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Situation & Outlook Report

Hobbs, NM Micropolitan Statistical Area
(CBSA 26020)
Geographic-Demographic-Economic Characteristics -- access other areas
See about updates.

This section is no longer being updated. Access the permanent replacement section at http://proximityone.com/cbsa/1/cbsa26020.htm. Please bookmark this new URL.

Access 2018 S&O Reports, featuring county and metro projections to 2030, via the interactive table at http://proximityone.com/metros.htm. The 2018 reports are similar but have been greatly expanded and updated.

Contents of this Report
This document is organized into these sections:
1. Recent Trends & Outlook
2. Overview & Updates
3. Reference & Thematic Pattern Maps
3.1. Lay of the Land
3.2. Neighborhood Patterns of Economic Prosperity
4. Population Characteristics & Trends
4.1. Component City Characteristics
4.2. Component County Characteristics
4.2.1. RDEMS Component County Characteristics
4.3. General Demographic Characteristics
5. Housing Characteristics & Trends
5.1. Total Housing Units
5.2. General Housing Characteristics
5.3. Residential Construction; Housing Units Authorized & Value
5.4. Housing Price Index
6. Economic Characteristics & Trends
6.1. Economic Profile
6.2. Cost of Living Indexes
6.3. Cost of Doing Business Indexes
6.4. Consumer Price Index
6.5. Gross Domestic Product
6.6. Establishments, Employment & Earnings by Type of Business
6.7. Labor Market Characteristics & Trends
7. Education Infrastructure
7.1. Component School District Characteristics
7.2. Component Higher Education Institution Characteristics
8. GeoPolitics
  Terms of Use
  Related Resources
  Using this Document
  Updates
  About Metros & Principal Cities
  Glossary


1. Recent Trends & Outlook
Summary of recent business, demographic, economic trends; year-ahead & 5-year outlook.
- the Recent Trends & Outlook section, updated quarterly, covers topics about this metro such as .. assessing the implications of next jobs report .. impact of Fed''s interest rate action .. which sectors are expanding or contracting .. housing market conditions .. insights to help your planning and decision-making. The Recent Trends & Outlook section is available in the subscription edition.

2. Overview & Update
The total population of the Hobbs, NM MISA metro changed from 64,625 in 2010 to 69,930 in 2015, a change of 6,555 (10.1%). Among all 917 metros, this metro was ranked number 501 in 2010 and 475 in 2015, based on total population. Annual net migration was -85 (2011), 574 (2012), 1,408 (2013), 945 (2014), 945 (2015). View annual population estimates and components of change table. See more about population characteristics below.

This metro is projected to have a total population in 2020 of 73,309. The projected population change from 2010 to 2020 is 8,665 (13.4%). The population ages 65 years and over is projected to change from 7,179 (2010) to 10,655 (2020), a change of 3,476 (48.4%). See more about population projections.

Based on per capita personal income (PCPI), this metro was ranked number 328 in 2008 and 154 in 2014. among the 917 metros for which personal income was estimated.The PCPI changed from $35,170 in 2008 to $45,185 in 2014, a change of $10,015 (28.5%). Per capita personal income (PCPI) is a comprehensive measure of individual economic well-being. Use the interactive table to compare PCPI in this metro to other metros. See more about PCPI in Economic Characteristics section below.

Attributes of driil-down, small area geography within the metro ... metros account for 65,744 of the national scope 73,056 census tracts (others are in non-metro areas). This metro is comprised of 18 tracts covering the metro wall-to-wall. View, rank, compare demographic-economic attributes of these tracts using the interactive tables. Use the CBSA code 26020; see table usage details below the table.

3. Lay of the Land & Neighborhood Patterns of Economic Prosperity   go top

3.1. Lay of the Land go top
Lay of the Land. The following map shows the metro with bold boundary.
Counties are labeled with county name and state-county FIPS code.

 
  View developed with CV XE GIS software.   See this section to learn about making custom metro maps.

