Lovington vs Hobbs
| Lovington | Hobbs | |
|---|---|---|
| Population | 11,495 | 39,782 |
| Median Household Income | $68,821 | $64,021 |
| Median Home Value | $166,100 | $191,300 |
| Median Gross Rent | $1,014/mo | $1,112/mo |
| Homeownership Rate | 72.9% | 66.0% |
| Unemployment Rate | 7.3% | 6.2% |
| Bachelor's Degree or Higher | 8.4% | 17.3% |
| Median Age | 32.0 | 32.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.