2024 Compare Cities Economy:
McKinney, TX vs Hobbs, NM

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Highlights
- Household income in Hobbs, is 44% less than it is in McKinney and is 17% below the National Average.
- McKinney unemployment rate is 6.0%.
- Hobbs unemployment rate is 12.1%.
 McKinney, TXHobbs, NMUnited States
 Unemployment Rate6.0%12.1%6.0%
 Recent Job Growth3.3%7.8%1.6%
 Future Job Growth54.8%24.7%33.5%
 Sales Taxes8.3%6.8%6.2%
 Income Taxes0.0%4.9%4.6%
 Income per Cap.$46,671$28,293$37,638
 Household Income$106,437$59,232$69,021
 Family Median Income$119,777$70,018$85,028
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 Est. Households By Income
 McKinney, TXHobbs, NMUnited States
 Income Less Than 15K4.6%13.5%9.4%
 Income between 15K and 20K2.4%3.5%3.8%
 Income between 20K and 30K4.5%8.1%8.1%
 Income between 30K and 40K5.8%11.4%8.0%
 Income between 40K and 50K5.3%5.3%7.6%
 Income between 50K and 60K4.6%9.3%7.2%
 Income between 60K and 75K7.6%10.5%9.6%
 Income between 75K and 100K12.6%10.9%12.8%
 Income between 100K and 150K20.4%15.8%16.3%
 Income between 150K and 200K14.5%6.5%7.8%
 Income greater than 200K17.5%5.2%9.5%
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 Population By Occupation
 McKinney, TXHobbs, NMUnited States
 Management, business, finance26.1%10.9%16.4%
 Engineering, computers, science10.8%3.2%6.5%
 Community, social services1.5%2.6%1.8%
 Legal1.0%2.4%1.2%
 Education, library7.3%5.7%6.2%
 Arts, design, media, sports, entertainment2.2%1.0%2.0%
 Healthcare practitioners and technology5.7%2.8%6.2%
 Healthcare support1.6%3.3%3.3%
 Firefighters, law enforcement1.5%2.0%2.1%
 Food preparation, serving4.6%3.9%5.4%
 Building maintenance2.1%3.5%3.6%
 Personal care2.4%2.1%2.6%
 Sales, office, administrative support21.0%21.0%20.9%
 Farming, fishing, forestry0.2%0.8%0.6%
 Construction, extraction, maintenance/repair4.7%16.7%8.1%
 Production, transportation, material moving7.5%17.9%13.1%
Reviews for Mckinney    19 Reviews

Amir · 
Over 2 years ago

Very charming town. This city has been extremely discipline and not trying to keep up with neighboring cities to bring big name outsiders and because of it has tons of  More

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We've lived in McKinney for 8 years. We left California because we knew where it was headed and thankfully ended up in McKinney. We have seen it grow tremendously. We  More

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I have only spent a few days in Mckinney and surrounding area such as Plano prosper Lucas Frisco and down town Dallas. The reason I and my family visited from New York  More

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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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