Hobbs is a small city of 39,782 in New Mexico, with a median household income of $63,804
and a 7.4% unemployment rate.
Its cost of living index is 94 (US average = 100), which is
6% below the national average.
Strengths:
Hobbs stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs:
Potential downsides include a higher-than-average crime index, an elevated unemployment rate. Whether Hobbs is right for you depends on your priorities — the full breakdown is below.
All Hobbs city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.2
Hobbs's overall cost of living index is 94.2,
where 100 represents the US national average.
Living in Hobbs costs roughly 6% less than the average American city.
Metric
Hobbs, NM
National Avg
Median Home Value
$165,000
$244,900
Median Monthly Rent
$1,067
$1,163
Homeownership Rate
61.4%
65.9%
Median Household Income
$63,804
$74,755
Crime & Safety
High Crime
Hobbs's violent crime rate is 790.3 per 100,000 residents
— 108% higher than the national average of ~380 per 100,000.
Violent Crime
790.3 /100k
Property Crime
3751.4 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Hobbs is served primarily by HOBBS.
The student-to-teacher ratio is 16.4:1
(slightly above the national average of ~16:1).
Metric
Hobbs, NM
National Avg
School District
HOBBS
—
Elementary Schools
13
—
Middle Schools
3
—
High Schools
2
—
Student/Teacher Ratio
16.4:1
16:1
Bachelor's Degree or Higher
15.7%
35.4%
High School Diploma or Higher
77.3%
91.1%
Weather & Climate
Hobbs sees average highs of 55.1°F in January
and 94.1°F in July,
with 13.8 inches of annual precipitation
and 1.8 inches of snow per year.
Hobbs's cost of living index is 94, where 100 is the national average.
That makes Hobbs roughly 6% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $165,000 and median rent is $1,067/month.
Hobbs's violent crime rate is 790.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 3751.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Hobbs are operated by HOBBS.
The district has 13 elementary, 3 middle, and 2 high schools.
The student-to-teacher ratio is 16.4:1. 15.7% of adults 25+ hold a bachelor's degree or higher.
Hobbs, NM has a population of 39,782, a median household income of $63,804, and an unemployment rate of 7.4%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hobbs averages 55.1°F in January and 94.1°F in July. Annual rainfall is 13.8 inches
with about 1.8 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Hobbs, NM is covered by 2 ZIP codes: 88240, 88244.
The population of Hobbs, New Mexico is 39,782 with a median age of 30.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hobbs: cost of living index 94 (100 = US average), median home $165,000, median household income $63,804, crime index 196 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Hobbs side by side with your current city to see the trade-offs.