EconPulse

place

Hobbs city, New Mexico

NM · population 40,252 · GEOID 3532520

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±27 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

40,252

1.90% of New Mexico · 40,252 of 2,120,246

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±27 · pulled 2026-10-31

Unemployment

No unemployment series for this place.

Median gross rent

$1,112

better than the United States

This place $1,112
New Mexico $1,067
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output

No output series for this place.

Federal obligations

No federal obligations series for this place.

More about this place

Median age 32.5 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 17.3% U.S. Census Bureau · 2020-2024
Poverty rate 19.7% U.S. Census Bureau · 2020-2024
Labor force participation 61.9% U.S. Census Bureau · 2020-2024
Median home value $191,300 U.S. Census Bureau · 2020-2024
Median household income $64,021 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 6.3% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of New Mexico 1.90% U.S. Census Bureau · 2020-2024