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Economy

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  ECONOMY OVERVIEW
  

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
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  14.18%12.55%
  Income between 15K and 20K  2.80%5.36%
  Income between 20K and 30K  11.28%10.42%
  Income between 30K and 40K  8.58%9.80%
  Income between 40K and 50K  10.13%8.80%
  Income between 50K and 60K  8.26%7.90%
  Income between 60K and 75K  10.58%9.93%
  Income between 75K and 100K  13.17%12.16%
  Income between 100K and 150K  13.92%13.01%
  Income between 150K and 200K  4.02%5.04%
  Income greater than 200K  3.09%5.03%
  POPULATION BY OCCUPATION
  Management, business, finance  12.84%14.54%
  Engineering, computers, science  0.83%5.34%
  Community, social services  1.45%1.67%
  Legal  0.62%1.16%
  Education, library  6.42%6.13%
  Arts, design, media, sports, entertainment  0.83%1.91%
  Healthcare practitioners and technology  3.73%5.67%
  Healthcare support  2.90%2.51%
  Firefighters, law enforcement  0.41%2.23%
  Food preparation, serving  8.28%5.76%
  Building maintenance  3.31%4.01%
  Personal care  3.73%3.65%
  Sales, office, administrative support  18.63%24.36%
  Farming, fishing, forestry  0.62%0.73%
  Construction, extraction, maintenance/repair  10.56%8.24%
  Production, transportation, material moving  24.85%12.09%

  ECONOMY MAP

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Reviews for Hobbs


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Hobbs

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  10/10/2015
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)

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  2/17/2010
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)

 35

 29

  4/6/2008
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)

 52

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