How many renters in Hobbs, NM pay more than 30% of their income on rent?

Name: Rent burden in Hobbs, NM, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

46.0% (±9.7 points) of renting households in Hobbs, NM spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

40.4% spend 35% or more.

The median renting household spends 28.9% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 46.0% (±9.7 points)
Paying 35% or more: 40.4% (±9.1 points)
Median share of income: 28.9% (±2.7 points)

Rent as a share of income in Hobbs

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Hobbs	Lea County	New Mexico	United States
Less than 15%	14.5% (±5.6 points)	14.4%	14.3%	12.6%
15% to 19.9%	11.3% (±6.7 points)	13.4%	12.5%	12.2%
20% to 24.9%	9.4% (±4.2 points)	7.7%	11.5%	12.6%
25% to 29.9%	18.7% (±6.9 points)	16.0%	11.5%	11.5%
30% to 34.9%	5.6% (±3.5 points)	7.8%	8.5%	9.2%
35% or more	40.4% (±9.1 points)	40.6%	41.7%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Hobbs against Lea County, its state and the nation

Estimate (90% margin of error)
	Hobbs	Lea County	New Mexico	United States
Paying 30% or more	46.0% (±9.7 points)	48.4% (±7.7 points)	50.2% (±1.1 points)	51.1%
Paying 35% or more	40.4% (±9.1 points)	40.6% (±6.9 points)	41.7% (±0.9 points)	41.9%
Median share of income	28.9% (±2.7 points)	29.5% (±2.5 points)	30.1% (±0.5 points)	30.6%
Median renter household income	$36,431 (±$8,696)	$37,522 (±$6,065)	$40,497 (±$955)	$52,966
Median gross rent	$1,112 (±$54)	$1,101 (±$52)	$1,067 (±$11)	$1,413

In Hobbs, the share of renters paying 30% or more of income is not measurably different from Lea County (48.4%).

It is not measurably different from New Mexico (50.2%).

It is not measurably different from the national figure (51.1%).

In Lea County, Hobbs ranks 3 of 6 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 100 of 189.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Hobbs

Nearest places with a published estimate, compared with Hobbs
Place	Distance	Renters paying 30% or more of income	Compared with this place
Hobbs	—	46.0% (±9.7 points)	—
North Hobbs	3.7 mi	36.4% (±29.1 points)	Not measurably different
Lovington	18 mi	60.0% (±22.4 points)	Not measurably different
Eunice	20 mi	31.4% (±37.3 points)	Not measurably different
Denver City	25 mi	11.5% (±22.3 points)	Lower
Seminole	30 mi	38.2% (±26.0 points)	Not measurably different
Plains	37 mi	14.4% (±42.2 points)	Not measurably different
Tatum	37 mi	94.5% (±42.6 points)	Higher
Seagraves	38 mi	38.4% (±23.4 points)	Not measurably different

Nearby places with a measurably lower figure: Denver City, TX (11.5%).

Nearby places with a measurably higher figure: Tatum, NM (94.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Lea County, place by place

Rank	Place	Renters paying 30% or more of income
1	Tatum	94.5% (±42.6 points)
2	Lovington	60.0% (±22.4 points)
3	Hobbs	46.0% (±9.7 points)
4	North Hobbs	36.4% (±29.1 points)
5	Eunice	31.4% (±37.3 points)
6	Jal	31.3% (±64.7 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Hobbs

Are renters in Hobbs rent-burdened?

46.0% of renting households in Hobbs pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Hobbs spend on rent?

The median renting household in Hobbs, NM spends 28.9% (±2.7 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hobbs city, New Mexico (place:32520, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.