Hobbs vs Albuquerque: Housing
| Hobbs | Albuquerque | |
|---|---|---|
| Median Home Value | $191,300 | $291,500 |
| Median Gross Rent | $1,112/mo | $1,145/mo |
| Homeownership Rate | 66.0% | 61.8% |
| Rent as Share of Income | 20.8% | 20.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.