Hobbs vs Rio Rancho
| Hobbs | Rio Rancho | |
|---|---|---|
| Population | 39,782 | 104,351 |
| Median Household Income | $64,021 | $89,596 |
| Median Home Value | $191,300 | $310,200 |
| Median Gross Rent | $1,112/mo | $1,514/mo |
| Homeownership Rate | 66.0% | 82.2% |
| Unemployment Rate | 6.2% | 4.6% |
| Bachelor's Degree or Higher | 17.3% | 34.0% |
| Median Age | 32.5 | 39.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.