Groundwork

Small-town market profile · New Mexico

Hobbs, NM area market data

Population, household spending and competition for 56 business types in the Hobbs area, each scored against other small-town markets.

Population, 2025
74,749
+0.2% since 2020
Households
24,670
Median household income
$68,015
+12.3% vs. 2015–2019, before inflation
Median home value
$184,000
Jobs located here
33,256
Highest market score
82
Pet businesses, #10 of 527 scored small-town markets

A site report maps the competitors on map listings around any address in the Hobbs area by name and distance, and the households and spending within reach. 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.

Free10 actions over 3 days, no card

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

What this means

An estimated 74,749 people live in the Hobbs area, in 24,670 households. Population estimates show the Hobbs area grew 0.2% from 2020 to 2025, slower than the U.S. (+3.1%). 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.

Set against the U.S., households in the Hobbs area spend the most on vehicle maintenance and repairs (an index of 117, where 100 is the U.S. average) and the least on clothing, shoes and related services (82).

The highest Groundwork market scores in the Hobbs area are for pet businesses (82), pet grooming and boarding businesses (81) and veterinarians (81). The Hobbs area ranks #10 of 527 scored small-town markets for pet businesses.

The Hobbs area is made up of one county, Lea County. For its number of households, the Hobbs area has the most map listings, relative to the U.S., for gas stations (3 times the U.S. rate) and the fewest for medical and dental practices (48% below the U.S. rate).

All 56 business types in the Hobbs area

Highest Groundwork market score first. Each score compares the Hobbs area with other small-town markets for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Hobbs, NM area, highest Groundwork market score first, with its rank among small-town markets, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among small-town marketsListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Pet businesses82#10 of 527239.3$969K1105
Pet grooming and boarding81#11 of 38752.0$4.5M175Under 3
Veterinarians81#13 of 39862.4$3.7M1375
Martial arts and dance studios80#9 of 37872.8$3.4M170Under 3
Hair salons78#17 of 5384116.6$561K1304
Pet stores76#20 of 22052.0$4.5M99Under 3
Gyms, studios and classes76#24 of 5353213.0$750K1134
Real estate agents and brokers73#36 of 5334518.2Index only1694
Optometrists and eye care73#38 of 40052.0$6M1904
Doctors, dentists and clinics71#80 of 53810843.8$276K18142
Landscaping and lawn care70#62 of 39993.6$3.3M1147
Lawn, cleaning and pest control69#68 of 481135.3$2.3M13817
Roofing and gutters68#46 of 28852.0$12.8M1514
Grocery stores64#112 of 506135.3$10.9M1179
Gyms63#119 of 506249.7$1M774
Child care and preschools63#119 of 454145.7$1.1M10716
Real estate62#117 of 5365823.5Index only16620
Salons, barbers and spas61#141 of 5389940.1$232K1099
Primary care and pediatrics61#144 of 458176.9$1.8M9813
Dentists and orthodontists60#169 of 526239.3$1.3M13211
Chiropractors57#160 of 426124.9$2.5M1046
Property management56#70 of 18072.8Index only10711
Pizza55#203 of 520166.5$5.6M11156
Spas and skin care50#249 of 504228.9$1M119Under 3
Nail salons49#218 of 387187.3$1.3M773
Car washes and detailing46#248 of 441135.3$2.1M847
Insurance agencies45#302 of 5373614.6$1.4M11028
Auto repair shops45#336 of 5387630.8$363K8231
Funeral homes44#209 of 36572.8$429K63Under 3
Grocery and convenience stores44#349 of 5388233.2$1.7M5111
Fast food and sandwich shops43#340 of 5373715.0$2.4M8056
Auto repair and car care42#353 of 53812651.1$219K8149
Collision repair and body shops41#266 of 387135.3$2.1M699
HVAC and plumbing41#326 of 476197.7$3.4M7122
Barbershops40#253 of 377176.9$1.4M72Under 3
Bakeries and dessert shops39#369 of 507249.7$3.7M9020
Laundromats38#108 of 15072.8$6M483
Tire shops38#311 of 431208.1$1.4M557
Sit-down restaurants37#412 of 53817671.3$511K7747
Restaurants and cafes35#413 of 538291118.0$309K83128
Coffee shops and cafes35#434 of 5293112.6$2.9M7820
Home repair trades30#472 of 5264217.0$1.5M6354
Convenience stores29#450 of 5295321.5$2.7M34Under 3
Gas stations26#486 of 5368032.4$883K3739
Electricians23#280 of 295187.3$3.6M3028
Clothing, shoes and laundry22#496 of 5368534.5$490K5631
Clothing and shoe stores22#497 of 5366425.9$651K5128
Dry cleanersNot scoredNot scored72.8$6M38Under 3
Oil change and quick lubeNot scoredNot scored52.0$5.5M403
Mortgage brokers and lendersNot scoredNot scored41.6Index only266Under 3
Pest controlNot scoredNot scored31.2$10M98Under 3
Physical therapyNot scoredNot scored31.2$9.9M4138
Home inspectorsNot scoredNot scored20.8Index onlyToo fewUnder 3
House cleaningNot scoredNot scored10.4$30.1MToo few10
Urgent care and walk-in clinicsNot scoredNot scored10.4$29.8MToo fewUnder 3
Yoga, Pilates and fitness studiosNot scoredNot scored10.4$24MToo few4

Household spending in the Hobbs area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Hobbs, NM area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$27.6M$1,118117
Gasoline and other fuels$70.7M$2,864110
Food away from home$89.9M$3,64590
Groceries$141.7M$5,74591
Personal care products and services$23M$93393
Child care and other personal services$15.1M$611105
Memberships, classes and admissions$24M$97399
Medical and dental services$29.8M$1,20694
Pets$22.3M$90399
Clothing, shoes and related services$41.7M$1,68982
Vehicle insurance$49.7M$2,016103
Home repairs, maintenance and insurance$64M$2,59386
Lawn care, cleaning and other household services$30.1M$1,22186
Rent and homeowner costs$415.8M$16,856101

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

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 competitors on map listings by name and distance, for any of the 56 business types.

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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Questions

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. Against the 2015–2019 survey, median household income rose 12.3%, before inflation.

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

Households in the Hobbs area spend about $415.8M a year on rent and homeowner costs, $141.7M on groceries and $89.9M on food away from home. Relative to the U.S., household spending in the Hobbs area runs highest on vehicle maintenance and repairs (an index of 117, where 100 is the U.S. average) and lowest on clothing, shoes and related services (82).

Which business types have the highest market scores in the Hobbs, NM area?

Of the business types scored in the Hobbs area, pet businesses (82), pet grooming and boarding businesses (81) and veterinarians (81) have the highest Groundwork market scores. For pet businesses, that ranks #10 of 527 scored small-town markets.

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

Median household income in the Hobbs area is $68,015, 16% below the U.S. median of $80,734. The population rose 0.2% from 2020 to 2025, against +3.1% for the U.S. The median home value is $184,000, against $332,700 for the U.S. Against the U.S., map listings per household run highest for gas stations (3 times the U.S. rate) and lowest for medical and dental practices (48% below the U.S. rate).

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. 47 of the 56 business types have a score in the Hobbs area, each ranked against other 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 competitors 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.

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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.