3.2. Patterns of Economic Prosperity by Neighborhood go top

Median household income by census tract (see color/data legend at left of map).

 
  View developed with CV XE GIS software.   See this section to learn about making custom metro maps.

4. Population Characteristics & Trends go top
Updated monthly, quarterly, annually. Housing market conditions and extended detail Available in subscription edition.

4.1. Component City Characteristics go top
Principal Cities (about principal cities); Click link to view city profile.
  •   Hobbs

Cities 10,000 population and over; click link to view city profile.
  AreaCensus
2010
July 1
2010
July 1
2011
July 1
2012
July 1
2013
July 1
2014
Change
2010-14
%Change
2010-14
  Hobbs, NM (3532520) 34,122 34,095 34,384 34,993 36,154 37,118 3,023 8.90
  Lovington, NM (3544490) 11,009 10,993 11,059 11,266 11,591 11,840 847 7.70

All places interactive tables General Demographics | Social | Economic | Housing
All places time series population estimates interactive table.

4.2. Component County Characteristics   go top
Updated periodically, annually. General demographics, social characteristics and extended detail Available in subscription edition.

Metropolitan areas are defined as one or more contiguous counties based on a set of demographic-economic criteria. Counties comprising the metro are shown below. For multi-county metros, this section provides insights into how the population is changing by county. Many metros changed geographic composition (counties included in the metro) between the Census 2010 vintage and the current vintage. These changes, if any, are also shown below (county is marked with **). See projections in related section.Click county code link to view county components of change.

  AreaJuly 1
2010
PctJuly 1
2011
PctJuly 1
2012
PctJuly 1
2013
PctJuly 1
2014
PctJuly 1
2015
Pct
Metro Summary ... more details 197,069 100.0 202,628 100.0 202,375 100.0 202,173 100.0 203,483 100.0 204,275 100.0
  Lea County (35025) 64,625 32.8 65,077 32.1 66,258 32.7 68,298 33.8 69,930 34.4 71,180 34.8

All counties interactive tables General Demographics | Social | Economic | Housing
All counties population estimates & components of change time series interactive table.

4.2.1. RDEMS County Characteristics
Updated quarterly. For more information, see RDEMS Main.
Links open HSG1 Housing & New Residential Construction section. Select other sections from list above table.
No counties presently available for this metro.

4.3. General Demographic Characteristics
Updated annually. For more information, detail & to compare areas use interactive table.
  Item20132014Change
2013-14
%Change
2013-14
Total Population: Race/Origin 68,062 69,999 1,937 2.85
  One race 65,656 69,042 3,386 5.16
    White 60,423 61,834 1,411 2.34
    Black/African American 60,423 61,834 1,411 2.34
    American Indian/Alaska Native 418 693 275 65.79
    Asian alone 112 0 -112 -100.00
    Native Hawaiian/Pacific Islander 0 0 0...
    Some other race alone 3,108 3,315 207 6.66
  Two or more races 2,406 957 -1,449 -60.22
  Hispanic or Latino (of any race) 36,978 38,969 1,991 5.38
Population 25 years and over 40,930 41,724 794 5.38
  % high school graduate or higher 74.2 69.4 -4.8 -6.47
  % bachelor's degree or higher 13.3 11.1 -2.2 -16.54
Total Households 22,418 21,805 -613 -16.54
  Median household income ($) 56,191 61,351 5,160 9.18
  Mean household income ($) 73,423 72,347 -1,076 -1.47
  Item20132014Change
2013-14
%Change
2013-14
Total Population: Gender & Age 68,062 69,999 1,937 2.85
  Male 35,027 36,320 1,293 -1.47
  Female 33,035 33,679 644 -1.47
  Under 5 years 5,637 5,848 211 -1.47
  5 to 9 years 5,415 5,124 -291 -5.37
  10 to 14 years 6,320 6,513 193 3.05
  15 to 19 years 5,087 5,493 406 7.98
  20 to 24 years 4,673 5,297 624 13.35
  25 to 34 years 9,869 10,146 277 2.81
  35 to 44 years 8,186 9,126 940 11.48
  45 to 54 years 8,513 7,902 -611 -7.18
  55 to 59 years 4,134 3,909 -225 -5.44
  55 to 59 years 4,134 3,909 -225 -5.44
  60 to 64 years 3,129 3,301 172 5.50
  65 to 74 years 4,175 3,742 -433 -10.37
  75 to 84 years 2,085 2,942 857 41.10
  85 years and over 839 656 -183 -21.81
  Median age 31.9 31.8 -0.1 -0.31
  18 years and over 47,535 49,429 1,894 3.98
  21 years and over 44,563 45,729 1,166 2.62
  62 years and over 8,840 8,886 46 0.52
  65 years and over 7,099 7,340 241 3.39

