88242 Zip Code (North Hobbs, NM) Detailed Profile

Estimated zip code population in 2022: 7,315
Zip code population in 2010: 6,141
Zip code population in 2000: 5,069

Houses and condos: 2,838
Renter-occupied apartments: 448
March 2022 cost of living index in zip code 88242: 85.5 (less than average, U.S. average is 100)

Land area: 55.3 sq. mi.
Water area: 0.1 sq. mi.

Population density: 132 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,476 (0.5%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $656 (0.4%)

For population 25 years and over in 88242:

• High school or higher: 84.3%
• Bachelor's degree or higher: 18.1%
• Graduate or professional degree: 9.7%
• Unemployed: 7.4%
• Mean travel time to work (commute): 21.7 minutes

For population 15 years and over in 88242:

• Never married: 25.0%
• Now married: 58.8%
• Separated: 1.3%
• Widowed: 4.8%
• Divorced: 10.1%

• 
• • 3,75451.3%Hispanic or Latino
  • 3,45447.2%White
  • 520.7%Some other race
  • 540.7%Two or more races

Urban population: 4,215
Rural population: 3,099

Averages for the 2020 tax year for zip code 88242, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $73,606 (Individual Income Tax Returns)

Here:	$73,606
State:	$59,146

Salary/wage: $62,600 (reported on 86.0% of returns)

Here:	$62,600
State:	$48,327

(% of AGI for various income ranges: 1243.4% for AGIs below $25k, 3513.9% for AGIs $25k-50k, 6577.8% for AGIs $50k-75k, 9170.0% for AGIs $75k-100k, 18440.0% for AGIs $100k-200k, 63994.0% for AGIs over 200k)

Taxable interest for individuals: $1,561 (reported on 22.1% of returns)

This zip code:	$1,561
New Mexico:	$1,616

(% of AGI for various income ranges: 7.6% for AGIs below $25k, 7.9% for AGIs $25k-50k, 16.8% for AGIs $50k-75k, 27.0% for AGIs $75k-100k, 101.8% for AGIs $100k-200k, 1066.0% for AGIs over 200k)

Ordinary dividends: $5,106 (reported on 10.6% of returns)

Here:	$5,106
State:	$7,816

(% of AGI for various income ranges: 9.7% for AGIs below $25k, 21.9% for AGIs $25k-50k, 20.0% for AGIs $50k-75k, 70.7% for AGIs $75k-100k, 154.8% for AGIs $100k-200k, 1520.0% for AGIs over 200k)

Net capital gain/loss in AGI: +$14,931 (reported on 11.2% of returns)

Here:	+$14,931
State:	+$19,595

(% of AGI for various income ranges: 8.7% for AGIs below $25k, 17.2% for AGIs $25k-50k, 29.0% for AGIs $50k-75k, 135.6% for AGIs $75k-100k, 444.8% for AGIs $100k-200k, 6530.0% for AGIs over 200k)

Profit/loss from business: +$16,811 (reported on 19.3% of returns)

Here:	+$16,811
State:	+$11,430

(% of AGI for various income ranges: 72.5% for AGIs below $25k, 159.6% for AGIs $25k-50k, 26.2% for AGIs $50k-75k, 252.2% for AGIs $75k-100k, 565.5% for AGIs $100k-200k, 12692.0% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $23,127 (reported on 6.9% of returns)

88242:	$23,127
New Mexico:	$20,970

(% of AGI for various income ranges: 47.0% for AGIs below $25k, 55.6% for AGIs $25k-50k, 124.5% for AGIs $50k-75k, 370.0% for AGIs $75k-100k, 890.9% for AGIs $100k-200k)

Total itemized deductions: $37,579 (reported on 7.5% of returns)

Here:	$37,579
State:	$33,187

(% of AGI for various income ranges: 118.2% for AGIs $25k-50k, 200.7% for AGIs $50k-75k, 252.2% for AGIs $75k-100k, 740.0% for AGIs $100k-200k, 8838.0% for AGIs over 200k)

Charity contributions: $22,707 (reported on 4.7% of returns)

Here:	$22,707
State:	$11,850

(% of AGI for various income ranges: 84.0% for AGIs $50k-75k, 222.7% for AGIs $100k-200k, 4670.0% for AGIs over 200k)

