Apartments for rent in Hobbs, NM

A town located in New Mexico, Hobbs has just under 37,000 residents. It's a nice place to raise a family, as children under 5 account for a higher percentage of the population here (8%) than nationally (6%), while retirees account for a smaller percentage of the city. At an average age of just under 34, the city's population is notably younger than most cities in New Mexico. The majority of Hobbs residents own their homes, and 38% of residents rent. At $877 per month, the average rent is roughly the same as the state average.

Eight percent of Hobbs residents over the age of 25 have earned a Bachelor's, Master's, Professional, or Doctoral degree. There are two primary industries in Hobbs: retail and agriculture. Combined, these industries account for 13% of the city's labor force. Meanwhile, looking at job function, 6% of the city's population works in construction, which ranks as the top profession in the city. With an average annual income of almost $69K, Hobbs workers bring in about $7,000 more than their peers elsewhere in New Mexico. Hobbs, however, compares less favorably to the national average ($73,345).

Hobbs has an average commute time of about 21 minutes, faster than the New Mexico average of about 23 minutes. Driving a vehicle is the most common mode of getting to work, selected by 39% of residents, while public transit isn't extensively used. Walking isn't a common method of commuting to work.