5. Housing Characteristics & Trends go top
Updated monthly, quarterly, annually. Housing market conditions and extended detail Available in subscription edition.

5.1. Total Housing Units
Updated Annually. Independent annual model-based estimates. For more information, detail & to compare areas use interactive table.
  ItemCensus
2010
July 1
2010
July 1
2011
July 1
2012
July 1
2013
July 1
2014
Change
2010-2014
%Change
2010-2014
  Total Housing Units 24,919 24,910 24,964 24,969 25,014 25,084 174 0.70

5.2. General Housing Characteristics
Updated Annually. For more information, detail & to compare areas use interactive table.
  Item20132014Change
2013-14
%Change
2013-14
Housing Units: Units in Structure 24,898 25,092 194 0.78
  1-unit, detached 17,433 17,052 -381 -2.19
  1-unit, attached 558 611 53 9.50
  2 units 335 359 24 7.16
  3 or 4 units 132 313 181 137.12
  5 to 9 units 681 53 -628 -92.22
  10 to 20 units 154 350 196 127.27
  20 or more units 1,035 1,421 386 37.29
  Item20132014Change
2013-14
%Change
2013-14
Housing Units: Occupancy & Tenure 24,898 25,092 194 0.78
  Occupied Housing Units 22,418 21,805 -613 -2.73
    Owner 15,302 15,994 692 4.52
    Renter 7,116 5,811 -1,305 -18.34
  Vacant Housing Units 2,480 3,287 807 32.54
  Homeowner vacancy rate 2.80 0.60 -2.20...
  Rental vacancy rate 3.70 8.90 5.20...
Average household size; owner-occ 2.99 3.15 0.16 5.35
Average household size; renter-occ 2.83 2.92 0.09 3.18
Median Value $ owner occupied 105,400 114,100 8,700 8.25
Median Rent $ renter occupied 843 779 -64 -7.59

6. Economic Characteristics & Trends go top

6.1. Economic Profile go top
The Economic Profile shows shows derivation and key components of total personal income. Data are organized by place of residence and place of work. The place of residence profile includes estimates of total personal income, population, and per capita personal income. The place of work profile includes estimates of total earnings, total employment and average earnings per job. Updated annually. See related interactive table.

