Hobbs vs Farmington: Housing
| Hobbs | Farmington | |
|---|---|---|
| Median Home Value | $191,300 | $233,000 |
| Median Gross Rent | $1,112/mo | $1,037/mo |
| Homeownership Rate | 66.0% | 66.2% |
| Rent as Share of Income | 20.8% | 18.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.