Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Located in the state of New Mexico, Hobbs is a medium-sized city with a population of 39,472 residents. The majority of Hobbs residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Hobbs are of Hispanic or Latino origin, and 35% of the population also speak Spanish. Hobbs could be a great place for young adults and students as the average age of 31 years old is below the nation’s average.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Hobbs, New Mexico could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like crime, commute, health & safety, employment, you can easily compare the best places to live in Hobbs and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Hobbs to New Mexico and the national average.
The livability score in Hobbs is 65/100 and the city is ranked in the 58th percentile of all cities across America. For each of the livability categories, we can establish that Hobbs ranks very well for amenities (B-), cost of living (A+) and housing (A+). Hobbs does not do well for the following: crime (F) and education (F). It might be wise to take a closer look at each category to find out why.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Hobbs excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Hobbs. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Hobbs are affordable. Median real estate prices in Hobbs come in at $261,582, which is 7.7% lower than the New Mexico average. The home price to income ratio compares the median home prices to the median household income. In Hobbs, the home price to income ratio is 3.1, which is 26.2% lower than the New Mexico average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Hobbs | New Mexico | National |
| Average one way commute | 22min | 22min | 26min |
| Workers who drive to work | 84.3% | 79.8% | 76.4% |
| Workers who carpool | 12.9% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.6% | 2.2% | 2.8% |
| Working from home | 1.7% | 4.7% | 4.6% |
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