Hobbs city, New Mexico Demographics & Population 2026
As of 2026, Hobbs city, New Mexico has a total population of 39,887, the 7th largest city in New Mexico, with a median household income of $65,691, which is 6% higher than the state average. The poverty rate is 20.5%.
Hobbs city Quick Facts
How Hobbs city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 61 | National average: 60
Education
Educational Attainment (Adults 25+)
Hobbs city Rankings in New Mexico
Explore New Mexico Rankings
Cities Similar to Hobbs city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Clovis city | 38,153 | $54,029 | $160,000 | 21.3% | 22.3% |
| Farmington city | 46,339 | $63,745 | $225,400 | 22.8% | 19.7% |
| South Valley CDP | 36,605 | $51,062 | $205,200 | 14.7% | 19.2% |
| Carlsbad city | 31,813 | $78,277 | $187,900 | 20.3% | 13.0% |
| Roswell city | 47,823 | $50,294 | $139,200 | 19.6% | 24.2% |
Population Overview
Hobbs city is a mid-sized community located in New Mexico. The total population is 39,887. It ranks as the 7th most populous out of 492 cities and towns in New Mexico.
Age Demographics
The median age in Hobbs city is 31.7 years. This is 19% lower than the state median of 39.2 years. With 28.8% of the population under 18, Hobbs city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Hobbs city is $65,691. This is 6% higher than the state median of $62,125. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 20.5%. This is 13% higher than the state poverty rate of 18.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.6%. This is 11% higher than the state rate of 6.0%. The median home value is $180,700. Housing costs are 22% lower than the state median of $232,200. With a home-value-to-income ratio of just 2.8x, Hobbs city is one of the most affordable housing markets in the area. 62.8% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 69.3%.
Race & Ethnicity
The largest racial or ethnic group in Hobbs city is Hispanic or Latino, making up 61.9% of the population. White (non-Hispanic) residents account for 29.1%. The Black or African American population is significantly higher than the state average (5.2% vs 1.8%).
Education
16.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% lower than the state rate of 30.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 75.9%.
Data Sources & Methodology
All demographic data for Hobbs city, New Mexico is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Mexico state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 492 Census-designated places in New Mexico. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Hobbs city, New Mexico?
Hobbs city, New Mexico has a population of 39,887 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Hobbs city, NM?
The median household income in Hobbs city is $65,691, which is 16% lower the national median of $78,538.
What is the poverty rate in Hobbs city, NM?
The poverty rate in Hobbs city is 20.5%. This means approximately 7,806 residents live below the federal poverty line.
What is the racial makeup of Hobbs city, New Mexico?
Hobbs city's population is 29.1% White, 5.2% Black, 61.9% Hispanic/Latino, and 0.9% Asian.
What is the median home value in Hobbs city, NM?
The median home value in Hobbs city is $180,700. The home-value-to-income ratio is 2.8x.
How educated is Hobbs city, New Mexico?
16.6% of adults (25+) in Hobbs city hold a bachelor's degree or higher, and 6.5% hold a graduate or professional degree.