Hobbs, NM — City Data, Demographics & Statistics
Lea County · New Mexico
City DNA
A unique fingerprint for Hobbs based on 8 key metrics — compared to averages.
Quick Stats
Population
39,887
2023 ACS
Median Income
$65,691
2023
Median Home Value
$180,700
2023
Median Rent
$1,132
2023
Median Age
31.7
Unemployment
6.6%
Cost of Living Index
102.2
100 = national avg
Hobbs is a city in Lea County, New Mexico, with a population of 39,887 according to the 2023 American Community Survey. Hobbs is one of the communities in New Mexico.
The median household income in Hobbs is $65,691, and the median home value is $180,700. The cost of living index is 102.2 (where 100 = national average), and the median rent is $1,132 per month. The unemployment rate is 6.6%, and the median age is 31.7 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
39,887
Male
21,163
53.1%
Female
18,724
46.9%
Median Age
31.7
Education & Household
Bachelor's or Higher
10.0%
High School or Higher
29.3%
Foreign Born
17.3%
Veterans
2.8%
Married
34.1%
Avg Household Size
2.7
Marital Status by Age
Race & Ethnicity
Diversity Index
0.263
Simpson's Index (0-1)
Largest Group
White
48.7%
Foreign Born
17.3%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
61.9%
24,698 people
Not Hispanic/Latino
38.1%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
36,514
English Only
58.3%
#1 Non-English Language
Spanish
14,402 speakers
Limited English
15.5%
Language Distribution
English Proficiency
Speaks English Very Well
84.5%
Limited English Proficiency
15.5%
Veterans & Military
Total Veterans
1,124
2.8% of population
Disability Rate
20.6%
231 with disability
Veteran Median Income
$56,053
Unemployment Rate
5.0%
Period of Service
Veteran Age Distribution
Male Veterans
1,018
90.6%
Female Veterans
106
9.4%
Veteran vs Non-Veteran Income
Veteran Income
$56,053
Non-Veteran Income
$34,495
Difference
$21,558
62.5% higher
Disability Status
With Disability
231
Without Disability
893
Disability Rate
20.6%
Ancestry & Heritage
Total Reporting Ancestry
11,039
#1 Ancestry
American
6.9% (2,748)
#2 Ancestry
German
5.2% (2,064)
#3 Ancestry
English
4.8% (1,904)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
14,077
Family Households
9,264
65.8%
Married Couples
5,963
42.4%
Non-Family Households
4,813
34.2%
Single Mother Households
2,098
14.9%
Single Father Households
1,203
8.5%
Living Alone
4,157
29.5%
Children Under 18
Total Children
10,146
In Married Couple
5,049
49.8%
With Single Mother
2,886
28.4%
With Single Father
2,211
21.8%
Family Income
Median Family Income
$82,849
Married Couple Income
$99,909
Single Mother Income
$31,508
Single Father Income
$83,780
Avg Family Size
2.7
Avg Non-Family Size
2.8
Grandparents w/ Grandchildren
860
Grandparents Responsible
461
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$65,691
-10% vs national
Per Capita Income
$33,083
-11% vs national
Poverty Rate
20.5%
+50% vs national
Gini Index
0.5066
0 = perfect equality
Unemployment
6.6%
+27% vs national
SNAP Recipients
21.8%
of households
How Hobbs Compares
Hobbs vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Hobbs is highlighted.
Median Household Income
Hobbs, NM has a median household income of $65,691, making it the 13,944th highest median household income out of 28,123 cities in our database. This means that Hobbs has a higher median household income than 50% of all the cities we measured.
Per Capita Income
Hobbs, NM has a per capita income of $33,083, making it the 14,035th highest per capita income out of 28,123 cities in our database. This means that Hobbs has a higher per capita income than 50% of all the cities we measured.
Poverty Rate
Hobbs, NM has a poverty rate of 20.5%, making it the 6,909th highest poverty rate out of 31,262 cities in our database. This means that Hobbs has a higher poverty rate than 78% of all the cities we measured.
Unemployment Rate
Hobbs, NM has a unemployment rate of 6.6%, making it the 7,978th highest unemployment rate out of 31,012 cities in our database. This means that Hobbs has a higher unemployment rate than 74% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Hobbs. The median household income here is $65,691.