Taxes paid: $5,946 (reported on 7.5% of returns)

88242:	$5,946
State:	$7,150

(% of AGI for various income ranges: 13.0% for AGIs $25k-50k, 23.8% for AGIs $50k-75k, 43.0% for AGIs $75k-100k, 151.8% for AGIs $100k-200k, 1282.0% for AGIs over 200k)

Earned income credit: $2,754 (reported on 16.8% of returns)

Here:	$2,754
State:	$2,323

(% of AGI for various income ranges: 133.0% for AGIs below $25k, 95.3% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 95.6%

Here:	96%
State:	92%

(% for various income ranges: 94.7% for AGIs below $25k, 95.7% for AGIs $25k-50k, 98.0% for AGIs $50k-75k, 97.1% for AGIs $75k-100k, 94.5% for AGIs $100k-200k, 94.1% for AGIs over 200k)

Averages for the 2012 tax year for zip code 88242, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $81,202 (Individual Income Tax Returns)

Here:	$81,202
State:	$50,343

Salary/wage: $61,980 (reported on 88.2% of returns)

Here:	$61,980
State:	$41,171

(% of AGI for various income ranges: 81.9% for AGIs below $25k, 85.7% for AGIs $25k-50k, 88.9% for AGIs $50k-75k, 86.9% for AGIs $75k-100k, 82.9% for AGIs $100k-200k, 35.7% for AGIs over 200k)

Taxable interest for individuals: $1,427 (reported on 23.7% of returns)

This zip code:	$1,427
New Mexico:	$1,677

(% of AGI for various income ranges: 1.0% for AGIs below $25k, 0.3% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.2% for AGIs $75k-100k, 0.5% for AGIs $100k-200k, 0.5% for AGIs over 200k)

Ordinary dividends: $2,528 (reported on 12.2% of returns)

Here:	$2,528
State:	$6,939

(% of AGI for various income ranges: 0.9% for AGIs below $25k, 0.2% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 0.4% for AGIs $100k-200k, 0.4% for AGIs over 200k)

Net capital gain/loss in AGI: +$13,369 (reported on 9.9% of returns)

Here:	+$13,369
State:	+$14,311

(% of AGI for various income ranges: 0.4% for AGIs $25k-50k, 0.5% for AGIs $75k-100k, 1.2% for AGIs $100k-200k, 3.4% for AGIs over 200k)

Profit/loss from business: +$37,891 (reported on 17.2% of returns)

Here:	+$37,891
State:	+$11,059

(% of AGI for various income ranges: 7.4% for AGIs below $25k, 4.1% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.7% for AGIs $75k-100k, 6.2% for AGIs $100k-200k, 13.5% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $15,756 (reported on 6.9% of returns)

88242:	$15,756
New Mexico:	$15,706

(% of AGI for various income ranges: 1.6% for AGIs below $25k, 2.1% for AGIs $25k-50k, 1.7% for AGIs $50k-75k, 1.3% for AGIs $75k-100k, 2.7% for AGIs $100k-200k)

Self-employment retirement plans: $23,767 (reported on 1.1% of returns)

88242:	$23,767
New Mexico:	$18,209

(% of AGI for various income ranges: 1.2% for AGIs $100k-200k)

Total itemized deductions: $24,724 (14% of AGI, reported on 28.2% of returns)

Here:	$24,724
State:	$21,709

Here:	14.1% of AGI
State:	19.8% of AGI

(% of AGI for various income ranges: 9.1% for AGIs below $25k, 5.9% for AGIs $25k-50k, 7.1% for AGIs $50k-75k, 8.9% for AGIs $75k-100k, 9.7% for AGIs $100k-200k, 8.7% for AGIs over 200k)

Charity contributions: $7,564 (reported on 17.9% of returns)

Here:	$7,564
State:	$4,195

(% of AGI for various income ranges: 0.7% for AGIs below $25k, 0.6% for AGIs $25k-50k, 1.0% for AGIs $50k-75k, 1.7% for AGIs $75k-100k, 1.9% for AGIs $100k-200k, 2.1% for AGIs over 200k)

Taxes paid: $7,327 (reported on 27.9% of returns)

