El Cerro vs Hobbs: Housing
| El Cerro | Hobbs | |
|---|---|---|
| Median Home Value | $311,500 | $191,300 |
| Median Gross Rent | $723/mo | $1,112/mo |
| Homeownership Rate | 94.5% | 66.0% |
| Rent as Share of Income | 8.2% | 20.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.
| El Cerro | Hobbs | |
|---|---|---|
| Median Home Value | $311,500 | $191,300 |
| Median Gross Rent | $723/mo | $1,112/mo |
| Homeownership Rate | 94.5% | 66.0% |
| Rent as Share of Income | 8.2% | 20.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.