Hobbs is a city in New Mexico state in USA with a population of 38475 residents.. The poverty rate of Hobbs is 19.1%, which is 36% higher than national average. The typical household in Hobbs earns $57646 a year, compared to the national median of $67,500. Nearly 42.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hobbs, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hobbs remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hobbs, only 16% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Hobbs is 88, which is 12% lower than national average. Median home value in Hobbs is $144000 , which is 37% lower than national average. While median income in Hobbs remained $57646, which is 15% lower than national average.