2025 Compare Cities Economy:
Taos, NM vs Hobbs, NM

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Highlights
- Household income in Hobbs, is 60% more than it is in Taos and is 17% below the National Average.
- Taos unemployment rate is 10.5%.
- Hobbs unemployment rate is 12.1%.
 Taos, NMHobbs, NMUnited States
 Unemployment Rate  Unlock12.1%6.0%
 Recent Job Growth  Unlock7.8%1.6%
 Future Job Growth30.2%  Unlock33.5%
 Sales Taxes8.5%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$32,466  Unlock$37,638
 Household Income  Unlock$59,232$69,021
 Family Median Income$42,984  Unlock$85,028
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 Est. Households By Income
 Taos, NMHobbs, NMUnited States
 Income Less Than 15K  Unlock13.5%9.4%
 Income between 15K and 20K8.2%  Unlock3.8%
 Income between 20K and 30K  Unlock8.1%8.1%
 Income between 30K and 40K8.0%  Unlock8.0%
 Income between 40K and 50K  Unlock5.3%7.6%
 Income between 50K and 60K7.7%  Unlock7.2%
 Income between 60K and 75K  Unlock10.5%9.6%
 Income between 75K and 100K4.1%  Unlock12.8%
 Income between 100K and 150K  Unlock15.8%16.3%
 Income between 150K and 200K2.4%  Unlock7.8%
 Income greater than 200K  Unlock5.2%9.5%
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 Population By Occupation
 Taos, NMHobbs, NMUnited States
 Management, business, finance9.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services6.8%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library15.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology9.8%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement1.2%  Unlock2.1%
 Food preparation, serving  Unlock3.9%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock2.1%2.6%
 Sales, office, administrative support13.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.8%0.6%
 Construction, extraction, maintenance/repair13.8%  Unlock8.1%
 Production, transportation, material moving  Unlock17.9%13.1%
Reviews for Taos    6 Reviews

I’ve traveled to many places in my lifetime. New Mexico is a favorite. Typically we stay in The Inn of The Governor’s in Santa Fe. (It’s an awesome place.) This  More

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Over 16 years ago

Taos is beautiful with much to offer. However, housing is very expensive. Because much of the town's economy focuses on tourism, there are few jobs available in other  More

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Over 16 years ago

Taos has a diverse culture which has helped create a diverse art market with over 100 galleries and studios. From traditional native arts to contemporary, Taos has it  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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