88240Hobbs, New Mexico

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 88240.

54out of 100
Area Score
Bottom 28% of 5,298 published profiles

How we calculate this

How this area ranks
Opportunity4481st of 6,210 published ZIP areas44
GrowthTop 38% of 5,428 published ZIP areas57
Housing affordabilityTop 24% of 6,685 published ZIP areas93
ClimateTop 27% of 6,789 published ZIP areas76
Physical resilience6451st of 6,709 published ZIP areas8
AccessTop 39% of 6,791 published ZIP areas95
Economic stability5448th of 6,742 published ZIP areas40
The quick read

Employment conditions sit below most comparable published ZIP profiles: unemployment is 4.3% and the Opportunity signal places 88240 in the bottom 28%.

Physical-risk exposure is above the national median, driven mainly by inland flooding, wildfire and hail.

A major airport is 13 miles away, giving the area unusually direct access to the national air network.

At a glance

Population
41,557
2024 ACS 5-Year
Median household income
$63,270
Bottom 36% nationally
Density
69/sq mi
600.2 sq mi of land
Median age
31.2
2024 ACS 5-Year
City
Hobbs
New Mexico
Metro area
Hobbs, NM
Nearest major airport
HOB
13 mi · Lea County Rgnl
Median home value
$186,900
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 4.3% is lower than 56% of the 6,544 measured US ZIP areas.

Employment fell 2.3% over the past year, to 19,091 employed residents.

MetricValueCompared with peersSource period
Median household income ±$6,977$63,270Bottom 36%2024 ACS 5-Year
Per capita income ±$3,603$31,306Bottom 31%2024 ACS 5-Year
Poverty rate19.4%Top 20%2024 ACS 5-Year
Average commute23.4 minBottom 27%2024 ACS 5-Year
Bachelor's degree or higher16.2%Bottom 29%2024 ACS 5-Year
Employment19,091Bottom 18%June 2026
Employment change (3 years)3.8%Top 10%June 2026
Employment change (year over year)-2.3%Bottom 14%June 2026
Labor force19,953Bottom 18%June 2026
Labor force participation63.5%Top 39%2024 ACS 5-Year
Unemployment change (year over year)0.6%Top 27%June 2026
Unemployment rate4.3%Bottom 44%June 2026
Median household income, successive ACS releases
202120222023202465k59k
Each point is a separate five-year estimate, most recently $63,270 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.

The Bureau of Labor Statistics does not publish labor-force data for ZIP areas. This is the figure for Hobbs, NM, the city containing this ZIP code.

There are 16.9 students for every full-time teacher, more than in most measured places.

Public schools
18
2024-25 school year
Students per teacher
16.9
across all schools here
Math proficiency
Reading proficiency
SchoolDistrictStudentsPer teacherMathReading
HOBBS HIGHHOBBS2,31218.5
HOUSTON MIDDLE SCHOOLHOBBS82218.7
HIGHLAND MIDDLE SCHOOLHOBBS80818.0
HOBBS FRESHMAN HIGHHOBBS74717.4
HEIZER MIDDLE SCHOOLHOBBS60614.1
COLLEGE LANE ELEMENTARYHOBBS53217.7
SOUTHERN HEIGHTS ELEMENTARYHOBBS47215.2
STONE ELEMENTARYHOBBS42919.5
TAYLOR ELEMENTARYHOBBS42616.4
MURRAY ELEMENTARYHOBBS42214.1
CORONADO ELEMENTARYHOBBS42219.2
MILLS ELEMENTARYHOBBS41118.7

64.5% of students here are eligible for free or reduced-price lunch. That describes the circumstances families arrive with rather than how the schools perform, which is why AreaProfile shows it and does not score it.

Public schools only, from the NCES Common Core of Data. Schools are placed by ZIP code, so this is which schools are in this place rather than which one a particular address is zoned for — district boundaries do not follow municipal ones, and enrollment zones change. Fully virtual schools are excluded: they enroll students from across the state while reporting one administrative address, and counting them here would describe a school population this place does not have. The assessment covers grades 3 through 8, so a high school shows no proficiency figure — a dash in those columns means the test was not given at that school, not that it performed badly. Proficiency is measured against New Mexico’s own standard, so it compares cleanly within the state and only broadly against other states; AreaProfile therefore ranks it within state. The directory is current, while the proficiency figures are from the last school year with national coverage before the pandemic interrupted testing.

Housing & affordability

How it’s calculated →

Median rent of $1,100 takes 21% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 3.0 times median household income here, close to the historic benchmark for an affordable market.

Rent as a share of income
20.9%
Below the 30% cost-burdened threshold
Home price to income
3.0×
median home value ÷ median income
Median gross rent
$1,100
2024 ACS 5-Year
Median home value
$186,900
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income2.95Bottom 45%2024 ACS 5-Year
Homeownership rate67.1%Bottom 24%2024 ACS 5-Year
Housing units ±46216,720Top 6%2024 ACS 5-Year
Median gross rent ±$55$1,100Top 43%2024 ACS 5-Year
Median home value ±$12,835$186,900Bottom 41%2024 ACS 5-Year
Rent as a share of income20.9%Top 30%2024 ACS 5-Year
Vacancy rate13.1%Top 43%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
57/ 100
Top 38% of 5,428 published city profiles

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

New construction is predominantly single-family: only 0% of permitted units are in buildings of five or more homes.

At 3.3 permitted units per 1,000 residents, building activity is above the median for measured US ZIP areas.

Units permitted
133
12 months ending July 2026
Per 1,000 residents
3.3
Top 45% nationally
Year over year
+15%
vs the prior twelve months
Multifamily share
0.0%
units in 5+ unit buildings

The Building Permits Survey is not published for ZIP areas. This is the figure for Hobbs, NM, the city containing this ZIP code.

