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2024 Compare Cities Economy:
Hobbs, NM vs Hot Springs Village, AR

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Highlights
- Household income in Hot Springs Village, is 6% more than it is in Hobbs and is 10% below the National Average.
- Hobbs unemployment rate is 12.1%.
- Hot Springs Village unemployment rate is 6.1%.

Economy
 Hobbs, NMHot Springs Village, ARUnited States
 Unemployment Rate12.1%6.1%6.0%
 Recent Job Growth7.8%-1.0%1.6%
 Future Job Growth24.7%27.2%33.5%
 Sales Taxes6.8%8.0%6.2%
 Income Taxes4.9%6.9%4.6%
 Income per Cap.$28,293$38,011$37,638
 Household Income$59,232$62,938$69,021
 Family Median Income$70,018$77,907$85,028
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 Est. Households By Income
 Hobbs, NMHot Springs Village, ARUnited States
 Income Less Than 15K13.5%7.5%9.4%
 Income between 15K and 20K3.5%2.8%3.8%
 Income between 20K and 30K8.1%10.3%8.1%
 Income between 30K and 40K11.4%7.4%8.0%
 Income between 40K and 50K5.3%11.0%7.6%
 Income between 50K and 60K9.3%7.4%7.2%
 Income between 60K and 75K10.5%13.8%9.6%
 Income between 75K and 100K10.9%17.2%12.8%
 Income between 100K and 150K15.8%15.5%16.3%
 Income between 150K and 200K6.5%3.9%7.8%
 Income greater than 200K5.2%3.1%9.5%
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 Population By Occupation
 Hobbs, NMHot Springs Village, ARUnited States
 Management, business, finance10.9%17.6%16.4%
 Engineering, computers, science3.2%2.7%6.5%
 Community, social services2.6%1.2%1.8%
 Legal2.4%0.3%1.2%
 Education, library5.7%6.9%6.2%
 Arts, design, media, sports, entertainment1.0%0.6%2.0%
 Healthcare practitioners and technology2.8%5.4%6.2%
 Healthcare support3.3%4.5%3.3%
 Firefighters, law enforcement2.0%1.8%2.1%
 Food preparation, serving3.9%4.5%5.4%
 Building maintenance3.5%7.1%3.6%
 Personal care2.1%2.4%2.6%
 Sales, office, administrative support21.0%26.9%20.9%
 Farming, fishing, forestry0.8%0.5%0.6%
 Construction, extraction, maintenance/repair16.7%7.6%8.1%
 Production, transportation, material moving17.9%9.8%13.1%

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Reviews for Hobbs    3 Reviews

Over 9 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 14 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 16 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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Reviews for Hot Springs Village    16 Reviews

Over 3 years ago

We’ve been coming here for nearly 30 years. Bought a house on Lake Balboa 3 years ago and love the neighbors, golf, restaurants and location. Many lakes in this gated  More

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I have moved into Hot Springs Village less than 2 months ago. Within that 2 month time period I have had the POA compliance authorities come to tell me I was out of  More

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1. Cost of living is lower than most other states, especially property taxes. 2. Icy and snowy weather is infrequent. 3. Hurricane evacuations are not an issue you  More

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ZIPS IN HOBBS, NEW MEXICO
88240
ZIPS IN HOT SPRINGS VILLAGE, ARKANSAS
71909 71949 72087

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