Hobbs vs Farmington
| Hobbs | Farmington | |
|---|---|---|
| Population | 39,782 | 46,457 |
| Median Household Income | $64,021 | $68,784 |
| Median Home Value | $191,300 | $233,000 |
| Median Gross Rent | $1,112/mo | $1,037/mo |
| Homeownership Rate | 66.0% | 66.2% |
| Unemployment Rate | 6.2% | 3.9% |
| Bachelor's Degree or Higher | 17.3% | 26.2% |
| Median Age | 32.5 | 38.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.