2025 Compare Cities Economy:
Hobbs, NM vs Minnetonka, MN

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Highlights
- Household income in Minnetonka, is 79% more than it is in Hobbs and is 35% above the National Average.
- Hobbs unemployment rate is 12.1%.
- Minnetonka unemployment rate is 3.3%.
 Hobbs, NMMinnetonka, MNUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth24.7%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$28,293  Unlock$37,638
 Household Income  Unlock$106,023$69,021
 Family Median Income$70,018  Unlock$85,028
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 Est. Households By Income
 Hobbs, NMMinnetonka, MNUnited States
 Income Less Than 15K  Unlock4.8%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K11.4%  Unlock8.0%
 Income between 40K and 50K  Unlock4.7%7.6%
 Income between 50K and 60K9.3%  Unlock7.2%
 Income between 60K and 75K  Unlock7.5%9.6%
 Income between 75K and 100K10.9%  Unlock12.8%
 Income between 100K and 150K  Unlock20.9%16.3%
 Income between 150K and 200K6.5%  Unlock7.8%
 Income greater than 200K  Unlock20.1%9.5%
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 Population By Occupation
 Hobbs, NMMinnetonka, MNUnited States
 Management, business, finance10.9%  Unlock16.4%
 Engineering, computers, science  Unlock11.9%6.5%
 Community, social services2.6%  Unlock1.8%
 Legal  Unlock1.5%1.2%
 Education, library5.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.9%2.0%
 Healthcare practitioners and technology2.8%  Unlock6.2%
 Healthcare support  Unlock3.0%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock3.3%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  Unlock7.3%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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Reviews for Minnetonka    4 Reviews

Over 14 years ago

Moving from Southern California to Minnetonka, MN the thing we noticed most was the country living envirnoment even though you are living within the city. There are no  More

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Over 16 years ago

Minnetonka, MN was a quiet and nice place to raise a  More

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Over 19 years ago

You can't beat Lake Minnetonka in the  More

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