North Hobbs vs Farmington: Housing
| North Hobbs | Farmington | |
|---|---|---|
| Median Home Value | $264,400 | $233,000 |
| Median Gross Rent | $1,319/mo | $1,037/mo |
| Homeownership Rate | 85.6% | 66.2% |
| Rent as Share of Income | 19.2% | 18.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.