88242:	$7,327
State:	$6,176

(% of AGI for various income ranges: 0.7% for AGIs below $25k, 0.7% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 1.9% for AGIs $75k-100k, 2.8% for AGIs $100k-200k, 3.6% for AGIs over 200k)

Earned income credit: $2,256 (reported on 16.4% of returns)

Here:	$2,256
State:	$2,311

(% of AGI for various income ranges: 7.3% for AGIs below $25k, 1.2% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 66.0%

Here:	66%
State:	50%

(% for various income ranges: 62.4% for AGIs below $25k, 63.5% for AGIs $25k-50k, 66.7% for AGIs $50k-75k, 65.6% for AGIs $75k-100k, 69.8% for AGIs $100k-200k, 85.7% for AGIs over 200k)

Averages for the 2004 tax year for zip code 88242, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $44,344 (Individual Income Tax Returns)

Here:	$44,344
State:	$39,572

Salary/wage: $41,031 (reported on 89.8% of returns)

Here:	$41,031
State:	$34,237

(% of AGI for various income ranges: 155.7% for AGIs below $10k, 84.8% for AGIs $10k-25k, 90.3% for AGIs $25k-50k, 89.8% for AGIs $50k-75k, 89.2% for AGIs $75k-100k, 65.9% for AGIs over 100k)

Taxable interest for individuals: $1,177 (reported on 33.8% of returns)

This zip code:	$1,177
New Mexico:	$1,873

(% of AGI for various income ranges: 6.6% for AGIs below $10k, 1.5% for AGIs $10k-25k, 0.8% for AGIs $25k-50k, 0.5% for AGIs $50k-75k, 0.5% for AGIs $75k-100k, 1.1% for AGIs over 100k)

Taxable dividends: $2,369 (reported on 14.6% of returns)

Here:	$2,369
State:	$3,554

(% of AGI for various income ranges: 1.8% for AGIs below $10k, 0.4% for AGIs $10k-25k, 0.1% for AGIs $25k-50k, 0.2% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 2.0% for AGIs over 100k)

Net capital gain/loss: +$9,464 (reported on 10.9% of returns)

Here:	+$9,464
State:	+$10,425

(% of AGI for various income ranges: -1.1% for AGIs below $10k, -0.5% for AGIs $10k-25k, -0.1% for AGIs $25k-50k, 0.9% for AGIs $50k-75k, 0.1% for AGIs $75k-100k, 7.2% for AGIs over 100k)

Profit/loss from business: +$11,655 (reported on 16.4% of returns)

Here:	+$11,655
State:	+$8,875

(% of AGI for various income ranges: -6.3% for AGIs below $10k, 3.5% for AGIs $10k-25k, 2.2% for AGIs $25k-50k, 1.9% for AGIs $50k-75k, 1.1% for AGIs $75k-100k, 10.1% for AGIs over 100k)

IRA payment deduction: $3,760 (reported on 1.4% of returns)

88242:	$3,760
New Mexico:	$2,940

Total itemized deductions: $17,352 (18% of AGI, reported on 22.3% of returns)

Here:	$17,352
State:	$18,103

Here:	18.2% of AGI
State:	21.5% of AGI

(% of AGI for various income ranges: 5.7% for AGIs $10k-25k, 5.1% for AGIs $25k-50k, 7.3% for AGIs $50k-75k, 10.1% for AGIs $75k-100k, 12.5% for AGIs over 100k)

Charity contributions deductions: $4,566 (4% of AGI, reported on 16.5% of returns)

Here:	$4,566
State:	$3,246

Here:	4.4% of AGI
State:	3.6% of AGI

(% of AGI for various income ranges: 1.0% for AGIs $10k-25k, 0.6% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 2.1% for AGIs $75k-100k, 2.8% for AGIs over 100k)

Total tax: $6,552 (reported on 72.5% of returns)

88242:	$6,552
State:	$6,237

(% of AGI for various income ranges: 4.9% for AGIs below $10k, 3.6% for AGIs $10k-25k, 5.9% for AGIs $25k-50k, 8.6% for AGIs $50k-75k, 10.9% for AGIs $75k-100k, 17.5% for AGIs over 100k)

