Is North Hobbs, New Mexico a Good Place To Live? - Living In North Hobbs, NM
Is North Hobbs, New Mexico a good place to live?
North Hobbs is a city in New Mexico state in USA with a population of 5860 residents..
The poverty rate of North Hobbs is 9.4%, which is 33% lower than national average.
The typical household in North Hobbs earns $71272 a year, compared to the national median of $67,500.
Nearly 33.3% 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 North Hobbs, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of North Hobbs remained 7.2%, which is 53% 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 North Hobbs, only 13% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in North Hobbs is 96, which is 4% lower than national average. Median home value in North Hobbs is $184100 , which is 20% lower than national average. While median income in North Hobbs remained $71272, which is 6% higher than national average.
A high school education is a basic prerequisite for most jobs, and in North Hobbs, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of North Hobbs remained 7.2%, which is 53% 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 North Hobbs, only 13% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in North Hobbs is 96, which is 4% lower than national average. Median home value in North Hobbs is $184100 , which is 20% lower than national average. While median income in North Hobbs remained $71272, which is 6% higher than national average.
Population
5860
Unemployment
7.2%
Poverty
9.4%
Overall Score
6
Median Home Cost
$184100
20%
NAT AVG.
Median Income
$71272
6%
NAT AVG.
Median Rent
$989
15%
NAT AVG.
Cost Of Living
96
4%
NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 14
People Earning < $10,000
1 in 15
People Earning < $50,000
33.3%
People with <= High School
1 in 1.7
People With Any Degree
1 in 4.8
Pros & Cons Overview
Jobs70%
Housing80%
Affordability80%
Safety60%
Amenities60%
Diversity85%
Education40%
Commute85%
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