  Item20112012201320142015Change
2011-2015
%Change
2011-2015
Personal income 2,321,789 2,528,481 2,538,993 2,639,970 2,491,168 169,379 7.3
  Net earnings 1/ 1,616,293 1,790,978 1,813,974 1,848,827 1,646,506 30,213 1.9
  Personal current transfer receipts 460,455 451,582 448,211 494,356 538,265 77,810 16.9
    Income maintenance 2/ 56,370 56,683 56,975 56,317 57,367 997 1.8
    Unemployment insurance compensation 13,500 8,640 6,383 4,254 5,234 -8,266 -61.2
    Retirement and other 390,585 386,259 384,853 433,785 475,664 85,079 21.8
  Dividends, interest, and rent 3/ 245,041 285,921 276,808 296,787 306,397 61,356 25.0
  Population 4/ 65,077 66,258 68,298 69,930 71,180 6,103 9.4
  Per capita personal income 35,678 38,161 37,175 37,752 34,998 -680 -1.9
  Per capita net earnings 24,837 27,030 26,560 26,438 23,132 -1,705 -6.9
  Per capita personal current transfer receipts 7,076 6,816 6,563 7,069 7,562 486 6.9
    Per capita income maintenance 866 855 834 805 806 -60 -6.9
    Per capita unemployment insurance compensation 207 130 93 61 74 -133 -64.3
    Per capita retirement and other 6,002 5,830 5,635 6,203 6,683 681 11.3
  Per capita dividends, interest, and rent 3,765 4,315 4,053 4,244 4,305 540 14.3
  Earnings by place of work 1,944,961 2,170,877 2,249,855 2,333,191 2,078,861 133,900 6.9
    Wages and salaries 1,426,891 1,616,117 1,718,032 1,913,475 1,756,906 330,015 23.1
    Supplements to wages and salaries 313,522 362,544 361,222 379,322 378,205 64,683 20.6
      Employer cont. for empl. pension & insur. funds 6/ 206,097 244,109 235,060 240,083 246,631 40,534 19.7
      Employer cont. for government social insurance 107,425 118,435 126,162 139,239 131,574 24,149 22.5
    Proprietors' income 204,548 192,216 170,601 40,394 -56,250 -260,798 -127.5
      Nonfarm proprietors' income 68,727 67,502 90,439 116,326 58,536 -10,191 -14.8
      Farm proprietors' income 135,821 124,714 80,162 -75,932 -114,786 -250,607 -184.5
Total full-time and part-time employment 36,137 38,369 40,122 41,725 40,286 4,149 11.5
  Wage and salary jobs 30,112 31,959 33,309 34,958 33,357 3,245 10.8
  Number of proprietors 6,025 6,410 6,813 6,767 6,929 904 15.0
    Number of nonfarm proprietors 7/ 410 395 399 408 409 -1 -0.2
    Number of farm proprietors 5,615 6,015 6,414 6,359 6,520 905 16.1
Average earnings per job (dollars) 53,822 56,579 56,075 55,918 51,603 -2,219 -4.1
  Average wages and salaries 47,386 50,568 51,579 54,736 52,670 5,284 11.2
  Average nonfarm proprietors' income 24,189 20,734 12,498 -11,941 -17,605 -41,794 -172.8
Dollar items are in current dollars (not adjusted for inflation). Per capita items in dollars; other dollar items in thousands of dollars.
See related notes.

6.2. Cost of Living Indexes   go top
Updated periodically. Available in subscription edition.

6.3. Cost of Doing Business Indexes   go top
Updated periodically. Available in subscription edition.

6.4. Consumer Price Index   go top
Updated monthly. Available in subscription edition.

6.5. Gross Domestic Product by Sector   go top
Updated quarterly, annually. For more information, detail & to compare areas use interactive table. Additional detail in subscription edition.

6.6. Establishments, Employment & Earnings by Detailed Type of Business go top
Updated quarterly. For more information, detail & to compare areas use interactive table.

Use the following links to access detailed establishment and employment data by type of business (CSV files).
  .. see notes on using these files.
  2013Q1 .. 2013Q2 .. 2013Q3 .. 2013Q4 .|. 2014Q1 .. 2014Q2 .. 2014Q3 .. 2014Q4 .|. 2015Q1 .. 2015Q2 .. 2015Q3 .. 2015Q4 .. 2016Q1 .. 2016Q2
 
6.7. Labor Market Characteristics & Trends go top
Updated monthly. Available in subscription edition.
For more information, detail & to compare areas use interactive table.
Table shows 13 most recent months.
  ItemAug15Sep15Oct15Nov15Dec15Jan16Feb16Mar16Apr16May16Jun16Jul16Aug16
Unemplymnt Rate 6.6 6.9 7.1 7.2 7.2 7.4 7.6 8.2 8.2 8.7 10.0 9.9 9.6
Unemployment 1,918 1,959 2,010 2,047 2,042 2,138 2,198 2,325 2,345 2,483 2,842 2,787 2,689
Employment 26,966 26,517 26,348 26,416 26,342 26,639 26,819 26,130 26,231 25,939 25,540 25,427 25,211
Labor Force28,88428,47628,35828,46328,38428,77729,01728,45528,57628,42228,38228,21427,900

