2025 Compare Cities Economy:
Hobbs, NM vs Truth or Consequences, NM

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Highlights
- Household income in Truth or Consequences, is 51% less than it is in Hobbs and is 139% below the National Average.
- Hobbs unemployment rate is 12.1%.
- Truth or Consequences unemployment rate is 9.4%.
 Hobbs, NMTruth or Consequences, NMUnited States
 Unemployment Rate  Unlock9.4%6.0%
 Recent Job Growth  Unlock1.7%1.6%
 Future Job Growth24.7%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$28,293  Unlock$37,638
 Household Income  Unlock$28,837$69,021
 Family Median Income$70,018  Unlock$85,028
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 Est. Households By Income
 Hobbs, NMTruth or Consequences, NMUnited States
 Income Less Than 15K  Unlock26.7%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock13.7%8.1%
 Income between 30K and 40K11.4%  Unlock8.0%
 Income between 40K and 50K  Unlock6.7%7.6%
 Income between 50K and 60K9.3%  Unlock7.2%
 Income between 60K and 75K  Unlock5.6%9.6%
 Income between 75K and 100K10.9%  Unlock12.8%
 Income between 100K and 150K  Unlock15.2%16.3%
 Income between 150K and 200K6.5%  Unlock7.8%
 Income greater than 200K  Unlock0.9%9.5%
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 Population By Occupation
 Hobbs, NMTruth or Consequences, NMUnited States
 Management, business, finance10.9%  Unlock16.4%
 Engineering, computers, science  Unlock6.9%6.5%
 Community, social services2.6%  Unlock1.8%
 Legal  Unlock1.8%1.2%
 Education, library5.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.2%2.0%
 Healthcare practitioners and technology2.8%  Unlock6.2%
 Healthcare support  Unlock8.0%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock4.2%5.4%
 Building maintenance3.5%  Unlock3.6%
 Personal care  Unlock4.7%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  Unlock10.5%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 Truth Or Consequences    3 Reviews

I've lived here 10 years and was recently thinking about adding to my small rental portfolio...then I saw an episode of Island Life and Hawaii Life and remembered how  More

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Occasional crime sprees (series of break-ins, robberies) interspersed with fairly long periods of quiet. I feel MUCH safe than I would living in Albuquerque and will go  More

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Over 12 years ago

numbers can be deceiving-the stats don't look bad here for a lot of categories....but I lived in T or c for 7 yrs...maybe the air is clean in regard to normal industrial  More

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