Earned income credit: $1,761 (reported on 17.4% of returns)

Here:	$1,761
State:	$1,796

Percentage of individuals using paid preparers for their 2004 taxes: 62.9%

Here:	63%
State:	57%

(% for various income ranges: 60.8% for AGIs below $10k, 60.5% for AGIs $10k-25k, 64.5% for AGIs $25k-50k, 64.1% for AGIs $50k-75k, 60.6% for AGIs $75k-100k, 69.8% for AGIs over 100k)

Nearest zip codes: 88265, 88260, 79323, 88240, 88231, 88262.
North Hobbs Zip Code Map

Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

• Lesbian couples: 0.0% of all households
• Gay men: 0.3% of all households

Household received Food Stamps/SNAP in the past 12 months: 227
Household did not receive Food Stamps/SNAP in the past 12 months: 2,395

Women who had a birth in the past 12 months: 116 (78 now married, 39 unmarried)
Women who did not have a birth in the past 12 months: 1,692 (888 now married, 790 unmarried)

Housing units in zip code 88242 with a mortgage: 1,350 (56 second mortgage, 28 both second mortgage and home equity loan)
Median monthly owner costs for units with a mortgage: $1,600
Median monthly owner costs for units without a mortgage: $434

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 88242 household income distribution in 2022

• 276Less than $10,000
• 71$10,000 to $14,999
• 156$15,000 to $19,999
• 43$20,000 to $24,999
• 87$25,000 to $29,999
• 42$30,000 to $34,999
• 78$35,000 to $39,999
• 26$40,000 to $44,999
• 86$45,000 to $49,999
• 89$50,000 to $59,999
• 198$60,000 to $74,999
• 441$75,000 to $99,999
• 318$100,000 to $124,999
• 142$125,000 to $149,999
• 314$150,000 to $199,999
• 291$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 88242

• 40Less than $10,000
• 23$10,000 to $14,999
• 63$15,000 to $19,999
• 37$20,000 to $24,999
• 4$25,000 to $29,999
• 6$30,000 to $34,999
• 7$35,000 to $39,999
• 6$40,000 to $49,999
• 40$50,000 to $59,999
• 24$70,000 to $79,999
• 12$80,000 to $89,999
• 25$90,000 to $99,999
• 112$100,000 to $124,999
• 53$125,000 to $149,999
• 229$150,000 to $174,999
• 142$175,000 to $199,999
• 394$200,000 to $249,999
• 234$250,000 to $299,999
• 434$300,000 to $399,999
• 111$400,000 to $499,999
• 108$500,000 to $749,999
• 58$750,000 to $999,999
• 10$1,500,000 to $1,999,999
• 6$2,000,000 or more

• Rent paid by renters in 2022 in zip code 88242

• 5$100 to $149
• 18$300 to $349
• 43$500 to $549
• 5$650 to $699
• 109$800 to $899
• 56$900 to $999
• 38$1,000 to $1,249
• 31$1,250 to $1,499
• 48$1,500 to $1,999
• 14$2,000 to $2,499
• 7$2,500 to $2,999
• 70No cash rent

Median gross rent in 2022: $1,155.

Median price asked for vacant for-sale houses and condos in 2022: $152,365.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $316,705
• American Indian or Alaska Native householders: $108,460
• Asian householders: $1,168,039
• Some other race householders: $205,908
• Two or more races householders: $317,039
• Hispanic or Latino householders: $187,887

Estimated median house or condo value in 2022: $239,949 Lower value quartile - upper value quartile: $166,999 - $341,492

Mean price in 2022:

Detached houses: $289,421

Here:	$289,421
State:	$322,045

Mobile homes: $115,734

Here:	$115,734
State:	$117,675

Housing units in structures:

• One, detached: 1,851
• One, attached: 18
• 3 or 4: 105
• Mobile homes: 829
• Boats, RVs, vans, etc.: 24

Unemployment: 7.4%

• Means of transportation to work in zip code 88242

• 80.5%2,654Drove a car alone
• 11.8%389Carpooled
• 0.5%16Walked
• 2.2%74Other means
• 3.0%100Worked at home

