Hobbs, NM population, income and ZIP codes

Hobbs city is a small city in New Mexico, with 39,887 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #7 of 527 ranked by population — larger than 98% of them. The median age here is 31.7 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Hobbs city earn a median of $65,691 a year, 16.4% below the national figure of $78,538 and 22% above the $54,029 median for the 153 New Mexico cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 20.5% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Hobbs city is valued at $180,700, 40.4% below the national figure and 5% below the $190,000 peer median, while median gross rent runs $1,132 a month, 19.5% below the national figure, or roughly $13,584 across a full year. A household on the local median income would put about 20.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.8×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 62.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.