.3%
45 to 59 min	679	4.1%
60+ min	2,192	13.1%

Households

Average household size: 2.71
Poverty rate: 20.5% (7,806 of 38,161)

	Count	Share
Family households	9,264	65.8%
Nonfamily households	4,813	34.2%

Housing

Median year structure built: 1977

Occupancy

	Count	Share
Occupied	14,077	89.7%
Vacant	1,610	10.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	8,844	62.8%
Renter-occupied	5,233	37.2%

1-unit, detached68.2%

1-unit, attached2.9%

2 to 4 units6.6%

5 to 19 units6.2%

20 or more units5.6%

Mobile home & other10.5%

Units in structure

	Count	Share
1-unit, detached	10,703	68.2%
1-unit, attached	462	2.9%
2 to 4 units	1,031	6.6%
5 to 19 units	973	6.2%
20 or more units	875	5.6%
Mobile home & other	1,643	10.5%

Geography

Place GEOID: 3532520
Type (LSAD): 25
Land area: 26 sq mi
Water area: 0.03 sq mi
Center point: 32.7291, -103.1606