Income Distribution
Employment Snapshot
Unemployment Rate
6.6%
+3% vs NM avg
Labor Force
18,708
Employed
17,458
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
10.0%
of adults 25+
High School Diploma+
29.3%
of adults 25+
Median Age
31.7
Work from Home
2.2%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the New Mexico metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$100.2K
per year
Occupations Tracked
20
Cost of Living
Overall Index
102.2
100 = national avg
+2.2 vs national average
Living Wage (1 Adult)
$44,977
per year
Living Wage (Family of 4)
$106,309
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,068
per month
2 Bedroom
$1,324
per month
The median household income in Hobbs, NM is $65,691, which is 10.3% below the national average of $73,224. Per capita income is $33,083. The poverty rate of 20.5% is higher than the NM state average of 20.1%. The Gini index of income inequality is 0.5066, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.6%, compared to the state average of 6.4%. The labor force is 18,708. 10.0% of adults hold a bachelor's degree or higher. About 78.6% of workers drive alone to work. The overall cost of living index is 102.2, which is 2.2% above the national average. Housing costs are above the national average at an index of 105.5. A single adult needs to earn approximately $44,977 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$283,300
Median List Price
$292,350
Price Per Sq Ft
$154
Days on Market
18
Active Inventory
41
Months of Supply
2.3
Seller's market
Zillow Home Value
$206,003
ZHVI — January 2026
Zillow Rent Index
$1,347
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
0.0%
Off Market in 2 Weeks
48.1%
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
18
New Listings
34
Pending Sales
27
Price Per Square FootRedfin
Median Sale $/SF
$154
Median List $/SF
$164
Hobbs vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Hobbs is highlighted.
Median Home Value
Hobbs, NM has a median home value of $180,700, making it the 13,803rd highest median home value out of 27,993 cities in our database. This means that Hobbs has a higher median home value than 51% of all the cities we measured.
Median Rent
Hobbs, NM has a median rent of $1,132, making it the 7,578th highest median rent out of 22,337 cities in our database. This means that Hobbs has a higher median rent than 66% of all the cities we measured.
Median Price Per Sq Ft
Hobbs, NM has a price per square foot of $154, making it the 12,174th highest price per square foot out of 20,748 cities in our database. This means that Hobbs has a higher price per square foot than 41% of all the cities we measured.
Rent Burden
Hobbs, NM has a rent burden of 20.7%, making it the 7,870th highest rent burden out of 21,928 cities in our database. This means that Hobbs has a higher rent burden than 64% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$180,700
Median Rent
$1,132
Total Housing Units
15,687
Vacancy Rate
10.3%
Owner Occupied
62.8%
Renter Occupied
37.2%
Median Property Tax
$843
per year
Monthly Cost (w/ Mortgage)
$741
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$843
per year
Effective Tax Rate
0.47%
of home value
Median Home Value
$180,700
Estimated Mean Tax
$1,311
The effective property tax rate is calculated by dividing the median annual property tax ($843) by the median home value ($180,700). In Hobbs, NM, this works out to an effective rate of 0.47%. This is below the national average of approximately 1.1%.