7. Education Infrastructure   go top

7.1. Component School District Characteristics   go top
Districts in this metro. Updated periodically. See related School District interactive table.
District NameCity Name District
Code
Locale
Code
CountyState2012-13
Enrollment
2013 Total
Population
Grade Relevant
Pop Ages 5-17
Eunice Municipal SchoolsEunice 35009603335025NM 634 3,407 695
Hobbs Municipal SchoolsHobbs 35012603335025NM 9,078 45,236 9,624
Jal Public SchoolsJal 35013504335025NM 414 2,267 452
Lovington Municipal SchoolsLovington 35017403335025NM 3,568 15,618 3,527
Tatum Municipal SchoolsTatum 35025504335025NM 331 1,540 331

Number of districts: 5 ... Total enrollment: 14,025
All school districts interactive tables General Demographics | Social | Economic | Housing
All school districts enrollment & adminstratively reported data interactive table.

7.2. Component Higher Education Institution Characteristics   go top
2014-15 School Year. Extended detail Available in subscription edition.
  Institution City Name Code LevelTotal UG EnrollmentFulltime UG EnrollmentTotal Grad EnrollmentFulltime Grad Enrollment
New Mexico Junior College Hobbs, NM1879033 3,332 664 0 0
University of the Southwest Hobbs, NM1881827 366 238 643 119

  Number of institutions: 2 ... Total undergraduate enrollment: 3,698
  Levels: 3-Assoc degree, 4-at least 2, but < 4 years, 5-Bach degree, 6-Postbacc cert, 7 Masters degree, 8 Post-masters cert, 9 Doctors degree

8. GeoPolitics   go top
Updated periodically. Voting patterns, citizen voting age population, state legislative districts, congressional districts .. in this metro.
Available in subscription edition.

Notes
  • All data are for current vintage county and metro definition.
  • Developed by ProximityOne -- Metro Reports (888-364-7656)
  • Data sources: ProximityOne, Census Bureau, Bureau of Economic Analysis, Bureau of Labor Statistics, Federal Housing Finance Agency,
    National Center for Education Statistics.

Updates go top
The subscription edition updates frequently. Selected items are listed below. Register to receive update notifications.
  • Overview lead narrative; quarterly & annual/March.
  • Housing Price Index (section 5.4) quarterly.
  • Establishments, employment & earnings (section 6.6) quarterly.
  • Economic profile and personal income (section 6.1) annual/November.
  • Labor market situation (section 6.7) monthly.
  • Residential construction; units authorized & value (section 5.3.) monthly.
  • Population by county; annual series 2010-2016 (section 4.2.) annual/July.
  • Population by county; links for individual counties (section 4.2.) annual/July.
      -- includes annual data 2010-2016.
      -- includes components of change; race/origin; single year of age; age group summaries.
  • Total population and components of change; annual/March.
  • Census tracts overview section; annual/December.
  • General Demographics section updated/extended; annual/December.
  • Gross Domestic Product section; annual/September.
  • Higher education institutions; annual/February.
  • Metro & county demographic component detailed annual estimates; annual/March.
  • School districts in metro & K-12 enrollment; annual/August.
More about schedule and upcoming events ... Calendar ... Upcoming Events ... Find Event

Terms of Use go top
Situation & Outlook Reports are a proprietary resource developed by ProximityOne. There is no warranty of any type associated with any aspect of this report. The user of this document is solely responsible to any use, direct or indirect, that might be made of this document.

