North Hobbs vs Farmington
| North Hobbs | Farmington | |
|---|---|---|
| Population | 5,863 | 46,457 |
| Median Household Income | $82,554 | $68,784 |
| Median Home Value | $264,400 | $233,000 |
| Median Gross Rent | $1,319/mo | $1,037/mo |
| Homeownership Rate | 85.6% | 66.2% |
| Unemployment Rate | 6.1% | 3.9% |
| Bachelor's Degree or Higher | 12.1% | 26.2% |
| Median Age | 31.7 | 38.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.