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2024 Compare Cities Economy:
Montpelier, VT vs Hobbs, NM

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Highlights
- Household income in Hobbs, is 17% less than it is in Montpelier and is 17% below the National Average.
- Montpelier unemployment rate is 2.8%.
- Hobbs unemployment rate is 12.1%.

Economy
 Montpelier, VTHobbs, NMUnited States
 Unemployment Rate2.8%12.1%6.0%
 Recent Job Growth1.9%7.8%1.6%
 Future Job Growth31.5%24.7%33.5%
 Sales Taxes6.0%6.8%6.2%
 Income Taxes6.6%4.9%4.6%
 Income per Cap.$45,497$28,293$37,638
 Household Income$71,163$59,232$69,021
 Family Median Income$97,754$70,018$85,028
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 Est. Households By Income
 Montpelier, VTHobbs, NMUnited States
 Income Less Than 15K6.1%13.5%9.4%
 Income between 15K and 20K3.8%3.5%3.8%
 Income between 20K and 30K7.7%8.1%8.1%
 Income between 30K and 40K6.2%11.4%8.0%
 Income between 40K and 50K9.3%5.3%7.6%
 Income between 50K and 60K7.1%9.3%7.2%
 Income between 60K and 75K14.4%10.5%9.6%
 Income between 75K and 100K14.1%10.9%12.8%
 Income between 100K and 150K17.1%15.8%16.3%
 Income between 150K and 200K7.2%6.5%7.8%
 Income greater than 200K7.2%5.2%9.5%
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 Population By Occupation
 Montpelier, VTHobbs, NMUnited States
 Management, business, finance21.4%10.9%16.4%
 Engineering, computers, science7.4%3.2%6.5%
 Community, social services4.4%2.6%1.8%
 Legal5.7%2.4%1.2%
 Education, library10.7%5.7%6.2%
 Arts, design, media, sports, entertainment3.4%1.0%2.0%
 Healthcare practitioners and technology8.1%2.8%6.2%
 Healthcare support1.3%3.3%3.3%
 Firefighters, law enforcement0.0%2.0%2.1%
 Food preparation, serving6.8%3.9%5.4%
 Building maintenance3.1%3.5%3.6%
 Personal care1.5%2.1%2.6%
 Sales, office, administrative support15.1%21.0%20.9%
 Farming, fishing, forestry0.2%0.8%0.6%
 Construction, extraction, maintenance/repair4.2%16.7%8.1%
 Production, transportation, material moving6.8%17.9%13.1%

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Reviews for Montpelier    1 Reviews

As a life-long New Englander (raised in Massachusetts; lived in Rhode Island, Connecticut and Vermont) you would think I must love cold weather, snow and clouds, but the  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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ZIPS IN MONTPELIER, VERMONT
05602
ZIPS IN HOBBS, NEW MEXICO
88240

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