North Hobbs CDP
New Mexico
Nestled in the heart of New Mexico, North Hobbs offers a compelling blend of affordability and community charm. With a population of just under 6,000 residents, this close-knit community boasts a median home value of $208,000, significantly lower than the national average, making it an attractive option for first-time homebuyers and those seeking a more budget-friendly lifestyle. The median household income of $78,608 is a testament to the area's economic stability, providing residents with a comfortable standard of living. Living here is all about enjoying the simple pleasures, from friendly neighbors to the vast open spaces that define the New Mexican landscape.
From an investment perspective, North Hobbs presents a solid opportunity. While specific employment figures aren't available, the strong median income suggests a healthy local economy. The housing market, with its lower-than-average home values, promises a good return on investment. Though walkability isn't a strong suit, with a walk score below the national average, the area's overall safety and affordability make it ideal for families, retirees, and anyone looking to escape the high costs of big-city living. This is a place where your money stretches further, allowing you to enjoy a comfortable lifestyle while building equity in your home.
North Hobbs CDP, New Mexico at a Glance
North Hobbs CDP is a neighborhood in New Mexico with a population of approximately 5,863. The median home value is $208,000 and the median household income is $78,608.. The violent crime rate is 2.9 per 1,000 residents, which is 19% below the national average.. Median rent is $1,085 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$208,000
Median Income
$78,608
Population
5,863
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 5,863
- Median Age
- N/A
- Median Household Income
- $78,608
5% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 15.4%
24% above nat'l avg
- Median Home Value
- $208,000
26% below nat'l avg
- Median Rent
- $1,085
7% below nat'l avg
- Homeownership Rate
- 81.8%
24% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 2.9 per 1K
19% below nat'l avg
- Property Crime Rate
- 0.5 per 1K
97% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 11.3%
205% above nat'l avg
- Poverty Rate
- 15.4%
24% above nat'l avg
Political Landscape
→ Politically stable
Based on Torrance County county-level presidential election data
Culture & Things to Do in North Hobbs CDP
Lea County Fair & Rodeo
Annual fair and rodeo featuring livestock shows, carnival rides, and rodeo events.
Hobbs International Festival
A celebration of diverse cultures with food, music, and performances.
Lovington Christmas Parade
A festive parade with floats and holiday cheer.
Hobbs Christmas Parade
A festive parade with floats and holiday cheer.