Hobbs New Mexico Real Estate
Hobbs, New Mexico, is located in Lea County, 76 miles NW of Odessa, Texas and 198 miles E of El Paso, Texas. Hobbs has a population of 28,657.
Hobbs Homes
Hobbs properties pool is 10,099 residential properties including Hobbs new homes. Median age of real estate in Hobbs is 1967. Average Household size is 3.22 people. 5% are one bedroom homes, 22% are 2 bedroom homes, 60% are 3 bedroom homes, 12% are 4 bedroom homes, and 1% are 5+ bedroom homes.
Hobbs Mortgage Statistics
Hobbs mortgages vs. USA median statistics
| Homes |
Hobbs |
USA |
| Homes With No Mortgage |
45% |
30% |
| Homes With Mortgage |
55% |
70% |
| First Mortgage Only |
49% |
54% |
| First & Second Mortgage or HELOC |
5% |
16% |
Hobbs Area Real Estate Tax
Hobbs Real estate Tax: Median Real Estate Taxes (2000) were $280 comparing to 1999 Median Family income $ 33,017. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Hobbs School District: Children make up 30.4% of Hobbs population. Hobbs has 8,706 under 18 years old residents, or 0.89 kids per one worker, or 0.86 kids per one household.
Hobbs Real Estate & Hobbs Homeownership
There are 2423.76 or 24% one person households, 3029.7 or 30% two person households, and 1716.83 or 17% three person households in Hobbs, New Mexico. Median residents age is 32.1, Senior citizens (65+) make up 3,410 or 11.9%% of Hobbs population.
There are 9,746 workers (over 16 years of age) in Hobbs. Of these, 94.56% drive to work. Approximately 0.16% of workers in Hobbs take public transportation. An estimated 1.23% walk to work.
Median Hobbs homeowner's housing expences are 14.4%
Crime in Hobbs (2003), crimes per 10,000 residents per year
| Type of Crime |
Hobbs |
USA, 2003 |
| Violent Crimes |
113.41 |
47.5 |
| Robberies |
11.86 |
14.2 |
| Aggravated Assaults |
93.52 |
29.5 |
| Property Crimes |
623.93 |
358.8 |
| Burglaries |
129.81 |
74.0 |
| Larceny-Thefts |
473.53 |
241.5 |
| Motor Vehicle Thefts |
20.59 |
43.3 |
Invest in Hobbs Properties
When making a decision about buying real estate in Hobbs New Mexico area, you should consider following statistical data:
| Category |
Hobbs |
USA |
| Near Medium City |
Odessa, Texas |
- |
| Near Large City |
El Paso, Texas |
- |
| Hobbs Zip Codes |
88240, 88242 |
- |
| Hobbs Area Codes |
505 |
- |
| White population |
63.52% |
75.1% |
| African-American population |
6.79% |
12.3% |
| Asian |
0.43% |
3.6% |
| American Indian & Alaskan |
1.07% |
0.9% |
| Hispanic (of any race) |
42.18% |
12.5% |
| Median Family Income (1999) |
$ 33,017% |
$42,000 |
| Population Below Poverty Level |
23.28% |
12.4% |
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