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The unemployment rate in Hobbs, New Mexico, is 9.30%, with job growth of -5.44%. Future job growth over the next ten years is predicted to be 19.81%.

Hobbs, New Mexico Taxes
Hobbs, New Mexico,sales tax rate is 6.81%. Income tax is 4.90%.

Hobbs, New Mexico Income and Salaries

The income per capita is $22,115, which includes all adults and children. The median household income is $53,750.

  ECONOMYHobbs, New MexicoUnited States
  Unemployment Rate  9.30%5.20%
  Recent Job Growth  -5.44%1.59%
  Future Job Growth  19.81%37.98%
  Sales Taxes  6.81%6.00%
  Income Taxes  4.90%4.60%
  Income per Cap.  $22,115$28,555
  Household Income  $53,750$53,482
  Family Median Income  $59,739$65,443
  Agriculture, forestry, fishing, hunting  1.26%1.35%
  Mining, quarrying, oil and gas extraction  16.60%0.61%
  Construction  8.84%6.19%
  Manufacturing  3.91%10.41%
  Wholesale trade  5.16%2.72%
  Retail trade  10.58%11.55%
  Transportation and warehousing  5.34%4.11%
  Utilities  00
  Information  0.68%2.12%
  Finance and insurance  2.03%4.69%
  Real estate, rental, leasing  1.47%1.89%
  Professional, scientific, technical services  4.20%6.68%
  Management of companies  0.00%0.08%
  Administrative, support, waste mgt svcs  3.29%4.27%
  Educational services  7.56%9.34%
  Health care and social assistance  8.22%13.81%
  Arts, entertainment, recreation  1.67%2.16%
  Accommodation, food services  8.16%7.44%
  Other services  5.08%4.94%
  Public administration  4.09%4.80%
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Hobbs, New Mexico

Hobbs, New Mexico is a growing city on the eastern edge of the New Mexico- texas border. The people are friendly and hard working. The school system is in the top tier... (Read More)



Lousy place to live

Hobbs is the worst place in the U.S. to live. People that live here are snobs and they aren't helpful at all. Forget about getting a job here. If they don't like you,... (Read More)



Hobbs - Pros/Cons

Pros: 1. Extremely low cost of living and housing for region 2. Affordable place to live 3. Nice physical setting and climate Cons: 1. Very high crime rate 2.... (Read More)



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