2025 Compare Cities Economy:
Salem, CT vs Hobbs, NM

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Highlights
- Household income in Hobbs, is 46% less than it is in Salem and is 17% below the National Average.
- Salem unemployment rate is 8.7%.
- Hobbs unemployment rate is 12.1%.
 Salem, CTHobbs, NMUnited States
 Unemployment Rate  Unlock12.1%6.0%
 Recent Job Growth  Unlock7.8%1.6%
 Future Job Growth31.1%  Unlock33.5%
 Sales Taxes6.4%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$51,289  Unlock$37,638
 Household Income  Unlock$59,232$69,021
 Family Median Income$118,209  Unlock$85,028
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 Est. Households By Income
 Salem, CTHobbs, NMUnited States
 Income Less Than 15K  Unlock13.5%9.4%
 Income between 15K and 20K0.0%  Unlock3.8%
 Income between 20K and 30K  Unlock8.1%8.1%
 Income between 30K and 40K10.8%  Unlock8.0%
 Income between 40K and 50K  Unlock5.3%7.6%
 Income between 50K and 60K1.4%  Unlock7.2%
 Income between 60K and 75K  Unlock10.5%9.6%
 Income between 75K and 100K12.4%  Unlock12.8%
 Income between 100K and 150K  Unlock15.8%16.3%
 Income between 150K and 200K15.1%  Unlock7.8%
 Income greater than 200K  Unlock5.2%9.5%
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 Population By Occupation
 Salem, CTHobbs, NMUnited States
 Management, business, finance27.7%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services1.7%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library9.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology5.8%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement3.8%  Unlock2.1%
 Food preparation, serving  Unlock3.9%5.4%
 Building maintenance0.5%  Unlock3.6%
 Personal care  Unlock2.1%2.6%
 Sales, office, administrative support12.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.8%0.6%
 Construction, extraction, maintenance/repair3.8%  Unlock8.1%
 Production, transportation, material moving  Unlock17.9%13.1%
Reviews for Salem    1 Reviews

We just moved to Salem and we love it. The town green is beautiful. The church in the center of the community is super involved and does awesome work, both with their  More

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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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