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Hobbs, New_mexico  2 Reviews | Leave a Comment

Economy

Download .xls | Last Updated: June, 2014

  ECONOMY OVERVIEW
  

The unemployment rate in Hobbs, NM, is 3.50%, with job growth of 5.14%. Future job growth over the next ten years is predicted to be 46.80%.

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

Hobbs, NM Income and Salaries

The income per capita is $21,234, which includes all adults and children. The median household income is $47,654.

  ECONOMYHobbs, NMUnited States
  Unemployment Rate  3.50%6.30%
  Recent Job Growth  5.14%1.18%
  Future Job Growth  46.80%36.10%
  Sales Taxes  6.81%6.00%
  Income Taxes  4.90%4.72%
  Income per Cap.  $21,234$28,051
  Household Income  $47,654$53,046
  Family Median Income  $55,445$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  14.94%12.61%
  Income between 15K and 20K  6.23%5.33%
  Income between 20K and 30K  10.84%10.57%
  Income between 30K and 40K  10.63%9.90%
  Income between 40K and 50K  8.87%8.95%
  Income between 50K and 60K  7.31%8.08%
  Income between 60K and 75K  10.24%10.09%
  Income between 75K and 100K  12.79%12.25%
  Income between 100K and 150K  12.76%12.82%
  Income between 150K and 200K  2.87%4.78%
  Income greater than 200K  2.53%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  8.91%14.36%
  Engineering, computers, science  2.69%5.24%
  Community, social services  0.99%1.66%
  Legal  0.06%1.17%
  Education, library  7.02%6.10%
  Arts, design, media, sports, entertainment  1.36%1.88%
  Healthcare practitioners and technology  3.26%5.49%
  Healthcare support  1.91%2.47%
  Firefighters, law enforcement  2.21%2.24%
  Food preparation, serving  5.19%5.61%
  Building maintenance  3.19%3.97%
  Personal care  2.59%3.54%
  Sales, office, administrative support  23.11%24.89%
  Farming, fishing, forestry  0.94%0.73%
  Construction, extraction, maintenance/repair  22.08%8.56%
  Production, transportation, material moving  14.52%12.10%


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