Economy & Jobs — Hobbs, New Mexico
Income & Employment
| Median Household Income (Census) | $64,021 |
|---|
| Estimated 2026 | ~$74,900 |
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| Per Capita Income | $33,083 |
|---|
| Poverty Rate | 19.7% |
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| Unemployment Rate | 6.2% |
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| In Labor Force | 18,708 |
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Top Industries
| Industry | Share |
|---|
| Agriculture | 19.0% |
| Education Healthcare | 14.6% |
| Retail | 11.5% |
Local Businesses (County)
| Type | Count |
|---|
| Fast Food | 55 |
| Full Service Restaurants | 44 |
| Gas Stations | 31 |
| Hotels Motels | 30 |
| Insurance Agencies | 28 |
| General Merchandise | 23 |
| Commercial Banks | 18 |
| Child Day Care | 16 |
| Coffee Shops | 16 |
| Law Offices | 13 |
| Dental Offices | 12 |
| Auto Repair | 11 |
| Clothing Stores | 9 |
| Grocery Stores | 8 |
| Physician Offices | 8 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
