Groundwork

Funeral services · Small-town market · New Mexico

Funeral homes in the Hobbs, NM area

How the Hobbs, NM area compares with other small-town markets and the U.S. for funeral homes: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 44 out of 100: Lower middle

Ranked #209 of 365 scored small-town markets
#3 of 3 scored small-town markets based in New Mexico

Listings
7
0 chain locations (0%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$3M
On funerals · $122 a household
Spending per listing
$429K
37% below the U.S.
Listings per 10k households
2.8
33% above the U.S.
Population, 2025
74,749
+0.2% since 2020

See the funeral homes around any address in the Hobbs area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Hobbs area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Households in the Hobbs area spend about $3M a year on funerals, or $122 per household, 15% below the U.S. average. That works out to $429K per home, 37% below the U.S. figure of $679K.

There are 7 funeral homes on map listings in the Hobbs area as of September 2026. None of them are chain locations, against 10% across the U.S. That comes to 2.8 for every 10,000 households, 33% above the U.S. rate of 2.1.

Official counts don’t publish a figure for funeral homes and funeral services in the Hobbs area, since they leave out counts under 3.

Population estimates show the Hobbs area grew 0.2% from 2020 to 2025, slower than the U.S. (+3.1%). The Hobbs area scores 44 (lower middle) on the Groundwork market score for funeral homes, ranking #209 of 365 scored small-town markets and #3 of 3 scored small-town markets based in New Mexico.

How the Hobbs area compares

The same measures for New Mexico and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Hobbs, NM area compared with New Mexico and the U.S.
MeasureHobbs areaNew MexicoU.S.
Listings per 10k households2.81.42.1
Spending per listing$429K$1.1M$679K
Households per official establishmentn/a12,6888,510
Official establishment growth, 2019–2023n/a+8.2%−1.7%
Population growth, 2020–2025+0.2%+0.3%+3.1%
Spending per household on funerals$122$149$143
Median household income$68,015$64,059$80,734
Groundwork market score4468

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
70 chain locations
Listings at the U.S. rate for this spending
4The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in the Hobbs area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Hobbs area

Population, 2025 estimate
74,749+0.2% since 2020
Households
24,670
Median age
32.5
Homes lived in by their owners
71%
Vehicles per household
2.0
Land area
4,392 sq. mi.
People per square mile
17
Median household income
$68,015+12.3% vs. 2015–2019, before inflation
Average household income
$91,389
Median home value
$184,000
Jobs located here
33,256
Daytime population
77,341Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Hobbs area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Hobbs area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across New Mexico

Every New Mexico market ranked →

The highest-scoring small-town markets in New Mexico for funeral homes, numbered among those based in New Mexico, with the Hobbs area marked.

Top small-town markets in New Mexico

Small-town markets in New Mexico ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Gallup, NM5552.3$618K−6.1%#144 of 365
2Roswell, NM5362.5$575K−2.7%#158 of 365
3Hobbs, NM4472.8$429K+0.2%#209 of 365

Other business types in the Hobbs area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Hobbs, NM area?

As of September 2026, map listings count 7 funeral homes in the Hobbs area. None of them are chain locations. The listings count funeral homes, mortuaries and cremation services. No official count is published for funeral homes and funeral services in the Hobbs area: counts under 3 are left out.

How much do households in the Hobbs, NM area spend on funerals?

About $3M a year, or $122 per household. That is 15% below the U.S. average (an index of 85, where 100 is the U.S. average). Spread across the 7 funeral homes on map listings, it comes to $429K per home. It is estimated from the incomes of the 24,670 households in the Hobbs area and national spending patterns by income.

How does the Hobbs, NM area compare with the U.S. for funeral homes?

The Hobbs area has 2.8 funeral homes per 10,000 households, 33% above the U.S. rate of 2.1. Spending per home is $429K, 37% below the U.S. figure of $679K. At the U.S. ratio of funeral homes to household spending, the Hobbs area would have about 4, against 7 on map listings.

How fast is the Hobbs, NM area growing?

Population estimates put the Hobbs area at 74,749 people in 2025, up 0.2% since 2020, slower than the U.S. (+3.1%). It has 24,670 households. The median household income in the Hobbs area is $68,015 a year, 16% below the U.S. median of $80,734. That rose 12.3% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Hobbs area scores 44 for funeral homes (lower middle), #209 of 365 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Hobbs area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Hobbs area

Screening a site or an acquisition in the Hobbs area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Hobbs area. Signed out, you see a blurred preview; on an account, each report is one action.

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

Figures are estimates for research only. Not investment or real estate advice.