The current median sale price in Hobbs, NM is $283,300 according to Redfin data. Homes spend a median of 18 days on the market. 0.0% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $154. Zillow's observed rent index is $1,347/month. About 62.8% of housing units are owner-occupied. The median year homes were built is 1977. There are 15,687 total housing units. Homeowners pay a median annual property tax of $843. The effective tax rate is 0.47%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
7.93
per 1,000 residents
+205% vs national
Property Crime Rate
37.51
per 1,000 residents
+118% vs national
Total Crimes
1,771
2024
Violent Clearance
28%
cases solved
Property Clearance
17%
cases solved
YoY Change
-10.5%
violent crime rate
improving vs 2023
How Hobbs Compares
Source: FBI (2024)Hobbs vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Hobbs is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Hobbs police solve 31% of aggravated assault cases but only 7% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 8 | 0.21 | 12.5% |
| Rape | Violent | 26 | 0.67 | 7.7% |
| Robbery | Violent | 20 | 0.51 | 25.0% |
| Aggravated Assault | Violent | 254 | 6.52 | 30.7% |
| Burglary | Property | 339 | 8.70 | 10.9% |
| Larceny/Theft | Property | 979 | 25.12 | 20.7% |
| Motor Vehicle Theft | Property | 144 | 3.69 | 6.9% |
Hobbs, NM reported 309 violent crimes and 1,462 property crimes in 2024. The violent crime rate of 7.93 per 1,000 residents is 205.0% above the national average of 2.60 per 1,000. Law enforcement cleared 28% of violent crimes. Larceny/theft accounts for 979 of the property crime reports. Firearms were involved in 34.6% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 309 | 1,462 | 7.93 | 37.51 |
| 2023 | 347 | 1,945 | 8.86 | 49.67 |
| 2022 | 371 | 1,881 | 9.53 | 48.34 |
| 2021 | 329 | 1,540 | 8.24 | 38.57 |
| 2020 | 274 | 1,698 | 6.89 | 42.72 |
| 2018 | 255 | 1,579 | 6.65 | 41.21 |
| 2017 | 251 | 1,664 | 6.46 | 42.81 |
| 2016 | 221 | 1,895 | 5.62 | 48.16 |
| 2015 | 276 | 1,710 | 7.28 | 45.10 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
86.0
Relatively Moderate
Expected Annual Loss
82.0
Score (0-100)
Social Vulnerability
66.0
Score (0-100)
Community Resilience
1.4
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
7
Public Assistance
$2.7M
Individual Assistance
$29K
Most Common Type
Biological
2 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Covid-19 Pandemic → | Biological | Apr 2020 | $53K | $29K |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Severe Storms and Flooding → | Severe Storm | Oct 2014 | $2.7M | — |
| Southeast New Mexico Fire Complex → | Fire | Jan 2006 | — | — |
| Hurricane Katrina Evacuation → | Hurricane | Sep 2005 | — | — |
| Severe Fire Threats → | Fire | May 2000 | — | — |
| Thunderstorms, Hail & Flooding → | Flood | Jun 1992 | — | — |
| South Fork Fire, Salt Fire, and Flooding → | Unknown | — | — | — |
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
207
Total Claims Paid
$931,258
Avg Claim Payout
$4,499
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
8
Federal Funding
$428,932
Properties Protected
12
Avg Benefit-Cost Ratio
1.18
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 90.4: Mitigation Plan - Local Multihazard Mitigation Plan | 2 | $73,000 |
| 91.5: Local Multijurisdictional Multihazard Mitigation Plan - UPDATE | 1 | $52,350 |
| 600.1: Warning Systems (as a Component of a Planned, Adopted, and Exercised Risk Reduction Plan) | 1 | $12,875 |
| 405.1: Other Minor Flood Control | 1 | $0 |
| 204.3: Dry Floodproofing Public Structures - Riverine | 1 | $20,117 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Hobbs has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are wildfire, hail, lightning. The area has had 7 federal disaster declarations. The most common disaster type is biological (2 declarations). 207 flood insurance claims have been filed in the area. FEMA has obligated $2,707,551 in public assistance recovery funding. $29,157 has been distributed in individual assistance to disaster-affected residents. 8 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
36.7%
0.6pp above the national average
Depression Rate
21.7%
1.8pp below the national average
Diabetes Rate
11.2%
0.7pp below the national average
Uninsured Rate
21.9%
11.3pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
31.3%
Arthritis
20.2%
Cancer (excl. skin)
5.0%