Weather & climate

8 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 92°F and January a low of 30°F.

Normal annual precipitation is 14.8 inches, including 1.4 inches of snow.

Air quality measures a median index of 44, in the Good band, and about 5 days a year pass 100, the threshold at which the air is unhealthy for sensitive groups.

20°40°60°80°100°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station HOBBS 13W, 6.0 miles from this location.
Precipitation
JFMAMJJASOND2.5"
Normal monthly precipitation, in inches.
MetricValueSource period
90th percentile air quality index71.02024 calendar year
Annual precipitation14.8"1991-2020 Normals
Annual snowfall1.4"1991-2020 Normals
Average January low30°F1991-2020 Normals
Average July high92°F1991-2020 Normals
Comfortable months81991-2020 Normals
Days above AQI 10052024 calendar year
Median air quality index44.02024 calendar year
Seasonal temperature swing36°F1991-2020 Normals
Air quality
Median air quality index
44
Good on a typical day
Worst tenth of days
71
90th percentile index
Days above 100
5
unhealthy for sensitive groups

A comfortable median and a bad tail are different problems. Wildfire smoke and summer ozone show up in the worst tenth of days, not in the middle of the year.

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today. Air quality is measured rather than modelled, by EPA monitors, and published by county only where a monitor sits — roughly half the counties AreaProfile publishes have one, and the rest show nothing rather than an estimate. Air masses are regional, so a county reading describes the air over a place reasonably well, but it is still the county reading.

Physical risk

8 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are inland flooding, wildfire and hail.

WildfireHigh
HailElevated
Winter weatherModerate
Inland floodingHigh
DroughtModerate
Heat waveModerate
TornadoModerate

Low or minimal exposure: lightning, strong wind, cold wave, ice storm, hurricane, earthquake, landslide.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. ZIP values are the land-area-weighted mean of the counties the ZIP Code Tabulation Area intersects. Expected annual loss is not allocated below county level. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

These are deaths, not offences. AreaProfile does not publish reported crime, and this is not a substitute for it — it says nothing about burglary, theft or assault.

Lea County records 6.1 homicide deaths per 100,000 residents a year, near the middle of counties measured. The CDC does not publish this below county level.

Firearm deaths of all intents run at 15.6 per 100,000 — more than the homicide rate, because nationally most firearm deaths are suicides.

Drug overdose deaths run at 30.5 per 100,000 residents in Lea County.

Homicide
6.1
per 100,000 residents · under 10 deaths
Firearm deaths, all intents
15.6
per 100,000 residents · under 10 deaths
Drug overdose
30.5
per 100,000 residents · under 10 deaths
Suicide
17.9
per 100,000 residents · under 10 deaths

Firearm deaths count every intent together, and nationally the majority are suicides rather than homicides. The two columns overlap and should not be added.

Age-adjusted rates from provisional death certificate records, published by the CDC for Lea County as a whole — these rates are not published below county level. A county can hold both a dense city centre and a suburb whose experience of it is nothing alike, so this describes the county around 88240 rather than 88240 itself. That is why AreaProfile shows these figures and does not put them in the Area Score. Where fewer than ten deaths were recorded the count is suppressed at source, and a rate built on single figures moves sharply between releases. What this measure has that reported crime does not: a death certificate is filed whether or not the local police agency submitted a return that year, so the figures stay comparable between places and over time.

What this profile does not cover

Three things people look for are missing from every AreaProfile page, and each is missing for a reason rather than by oversight. The Area Score is calculated without them and the weighting is documented on the methodology page.

Reported crime
The FBI’s Crime Data Explorer is the only source for reported offences with national coverage and a published method, and it requires an API key AreaProfile does not hold. Arrest counts, news volume and commercial “safety scores” are not substituted in the meantime. What is published above under Safety is a different measurement — deaths rather than offences, from death certificates rather than police returns — and it covers no property crime at all.
Taxes
No tax dataset has met the source admission test for coverage, transparent methodology and update cadence. Nothing here is individualized tax advice.
Full cost of living
No public source publishes one with national coverage and a documented method. Housing affordability above is computed from published rent, price and income, and excludes transport, groceries, healthcare, insurance and taxes — commuting cost in particular tends to offset suburban housing savings.

Access

3 major airports lie within 100 miles, the nearest 13 miles away.

AirportCodeDistanceLongest runway
Lea County RgnlHOB13 mi8,000 ft
Roswell Air CenterROW76 mi13,000 ft
Midland Intl Air and Space PortMAF89 mi9,501 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Area Score
54
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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)
safetyU.S. Centers for Disease Control and Prevention, National Center for Health Statistics
Provisional county-level mortality by intent
April, 2025 to March, 2026Quarterly, with a rolling twelve-month window alongside complete calendar years
schoolsU.S. Department of Education, National Center for Education Statistics
Common Core of Data and EDFacts assessments
2024-25 school yearDirectory annually; assessment results as EDFacts releases them
ClimateU.S. Environmental Protection Agency, Air Quality System
Daily Air Quality Index by county
2024 calendar yearAnnually, once a calendar year is complete

Profile recalculated August 30, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

88240 vs Hobbs

How this ZIP area compares with Hobbs as a whole. Both figures come from the same ACS release, so the comparison is like for like.

88240
Hobbs
Median household income
$63,270
vs
$64,021
Per capita income
$31,306
vs
$32,862
Population density
69/sq mi
vs
1,524/sq mi
Median home value
$186,900
vs
$191,300
Median gross rent
$1,100
vs
$1,112
Homeownership rate
67.1%
vs
66.0%
Bachelor's degree or higher
16.2%
vs
17.3%
Poverty rate
19.4%
vs
19.7%
Median age
31.2
vs
32.5

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.