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MapMap ViewNorth Hobbs, NM 88242 has a population of approximately 7,167 and experiences a population change rate of 41.39%. The population density is 129.5 / sq mi .
The median household income for North Hobbs, NM 88242 is $77,534, with 2,606 households and an average household size of 2.89.
The median value of a home in North Hobbs, NM 88242 is $212,700 with an appreciation rate of 6.20%. 73.76% of housing in the state is owned while 18.52% is rented.
The cost of living in North Hobbs, NM 88242 is 94.6 %.
The unemployment rate in North Hobbs, NM 88242 is 2.90%, and recent job growth is at 3.23%. Future job growth is projected at 47.05%.
The sales tax rate in North Hobbs, NM 88242 is 6.69%, while the income tax rate is 4.90% .
School expenditures in North Hobbs, NM 88242 are $11,926, and the school ratio is 17.1:1.
The average high temperature in July is 93.4 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 16.5 inches per year, with 3.1 inches of snow per year.
