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The median household income ($82,041) for 88242 is more than 79360 ($81,607), 88240 ($63,083), 88260 ($72,510), Lea County ($65,855), Hobbs city ($63,804), and North Hobbs CDP ($78,608).
| 88242 | $82,041 |
| Hobbs city | $63,804 |
| North Hobbs CDP | $78,608 |
| Lea County | $65,855 |
The average household income ($99,873) for 88242 is more than 79360 ($91,978), 88240 ($85,711), 88260 ($87,298), Lea County ($86,086), Hobbs city ($88,552), and North Hobbs CDP ($92,101).
| 88242 | $99,873 |
| Hobbs city | $88,552 |
| North Hobbs CDP | $92,101 |
| Lea County | $86,086 |
The per-capita income for 88242 is $36,403. The per capita income ($36,403) for 88242 is more than 79360 ($28,326), 88240 ($29,843), 88260 ($28,221), Lea County ($29,635), Hobbs city ($30,660), and North Hobbs CDP ($32,384).
| 88242 | $36,403 |
| Hobbs city | $30,660 |
| North Hobbs CDP | $32,384 |
| Lea County | $29,635 |
10.7% of households make over $200,000 a year. The percent high income households (10.7%) for 88242 is more than 79360 (5.9%), 88240 (7.2%), 88260 (5.7%), Lea County (7.0%), Hobbs city (8.1%), and North Hobbs CDP (8.4%).
| 88242 | 10.7% |
| Hobbs city | 8.1% |
| North Hobbs CDP | 8.4% |
| Lea County | 7.0% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 88242 | $61,014 | $85,395 | $106,389 | $44,000 |
| Hobbs city | $32,104 | $78,684 | $69,203 | $35,828 |
| North Hobbs CDP | $-1 | $80,049 | $87,981 | $49,792 |
| Lea County | $42,719 | $76,833 | $73,560 | $36,142 |
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 88242 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 88242 | +/-$7,643 | +/-$12,619 | +/-$4,886 | +/-4.1% | +/-$9,778 | +/-$13,180 | +/-$30,826 | +/-$26,896 |
| Hobbs city | +/-$5,254 | +/-$9,460 | +/-$3,405 | +/-3.0% | +/-$17,311 | +/-$14,902 | +/-$15,802 | +/-$11,883 |
| North Hobbs CDP | +/-$11,986 | +/-$14,262 | +/-$5,422 | +/-4.5% | +/-$-1 | +/-$10,103 | +/-$16,986 | +/-$26,830 |
| Lea County | +/-$4,832 | +/-$5,803 | +/-$1,867 | +/-1.9% | +/-$19,805 | +/-$8,051 | +/-$9,172 | +/-$4,180 |
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