Teeth Lost (65+)
16.0%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
17.9%
14+ days in past month
Depression
21.7%
Loneliness
37.8%
Lack of Support
27.8%
Disability Prevalence
Any Disability
35.4%
Mobility
14.7%
Cognitive
18.2%
Hearing
6.8%
Vision
7.8%
Self-Care
4.9%
Independent Living
9.9%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Hobbs has an obesity rate of 36.7%, which is 0.6pp above the national average. The depression rate is 21.7%, 1.8pp below the national average. About 21.9% of adults lack health insurance. 64.0% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
5
Avg CMS Rating
3.0 / 5
Nearest Hospital
17.0 mi
Covenant Health Hobbs Hospital
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Covenant Health Hobbs Hospital | 17.0 mi | Acute Care Hospitals | 3/5 | Yes |
| Yoakum County Hospital | 20.5 mi | Critical Access Hospitals | — | Yes |
| Nor-Lea Hospital District | 22.3 mi | Critical Access Hospitals | — | Yes |
| Memorial Hospital | 25.5 mi | Critical Access Hospitals | — | Yes |
| Permian Regional Medical Center Andrews County Ho | 41.8 mi | Acute Care Hospitals | — | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
2
Pop. Served
40,501
Violations (5yr)
1
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| HOBBS MUNICIPAL WATER SUPPLY | 40,418 | 0 |
| RANCHO DAL PASO LLC DBA ADOBE VILLAGE | 83 | 1 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
9
Total CO₂e
4.3M MT
Top Emitter
Hobbs Generating Station
1.6M MT CO₂e
Total CO₂e vs Similar Cities (25,000 - 50,000)
| Facility | Sector | CO₂e (MT) |
|---|---|---|
Hobbs Generating Station Lea Power Partners Llc | Power Plants | 1,600,257 |
Mewbourne Oil Company - Permian Basin 430 Mewbourne Holdings Inc | Petroleum and Natural Gas Systems | 954,688 |
Cunningham Xcel Energy Inc | Power Plants | 866,328 |
Maddox Xcel Energy Inc | Power Plants | 448,163 |
LINAM RANCH GAS PLANT Phillips 66 | Petroleum and Natural Gas Systems | 222,122 |
DKL Libby Gas Plant Delek Us Holdings Inc | Petroleum and Natural Gas Systems | 96,752 |
DKL - 430 - Permian Basin Gathering and Boosting Delek Us Holdings Inc | Petroleum and Natural Gas Systems | 82,688 |
North Hobbs Reinjection Compression Facility (RCF) and West Injection Battery (WIB) Occidental Petroleum Corp | Petroleum and Natural Gas Systems | 21,862 |
Mewbourne Oil Company - Permian Basin 430 Gf Mewbourne Holdings Inc | Petroleum and Natural Gas Systems | 12,377 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons CO₂e/year.
There are 2 water systems serving the area. 1 water quality violation has been reported in the past 5 years. 9 industrial facilities report greenhouse gas emissions totaling 4.3M metric tons of CO₂e.
Infrastructure
Commute Overview2023 ACS
Drive Alone
78.6%
-0% vs national
Public Transit
0.3%
-64% vs national
Work From Home
2.2%
-76% vs national
Carpool
16.9%
Walk / Bike
1.5%
combined
How Hobbs's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
4
2023
5-Year Avg
4
fatalities/yr
Pedestrian
3
Nighttime
3
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 3 | 4 | 0 | 3 | 0 |
| 2022 | 8 | 9 | 0 | 2 | 0 |
| 2021 | 3 | 3 | 0 | 0 | 0 |
| 2020 | 1 | 1 | 0 | 0 | 0 |
| 2018 | 5 | 5 | 2 | 1 | 1 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Hobbs, NM covers travel times and transportation modes. 78.6% of workers drive alone, compared to the national average of 78.7%. 2.2% work from home, which is below the NM state average of 9.0%. 16.9% of workers carpool. 1.4% walk to work. In 2023, there were 4 traffic fatalities from 3 fatal crashes. 3 were pedestrians.
Internet & Broadband Access
Source: Census ACSBroadband Access
84.4%
of households
Cable / Fiber / DSL
70.6%
of households
No Internet
13.2%
of households
Total Households
14,077
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
93.1%
of households
Smartphone
89.2%
of households
Desktop / Laptop
65.5%
of households
Tablet
56.0%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.2¢
per kWh
-26% vs 25,000 - 50,000 avg
Commercial Rate
10.5¢
per kWh
-32% vs 25,000 - 50,000 avg
Industrial Rate
5.4¢
per kWh
-54% vs 25,000 - 50,000 avg
Avg Monthly Bill
$93
residential
-37% vs 25,000 - 50,000 avg
17% below the national average of 17.1¢/kWh
Residential electricity in New Mexico averages 14.2¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $93. State-level averages from EIA Electric Sales & Revenue data (2024).
