Smart Movers Club

    Moving to Hobbs, NM

    Is Hobbs a good place to live?

    Watch Hobbs

    Hobbs ranks #6 of 11 New Mexico cities with 25,000+ people on the Smart Movers livability score (50/100), which weighs home affordability, unemployment, education and population growth. Population grew 0.3% in the latest Census year.

    Median home value
    $180,700
    +9.5% vs prior year
    Median rent
    $1,132
    per month
    Household income
    $65,691
    median
    Unemployment
    6.6%
    lower is better

    Cost of living in Hobbs

    The median home value in Hobbs is $180,700 and median rent is $1,132 a month, against a median household income of $65,691. Homes cost about 2.8× a year of income (under 3× is considered affordable).

    Hobbs crime rate

    City-level FBI figures vary by agency; across New Mexico the 2025 rate was 648 violent and 2,351 property crimes per 100,000 people — #1 highest of 50 states. The full report breaks down local trends.

    Moving to Hobbs, NM

    Hobbs has about 39,887 residents, 6.6% unemployment and 10% of adults with a bachelor's degree or higher.

    Compare Hobbs with

    Hobbs vs AlbuquerqueHobbs vs Las CrucesHobbs vs Rio RanchoHobbs vs Santa FeHobbs vs RoswellHobbs vs FarmingtonHobbs vs ClovisHobbs vs South Valley

    More: Where to move in New Mexico · Best counties in New Mexico

    Sources: U.S. Census Bureau ACS 5-year estimates (2023, compared with 2022); FBI Crime Data Explorer.

    Home listings, local news, migration, schools, resources and the Smart Movers Grade & Verdict.

    See the full Smart Movers Club report