Everything You Should Know Before Moving to Hobbs, NM
Thinking of moving to Hobbs, NM? With a population of 38,358 and affordable median home prices around $165,000, Hobbs offers budget-friendly living and spacious housing options. Residents enjoy a warm, sunny climate with 75% sunny days per year and quick 20-minute commutes. While the cost of living is well below the national average, be aware of higher property crime rates. Hobbs features friendly neighborhoods, local schools, and access to higher education at New Mexico Junior College and the University of the Southwest.
Demographics - Hobbs, NM
Hobbs, New Mexico is home to 38,358 residents with a youthful median age of 31.4, reflecting a diverse community where nearly 30% speak a language other than English at home. The population density is moderate, and the city has a balanced gender ratio. A significant portion of the population identifies as Hispanic or Latino, contributing to a vibrant local culture.
Population:
38,358
Density:
1,175 per sq mi
Median Age:
31.4
Gender Ratio:
99 males per 100 females
Non-English Speakers Percentage:
29.5%
Ethnic Composition
White:
23.2%
Black:
7.0%
Asian:
0.8%
Others:
69.0%
Cost Of Living
What is the average cost of living in Hobbs, NM?
Hobbs offers a cost of living index of 86.4, making it notably more affordable than the national average. Median home values are around $165,000 and average rent is $950, providing budget-friendly housing options. Utility and grocery costs are also modest, helping residents manage everyday expenses easily.
Median House Value:
$165,000
Gross Rent:
$950
Monthly Electricity Charges:
$110
Auto Insurance:
$1,210
House Owner Cost With Mortgage:
$1,150
House Owner Cost Without Mortgage:
$350
State Taxes:
Low:
1.7%
|
High:
5.9%
Cost Of Living Index:
86.4
Grocery:
92.9
Housing:
61.3
Utilities:
96.5
Transportation:
88.2
Health Care:
90.5
Miscellaneous:
93.8
Crime
Is Hobbs, NM a safe place to live?
While Hobbs maintains a small-town feel, property crime rates are higher than average, with a 1 in 28 chance of experiencing property-related incidents. Violent crime is less common, with a rate of 481 per 100,000 people. Residents are encouraged to be mindful of safety, especially in certain neighborhoods.
Violent Crimes Per 100k:
481
Property Crimes Per 100k:
3,611
Crime Index:
4,092
Chance Of Violent Crime:
1 in 208
Chance Of Property Crime:
1 in 28
Weather
What is the weather like in Hobbs, NM year-round?
Hobbs enjoys a warm, sunny climate with about 75% of days filled with sunshine and just over 15 inches of annual rainfall. Winters are mild with lows around 28°F, while summers can get hot, reaching highs near 93°F. The pleasant weather supports an active outdoor lifestyle year-round.
Winter
Min:
28°F
Max:
56°F
Spring
Min:
45°F
Max:
80°F
Summer
Min:
66°F
Max:
93°F
Fall
Min:
44°F
Max:
78°F
Average Rainfall Inches:
15.2 inches
Sunny Days Percentage:
75%
Neighbors
Average household incomes in Hobbs reach about $62,000, though nearly 20% of residents live below the poverty line. The community has a short average commute of less than 20 minutes, and public transportation use is minimal. Most adults have at least a high school diploma, but college graduation rates are lower than the national average.
Median Income:
$36,000
Household Income:
$62,000
Family Income:
$72,000
Per Capita Income:
$23,300
Income Male:
$44,500
Income Female:
$29,000
Poverty Rate:
19.8%
Non English Speakers:
29.5%
Rent:
$950
Unemployment Rate:
5.4%
Public Transport Usage:
0.7%
Commute Time:
19.7 minutes
Education
High School or Higher:
76.0%
Bachelors or More:
13.7%
Education
How are the schools in Hobbs, NM?
Hobbs provides a range of educational opportunities, from public schools like Hobbs High School to private options such as St. Helena Catholic School. The city is home to New Mexico Junior College and the University of the Southwest, offering accessible higher education. Class sizes in local schools are moderate, supporting student engagement and learning.
Public Schools
Name:
Hobbs High School
Street:
800 N Jefferson St
Phone:
575-433-0200
Students:
2,100
Student Teacher Ratio:
18.3
Name:
Heizer Middle School
Street:
500 E Stanolind Rd
Phone:
575-433-1300
Students:
600
Student Teacher Ratio:
16.5
Private Schools
Name:
St. Helena Catholic School
Street:
105 E. Rosewood Dr
Phone:
575-393-6657
Students:
130
Colleges
Name:
New Mexico Junior College
City:
Hobbs
State:
NM
Distance:
0 miles
Students:
3,200
Name:
University of the Southwest
City:
Hobbs
State:
NM
Distance:
2 miles
Students:
1,000
Healthcare
Healthcare in Hobbs is anchored by Lea Regional Medical Center, offering general and emergency services. The city has 1.2 physicians per 1,000 residents and over 83% of the population is covered by health insurance. Access to essential medical care is reliable within the community.
Major Hospitals
Name:
Lea Regional Medical Center
Address:
5419 N Lovington Hwy, Hobbs, NM 88240
Phone:
(575) 492-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.2
Health Insurance Coverage:
83.8%
Health Care Index:
61.4
Housing Market
What is the housing market like in Hobbs, NM?
The housing market in Hobbs is affordable, with a median home price of $165,000 and average rent for a two-bedroom at $950. Most homes are owner-occupied and vacancy rates are moderate, making it easier for newcomers to find suitable housing. Home values have seen steady appreciation, providing stability for homeowners.
Median Home Price:
$165,000
Average Rent For 2 Bedroom:
$950
Owner Occupied Rate:
62.8%
Rental Vacancy Rate:
8.3%
Home Appreciation Rate (1yr):
3.2%
New Construction Rate:
1.5%
Foreclosure Rate:
0.8%
DMV Information
Hobbs residents are served by the New Mexico Motor Vehicle Division located locally on North Dalmont Street. The office provides essential licensing, registration, and vehicle services and is easily accessible for those living in the city. For more information, residents can visit the state DMV website or contact the office directly.
State:
New Mexico
Department:
New Mexico Motor Vehicle Division
Address:
301 N Dalmont St, Hobbs, NM 88240
Phone:
1-888-683-4636
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.