• Travel time to work (commute) in zip code 88242

• 22Less than 5 minutes
• 3065 to 9 minutes
• 61210 to 14 minutes
• 98415 to 19 minutes
• 52820 to 24 minutes
• 14925 to 29 minutes
• 13130 to 34 minutes
• 8840 to 44 minutes
• 12845 to 59 minutes
• 11460 to 89 minutes
• 6390 or more minutes

Percentage of zip code residents living and working in this county: 98.1%

Household type by relationship:

Households: 7,315

• Male householders: 1,560 (341 living alone), Female householders: 1,082 (231 living alone)

• 1,567 spouses (1,543 opposite-sex spouses), 152 unmarried partners, (152 opposite-sex unmarried partners), 2,160 children (1,936 natural, 75 adopted, 154 stepchildren), 99 grandchildren, 81 brothers or sisters, 89 parents, 0 foster children, 154 other relatives, 298 non-relatives

• In group quarters: 38 (-1 institutionalized population)

Size of family households: 1,024 2-persons, 268 3-persons, 328 4-persons, 195 5-persons, 35 6-persons, 57 7-or-more-persons

Size of nonfamily households: 573 1-person, 111 2-persons, 39 4-persons

1,152 married couples with children.
378 single-parent households (260 men, 118 women).

64.7% of residents of 88242 zip code speak English at home.
35.4% of residents speak Spanish at home (68% very well, 21% well, 10% not well, 1% not at all).
0.7% of residents speak other Indo-European language at home (59% very well, 7% well, 35% not at all).

There are 11 Medical Specialists in Zip Code 88242.

Facilities with environmental interests located in this zip code:

• F U AUTO SALVAGE (10576 W STILES RD in HOBBS, NM)

  Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Organizations: MARVIN KUNDE (CONTACT/OWNER)
  

• COLLEGE LANE ELEMENTARY SCHOOL (2000 W COLLEGE LANE in HOBBS, NM)

  ENFORCEMENT/COMPLIANCE ACTIVITY (Integrated Compliance Information System)
  Business SIC classification: ELEMENTARY AND SECONDARY SCHOOLS; SCHOOLS AND EDUCATIONAL SERVICES
  

Housing units lacking complete plumbing facilities: 1.5%
Housing units lacking complete kitchen facilities: 2.4%

Place of birth for U.S.-born residents:

• This state: 3,021
• Northeast: 6
• Midwest: 158
• South: 2,495
• West: 630

60% of the 88242 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 64% lived in this county.
   Out of people who lived in different counties, 50% lived in New Mexico.

97% of the 88242 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 47% moved from this county.
   Out of people who lived in different houses, 30% moved from different county within same state.
   Out of people who lived in different houses, 31% moved from different state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 65
Students in private schools in grades 9 to 12 (high school): 155 Students in private undergraduate colleges: 48

Top industries in this zip code by the number of employees in 2005:

• Administrative and Support and Waste Management and Remediation Services: Security Guards and Patrol Services (250-499 employees: 1 establishment)
• Accommodation and Food Services: Hotels (except Casino Hotels) and Motels (10-19: 1)
• Construction: Electrical Contractors (5-9: 1, 1-4: 3)
• Administrative and Support and Waste Management and Remediation Services: Landscaping Services (5-9: 1)
• Construction: New Single-Family Housing Construction (except Operative Builders) (5-9: 1)
• Mining: Crude Petroleum and Natural Gas Extraction (5-9: 1)
• Real Estate and Rental and Leasing: Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing (5-9: 1)

Most common first names in zip code 88242 among deceased individuals
Name	Count	Lived (average)
James	7	67.0 years
Thomas	5	75.4 years
Dorothy	4	75.0 years
Betty	3	71.3 years
Paul	3	69.3 years
Robert	3	71.6 years
Virginia	3	79.0 years
Lottie	3	87.7 years
Charles	3	71.4 years
Evelyn	3	75.0 years

Most common last names in zip code 88242 among deceased individuals
Last name	Count	Lived (average)
Smith	4	70.7 years
Johnson	3	64.6 years
Martin	3	65.3 years
Teague	3	69.7 years
Campbell	2	79.6 years
Estrella	2	43.6 years
Coppedge	2	88.6 years
Ham	2	74.0 years
Hamilton	2	48.0 years
Garlitz	2	91.5 years