Hobbs vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
2
Population Served
40,501
Violations (5yr)
1
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| HOBBS MUNICIPAL WATER SUPPLY | Community | Ground water | 40,418 | 0 |
| RANCHO DAL PASO LLC DBA ADOBE VILLAGE | Community | Ground water | 83 | 1 |
84.4% of households in Hobbs have broadband internet access. 70.6% have cable, fiber, or DSL service. 9.9% rely solely on cellular data without a wired connection. 13.2% of households have no internet access. 17.2% use only a smartphone without a desktop or laptop. The area is served by 2 water systems, providing water to 40,501 people. A total of 1 water quality violation has been recorded over the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Hobbs is located in Lea County, NM. Results reflect all voters in the county, not just those in Hobbs.
Election Overview
Source: Lea County (2024)2024 Winner
Republican
Dem Votes
3,930
18.5%
GOP Votes
16,997
80.1%
Total Votes
21,209
Margin
R+61.6%
Shift from 2020
R+2.0pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 3,930 | 16,997 | 21,209 | 18.5% | 80.1% | R+61.6 |
| 2020 | 4,061 | 16,531 | 20,918 | 19.4% | 79.0% | R+59.6 |
| 2016 | 3,877 | 12,306 | 17,369 | 22.3% | 70.9% | R+48.5 |
In the 2024 presidential election, Lea County recorded 21,209 total votes. Republicans won the county with 80.1% of the vote compared to 18.5% for Democrats, a margin of R+61.6%. Compared to 2020, the margin shifted R+2.0pp from the previous election. Since 2016, Lea County has shifted 13.1 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
158
Total Assets
$365.9M
Total Income
$83.2M
Per 10K Residents
39.6
nonprofits
-21.1% vs peers avg
Orgs with >$1M Assets
18
Median Assets
$389K
Oldest Active
1941
ruling year
Newest Org
2025
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $345.4M of $365.9M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Hobbs
Source: IRS Exempt Organizations BMFHobbs, NM has 158 registered 501(c)(3) nonprofit organizations with combined assets of $365.9M. The most common category is Human Services, with 25 organizations. 18 nonprofits have assets exceeding $1 million. That works out to 39.6 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
545
Total Approved
$155.7M
Jobs Supported
3,993
Per 10K Residents
136.6
SBA loans
-7.2% vs peers avg
Unique Lenders
42
Top Lender
Western Commerce Bank
235 loans
Top Industry
Mining, Quarrying, Oil & Gas
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
523
Total Amount
$144.8M
Avg Loan
$276,867
Median Loan
$97,100
SBA Guaranteed
$106.5M(74%)
Jobs Supported
3,819
Loans
22
Total Amount
$10.9M
Avg Loan
$493,227
Median Loan
$346,500
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
45
8% of all-time total
Recent Amount
$26.3M
17% of all-time total
Avg Recent Loan
$583,569
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Akal Hotels Llc | 1 | $5.0M |
| Balwantrai Hirabhai Patel | 1 | $4.7M |
| Abc Rental Tool Company | 1 | $4.5M |
| Wolfcamp Lodge I Llc | 1 | $4.2M |
| Jay Hospitality Group Llc | 1 | $4.1M |
| Joe's Roustabout & Well Servicing Ltd. Co. | 1 | $4.0M |
| Maruti Hospitality Llc | 1 | $4.0M |
| Bc&d Operating Inc. | 5 | $3.4M |
| Jacet Ops Llc | 1 | $3.1M |
| Grit Energy Services Inc. | 2 | $3.0M |
Hobbs, NM has received 545 SBA loans totaling $155.7M in approved funding between 1992 and 2026. The 7(a) program accounts for 523 loans (96% of the total), supporting 3,819 jobs. The 504 program, focused on real estate and large equipment, has funded 22 loans totaling $10.9M. The most common industry receiving SBA funding is Mining, Quarrying, Oil & Gas. The most active SBA lender in Hobbs is Western Commerce Bank with 235 loans. That works out to 136.6 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
2
Total Population
8,785
Avg Median Income
-$333,289,006
Avg Home Value
-$333,223,983
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 88242 | 7,684 | $88,654 | $218,700 | $1,290 | 70.4 |
| 88244 | 1,101 | N/A | N/A | N/A | 0.1 |
Hobbs, NM has 2 ZIP codes with a combined population of 8,785. The average median household income across all ZIP codes is -$333,289,006. The average median home value is -$333,223,983. The average median monthly rent is -$333,332,688.
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