2025 Compare Cities Economy:
Elko, NV vs Hobbs, NM

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Highlights
- Household income in Hobbs, is 26% less than it is in Elko and is 17% below the National Average.
- Elko unemployment rate is 3.3%.
- Hobbs unemployment rate is 12.1%.
 Elko, NVHobbs, NMUnited States
 Unemployment Rate  Unlock12.1%6.0%
 Recent Job Growth  Unlock7.8%1.6%
 Future Job Growth31.6%  Unlock33.5%
 Sales Taxes7.1%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$36,406  Unlock$37,638
 Household Income  Unlock$59,232$69,021
 Family Median Income$92,009  Unlock$85,028
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 Est. Households By Income
 Elko, NVHobbs, NMUnited States
 Income Less Than 15K  Unlock13.5%9.4%
 Income between 15K and 20K1.6%  Unlock3.8%
 Income between 20K and 30K  Unlock8.1%8.1%
 Income between 30K and 40K8.7%  Unlock8.0%
 Income between 40K and 50K  Unlock5.3%7.6%
 Income between 50K and 60K6.4%  Unlock7.2%
 Income between 60K and 75K  Unlock10.5%9.6%
 Income between 75K and 100K15.0%  Unlock12.8%
 Income between 100K and 150K  Unlock15.8%16.3%
 Income between 150K and 200K7.2%  Unlock7.8%
 Income greater than 200K  Unlock5.2%9.5%
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 Population By Occupation
 Elko, NVHobbs, NMUnited States
 Management, business, finance10.0%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library6.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology4.2%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock3.9%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock2.1%2.6%
 Sales, office, administrative support17.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.8%0.6%
 Construction, extraction, maintenance/repair18.1%  Unlock8.1%
 Production, transportation, material moving  Unlock17.9%13.1%
Reviews for Elko    4 Reviews

Elko is like all small Nevada towns - limited in many things and the only change as far as the eye can see are over priced housing starts, drugs and crime. I really like  More

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Over 16 years ago

Spent my teen years in Elko & my parents still live there. It is extremely isolated. Life revolves around the mining industry. The old ranching families that live  More

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Over 17 years ago

Elko has an economy that is fairly typical of mining areas, that is, boom and bust. I've lived here for about 16 or so years. It's boomed tremendously twice and busted  More

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Reviews for Hobbs    3 Reviews

Over 10 years ago

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  More

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Over 15 years ago

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,  More

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Over 17 years ago

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.  More

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