Hobbs vs Albuquerque
| Hobbs | Albuquerque | |
|---|---|---|
| Population | 39,782 | 562,551 |
| Median Household Income | $64,021 | $68,317 |
| Median Home Value | $191,300 | $291,500 |
| Median Gross Rent | $1,112/mo | $1,145/mo |
| Homeownership Rate | 66.0% | 61.8% |
| Unemployment Rate | 6.2% | 5.3% |
| Bachelor's Degree or Higher | 17.3% | 39.2% |
| Median Age | 32.5 | 38.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.