Median Income
$78,608
household / year
Median Home Value
$208,000
owner-occupied
Median Rent
$1,085
gross / month
Cost of Living
96
national avg = 100

Is North Hobbs, NM a Good Place to Live?

North Hobbs is a small town of 5,863 in New Mexico, with a median household income of $78,608 and a 11.3% unemployment rate. Its cost of living index is 96 (US average = 100), which is 4% below the national average.

Strengths: North Hobbs stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether North Hobbs is right for you depends on your priorities — the full breakdown is below.

All North 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: 95.5

North Hobbs's overall cost of living index is 95.5, where 100 represents the US national average. Living in North Hobbs costs roughly 4% less than the average American city.

Metric North Hobbs, NM National Avg
Median Home Value $208,000 $244,900
Median Monthly Rent $1,085 $1,163
Homeownership Rate 81.8% 65.9%
Median Household Income $78,608 $74,755

Crime & Safety

Higher than Average

North Hobbs's violent crime rate is 558.6 per 100,000 residents — 47% higher than the national average of ~380 per 100,000.

Violent Crime
558.6 /100k
Property Crime
2953.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric North Hobbs, NM National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 16.7% 35.4%
High School Diploma or Higher 82.2% 91.1%

Weather & Climate

North 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.

MetricNorth Hobbs, NM
Average High — January55.1°F
Average High — July94.1°F
Annual Precipitation13.8"
Annual Snowfall1.8"

Demographics

MetricNorth Hobbs, NMNational Avg
Population5,863
Median Age36.238.9
Unemployment Rate11.3%3.7%
Avg Commute Time19.3 min26 min
White (non-Hispanic)75.5%59.3%
Black or African American0.0%13.6%
Hispanic or Latino22.7%18.9%
Asian0.1%6.3%
Under 1827.5%22.2%
65 and over11.4%16.8%

Nearby Cities

ZIP Codes in North Hobbs

North Hobbs, NM is covered by 1 ZIP code:

North Hobbs vs Other Cities

Frequently Asked Questions

North Hobbs's cost of living index is 96, where 100 is the national average. That makes North Hobbs roughly 4% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $208,000 and median rent is $1,085/month.
North Hobbs's violent crime rate is 558.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2953.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
North Hobbs, NM has a population of 5,863, a median household income of $78,608, and an unemployment rate of 11.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
North 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).
North Hobbs, NM is covered by 1 ZIP code: 88242.
The population of North Hobbs, New Mexico is 5,863 with a median age of 36.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in North Hobbs: cost of living index 96 (100 = US average), median home $208,000, median household income $78,608, crime index 144 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare North Hobbs side by side with your current city to see the trade-offs.