2025 Compare Cities Economy:
Hobbs, NM vs Florence, CO

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Highlights
- Household income in Florence, is 9% less than it is in Hobbs and is 28% below the National Average.
- Hobbs unemployment rate is 12.1%.
- Florence unemployment rate is 8.4%.
 Hobbs, NMFlorence, COUnited States
 Unemployment Rate  Unlock8.4%6.0%
 Recent Job Growth  Unlock1.6%1.6%
 Future Job Growth24.7%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock4.6%4.6%
 Income per Cap.$28,293  Unlock$37,638
 Household Income  Unlock$53,788$69,021
 Family Median Income$70,018  Unlock$85,028
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 Est. Households By Income
 Hobbs, NMFlorence, COUnited States
 Income Less Than 15K  Unlock8.4%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock6.7%8.1%
 Income between 30K and 40K11.4%  Unlock8.0%
 Income between 40K and 50K  Unlock12.4%7.6%
 Income between 50K and 60K9.3%  Unlock7.2%
 Income between 60K and 75K  Unlock8.6%9.6%
 Income between 75K and 100K10.9%  Unlock12.8%
 Income between 100K and 150K  Unlock12.0%16.3%
 Income between 150K and 200K6.5%  Unlock7.8%
 Income greater than 200K  Unlock0.8%9.5%
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 Population By Occupation
 Hobbs, NMFlorence, COUnited States
 Management, business, finance10.9%  Unlock16.4%
 Engineering, computers, science  Unlock1.9%6.5%
 Community, social services2.6%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library5.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology2.8%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock2.5%5.4%
 Building maintenance3.5%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support21.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair16.7%  Unlock8.1%
 Production, transportation, material moving  Unlock10.2%13.1%
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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