Related Resources go top
  • Metros main page
  • Current estimates and projections: states to 2030, counties & metros to 2020 by age, counties & states to 2060.
  • Making Custom Metropolitan Area Maps
  • Rental Market Conditions by Metropolitan Area
  • Metro Gross Domestic Product
  • Housing Price Index
  • Establishments, Employment & Earnings
  • Regional Economic Information System
  • ACS 2014 1-year General Demographics ... Social Characteristics ... Economic Characteristics ... Housing Characteristics

Using this Document go top
The Situation & Outlook Report, a component of the Situation & Outlook, is a core ProximityOne information resource providing insights into characteristics and trends of counties, metropolitan areas, states and the U.S. The Report also provides a gateway to drill-down demographic, economic and business data for smaller geographic areas.

Metropolitan areas include approximately 94 percent of the U.S. population -- 85 percent in metropolitan statistical areas (MSAs) and 9 percent in micropolitan statistical areas (MISAs).

About Metropolitan Areas & Principal Cities -- scroll section go top
Metropolitan Areas are designated by OMB ("Standards for Delineating Metropolitan and Micropolitan Statistical Areas") based mainly on Census Bureau-sourced data. Metropolitan areas are defined as Metropolitan Statistical Areas (MSA) and Micropolitan Statistical Areas (MISA). MSAs and MISAs are also referred to a Core-Based Statistical Areas (CBSAs). Contiguous CBSAs are defined as Combined Statistical Areas (CSA).

By definition, metropolitan areas are comprised of one or more contiguous counties. Metropolitan areas are not single cities and typically include many cities. Metropolitan areas are comprised of urban and rural areas and often have large expanses of rural territory. A business and demographic-economic synergy exists within each metro; metros often interact with adjacent metros. The demographic-economic make-up of metros vary widely and change often. See more about metros.

Principal Cities. The largest city in each metropolitan or micropolitan statistical area is designated a "principal city." Principal cities are designated by OMB based on Census-sourced data. Additional cities qualify as principal cities if specified requirements are met concerning population size and employment. The title of each metropolitan or micropolitan statistical area consists of the names of up to three of its principal cities and the name of each state into which the metropolitan or micropolitan statistical area extends. Titles of metropolitan divisions also typically are based on principal city names but in certain cases consist of county names.

One or more principal cities are designated within each Metropolitan Statistical Area (MSA) and Micropolitan Statistical Area (MISA). The term "principal city" is defined in the OMB "Standards for Delineating Metropolitan and Micropolitan Statistical Areas." A principal city is an OMB designation applied to one or more incorporated places and/or census designated places (CDPs). The OMB standards designate a Principal City (or Cities) of a Core-Based Statistical Area (CBSA) as determined by:
  a) The largest incorporated place with a 2010 Census population of at least 10,000 in the CBSA or,
        if no incorporated place of at least 10,000 population is present in the CBSA,
        the largest incorporated place or census designated place in the CBSA; and
  b) Additional places with 2010 Census population of at least 250,000 or in which 100,000 or more persons work; and
  c) Additional places with 2010 Census population of 50,000-250,000,
        and number of workers working in the place meets or exceeds the number of workers living in the place; and
  d) Additional places with 2010 Census population of 10,000-50,000, and at least one-third the population size of the largest place,
        and in which the number of workers working in the place meets or exceeds the number of workers living in the place.

ProximityOne User Group go top
Join the ProximityOne User Group to keep up-to-date with new developments relating to metros and component geography decision-making information resources. Receive updates and access to tools and resources available only to members. Use this form to join the User Group.

Support Using these Resources go top
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Additional Information go top
ProximityOne develops geographic-demographic-economic data and analytical tools and helps organizations knit together and use diverse data in a decision-making and analytical framework. We develop custom demographic/economic estimates and projections, develop geographic and geocoded address files, and assist with impact and geospatial analyses. Wide-ranging organizations use our tools (software, data, methodologies) to analyze their own data integrated with other data. Follow ProximityOne on Twitter at www.twitter.com/proximityone. Contact us (888-364-7656) with questions about data covered in this section or to discuss custom estimates, projections or analyses for your areas of interest.

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