88242 ZIP Code – Hobbs, New Mexico
ZIP Code 88242 is located in Hobbs, New Mexico and has a population of approximately 7,312 residents. The median household income is $82,041.
This ZIP code is part of Lea County. Nearby ZIP codes include 88244, 79323, 88260.
ZIP Code 88242 Data
Population
7,312
Median Household Income
$82,041
Median Home Value
$213,200
Median Rent
$1,168
Median Age
33.8
Unemployment Rate
8.2%
Poverty Rate
11.3%
Bachelor's Degree or Higher
15.1%
County
Lea County
State
New Mexico
See more demographics for:
ZIP 88242 vs. New Mexico vs. U.S.
| Metric | ZIP 88242 | NM Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 7,312 | 5,896 | 10k |
| Median Household Income | $82k | $55k | $73k |
| Median Home Value | $213k | $190k | $258k |
| Median Rent | $1,168 | $897 | $1,088 |
| Median Age | 33.8 | 46.2 | 43.2 |
| Unemployment Rate | 8.2% | 6.3% | 5.0% |
| Poverty Rate | 11.3% | 19.9% | 13.3% |
| Bachelor's Degree or Higher | 15.1% | 23.0% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 88244 – Hobbs
- 79323 – Denver City
- 88260 – Lovington
- 88240 – Hobbs
- 88265 – Monument
- 88262 – Mcdonald
- 79360 – Seminole
- 88231 – Eunice
- 79355 – Plains
- 88264 – Maljamar
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 88244 | HOBBS | 1,183 | Not provided |
| 79323 | DENVER CITY | 7,275 | $71,723 |
| 88260 | LOVINGTON | 15,498 | $72,510 |
| 88240 | HOBBS | 41,652 | $63,083 |
| 88265 | MONUMENT | 129 | Not provided |