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

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Highlights
- Household income in Hobbs, is 105% more than it is in Truth or Consequences and is 17% below the National Average.
- Truth or Consequences unemployment rate is 9.4%.
- Hobbs unemployment rate is 12.1%.
 Truth or Consequences, NMHobbs, NMUnited States
 Unemployment Rate  Unlock12.1%6.0%
 Recent Job Growth  Unlock7.8%1.6%
 Future Job Growth29.8%  Unlock33.5%
 Sales Taxes8.5%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$24,501  Unlock$37,638
 Household Income  Unlock$59,232$69,021
 Family Median Income$48,250  Unlock$85,028
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 Est. Households By Income
 Truth or Consequences, NMHobbs, NMUnited States
 Income Less Than 15K  Unlock13.5%9.4%
 Income between 15K and 20K11.0%  Unlock3.8%
 Income between 20K and 30K  Unlock8.1%8.1%
 Income between 30K and 40K8.5%  Unlock8.0%
 Income between 40K and 50K  Unlock5.3%7.6%
 Income between 50K and 60K4.5%  Unlock7.2%
 Income between 60K and 75K  Unlock10.5%9.6%
 Income between 75K and 100K5.9%  Unlock12.8%
 Income between 100K and 150K  Unlock15.8%16.3%
 Income between 150K and 200K1.5%  Unlock7.8%
 Income greater than 200K  Unlock5.2%9.5%
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 Population By Occupation
 Truth or Consequences, NMHobbs, NMUnited States
 Management, business, finance14.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services3.3%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library16.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology1.9%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement2.2%  Unlock2.1%
 Food preparation, serving  Unlock3.9%5.4%
 Building maintenance4.1%  Unlock3.6%
 Personal care  Unlock2.1%2.6%
 Sales, office, administrative support14.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.8%0.6%
 Construction, extraction, maintenance/repair5.6%  Unlock8.1%
 Production, transportation, material moving  Unlock17.9%13.1%
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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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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