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.
Hobbs is a mid-sized city located in the state of New Mexico. The city has a population of 38,475 residents. According to the most recent Census, 75% of Hobbs residents are White, 6% Black and 1% 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. The median age of all Hobbs residents is 31, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic.
Living in Hobbs can be a good experience for anyone relocating to the city. Having said that, in the state of New Mexico, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Hobbs and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the New Mexico and national averages.
Hobbs has a livability score of 66 out of 100 and is ranked #34 in New Mexico and #9,407 in the USA. If we examine each of the categories on their own, we see that Hobbs ranks well for amenities (B-), cost of living (A+) and housing (A+). Regrettably for Hobbs, there are some categories for which it does not score well, this includes: crime (F) and education (F).
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Hobbs apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
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 $144,000, which is 10.9% 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 2.5, which is 28.6% lower than the New Mexico average.
| 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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