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The median household income ($88,654) for 88242 is less than the median household income for North Hobbs CDP ($89,279). But it's more than 79360 ($85,360), 88240 ($65,394), 88260 ($75,197), Lea County ($68,750), and Hobbs city ($65,691).
| 88242 | $88,654 |
| Hobbs city | $65,691 |
| North Hobbs CDP | $89,279 |
| Lea County | $68,750 |
The average household income ($107,299) for 88242 is more than 79360 ($95,990), 88240 ($91,592), 88260 ($91,275), Lea County ($92,292), Hobbs city ($93,807), and North Hobbs CDP ($103,035).
| 88242 | $107,299 |
| Hobbs city | $93,807 |
| North Hobbs CDP | $103,035 |
| Lea County | $92,292 |
The per-capita income for 88242 is $36,740. The per capita income ($36,740) for 88242 is more than 79360 ($30,492), 88240 ($32,233), 88260 ($28,040), Lea County ($31,554), Hobbs city ($33,083), and North Hobbs CDP ($34,610).
| 88242 | $36,740 |
| Hobbs city | $33,083 |
| North Hobbs CDP | $34,610 |
| Lea County | $31,554 |
13.8% of households make over $200,000 a year. The percent high income households (13.8%) for 88242 is more than 79360 (8.6%), 88240 (8.3%), 88260 (7.5%), Lea County (8.5%), Hobbs city (9.2%), and North Hobbs CDP (11.5%).
| 88242 | 13.8% |
| Hobbs city | 9.2% |
| North Hobbs CDP | 11.5% |
| Lea County | 8.5% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 88242 | $92,833 | $107,740 | $88,250 | $56,818 |
| Hobbs city | $40,118 | $75,858 | $70,504 | $35,837 |
| North Hobbs CDP | $95,170 | $109,034 | $85,875 | $77,600 |
| Lea County | $46,827 | $76,341 | $79,449 | $35,182 |
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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 2023 5-year estimates. You can find this information and other demographics for 88242 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.
| 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 | +/-$8,113 | +/-$12,501 | +/-$4,648 | +/-4.1% | +/-$27,026 | +/-$23,983 | +/-$17,605 | +/-$44,108 |
| Hobbs city | +/-$6,349 | +/-$10,305 | +/-$3,702 | +/-3.0% | +/-$19,588 | +/-$13,540 | +/-$16,173 | +/-$8,808 |
| North Hobbs CDP | +/-$7,486 | +/-$14,616 | +/-$4,939 | +/-4.7% | +/-$9,034 | +/-$19,332 | +/-$27,368 | +/-$43,787 |
| Lea County | +/-$4,810 | +/-$6,872 | +/-$2,112 | +/-2.1% | +/-$15,976 | +/-$5,329 | +/-$11,318 | +/-$3,557 |
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