Is North Hobbs, NM growing?
North Hobbs, NM had an estimated 6,034 (±753) residents in 2020–2024, against 6,301 in 2015–2019.
That is a change of −4.2%, not a measurable change.
Its housing went from 2,586 to 1,967 homes (−23.9%), a measurable decrease.
4.7% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 6,034 (±753)
- Amount of change
- −4.2%
- Homes change
- −23.9%
- Built 2020 or later
- 4.7%
Residents and homes in North Hobbs, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 6,301 (±567) | 6,034 (±753) | −4.2% | Not a measurable change |
| Housing units | 2,586 (±179) | 1,967 (±222) | −23.9% | Measurable decrease |
| Households that rent | 24.4% (±6.8 points) | 14.4% (±5.7 points) | −10.0 percentage points | Measurable decrease |
| Median gross rent | $1,007 (±$119) | $1,319 (±$179) | +31.0% | No measurable change after inflation |
| Median home value | $186,000 (±$14,454) | $264,400 (±$14,255) | +42.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in North Hobbs against Lea County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| North Hobbs | −4.2% | Not a measurable change | −23.9% |
| Lea County | +4.9% | Measurable increase | +6.7% |
| New Mexico | +1.3% | Measurable increase | +2.0% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in North Hobbs
| Year built | North Hobbs | Lea County | New Mexico | United States |
|---|---|---|---|---|
| 2020 or later | 4.7% (±4.7 points) | 1.8% | 1.4% | 2.0% |
| 2010 to 2019 | 19.9% (±6.2 points) | 14.0% | 8.4% | 9.4% |
| 2000 to 2009 | 11.6% (±5.4 points) | 8.8% | 15.5% | 13.6% |
24.6% of the homes in North Hobbs were built in 2010 or later.
The median age of residents is 31.7 years.
Growth in places near North Hobbs
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| North Hobbs | — | 6,034 | −4.2% | Not a measurable change |
| Hobbs | 3.7 mi | 40,252 | +4.9% | Measurable increase |
| Lovington | 18 mi | 11,498 | +0.1% | Not a measurable change |
| Denver City | 22 mi | 4,368 | −10.5% | Measurable decrease |
| Eunice | 23 mi | 3,015 | −0.7% | Not a measurable change |
| Seminole | 28 mi | 7,184 | −5.3% | Measurable decrease |
| Plains | 34 mi | 1,235 | −0.6% | Not a measurable change |
| Seagraves | 34 mi | 2,691 | −5.1% | Not a measurable change |
| Tatum | 35 mi | 598 | −17.6% | Not a measurable change |
North Hobbs is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about North Hobbs
Is North Hobbs growing?
North Hobbs, NM had an estimated 6,034 residents in 2020–2024 and 6,301 in 2015–2019, a change of −4.2%: not a measurable change by the Census Bureau’s test.
How many homes have been added in North Hobbs?
The estimated number of housing units went from 2,586 in 2015–2019 to 1,967 in 2020–2024 (−23.9%), a measurable decrease.
How much new construction is there in North Hobbs?
4.7% of homes in North Hobbs were built in 2020 or later and 19.9% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — North Hobbs CDP, New Mexico
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Hobbs CDP, New Mexico
- Total Population (B01003), 2015–2019 ACS 5-year estimates — North Hobbs CDP, New Mexico
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — North Hobbs CDP, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — North Hobbs CDP, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Hobbs CDP, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Hobbs CDP, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) for North Hobbs CDP, New Mexico (place:52500, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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.
Figures last updated on .
Related
- Housing in North Hobbs at a glance
- Median rent in North Hobbs
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- Income and affordability in North Hobbs
- Home values in North Hobbs
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- Crowding and facilities in North Hobbs
- New Mexico landlord and tenant rules
- Housing across Lea County
- Housing data for every place in New Mexico