88240 Zip Code Map | Maps, Demographics and Population for Hobbs, NM
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88240 is a 5-digit zip code located in Hobbs, New Mexico. Hobbs is the primary city for 88240 and is located in Lea. In the most recent US census the population of 88240 was 42386.
There are a total of 16,218 housing units in 88240, New Mexico. A total of 12.13% (1,968) are currently vacant.
| Heading | Statistic |
|---|---|
| Timezone | GMT-7 |
| City Name | Hobbs |
| Housing Units | 16,218 |
| Median Home Value | $161,400 |
| Universities | 1 |
| Law Enforcement | 3 Locations |
| Hospitals | 2 |
| Heading | Statistic |
|---|---|
| Current Population | 42,386* |
| Avg Income | $63,083 |
| Occupied Houses | 14,207 |
| Vacant Houses | 1,968 |
| * Population taken from the last census in 2020. |
Zip Code Products Showing 88240
New Mexico 3-Digit Zip Code Map Showing 88240
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County Map Showing 88240, New Mexico
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You can download our data and files for 88240 here for FREE. If you need any data that isn't available here please get in touch through our contact form.
Population Figures for 88240
Total Population by Age
88240 has a total population of 42,386. In the bar chart and table below, this population is split into 18 different age range segments.
Most inhabitants of 88240 are in the 5 to 9 years age bracket. As of the last census, there are 3,879 people in this segment.
The 80 to 84 years segment is the smallest age range in 88240. There are just 487 people in this category.
| Age Range | Population |
|---|---|
| Under 5 | 3,790 |
| 5 to 9 | 3,879 |
| 10 to 14 | 3,171 |
| 15 to 19 | 3,701 |
| 20 to 24 | 3,448 |
| 25 to 29 | 3,225 |
| 30 to 34 | 2,823 |
| 35 to 39 | 2,631 |
| 40 to 44 | 1,857 |
| Age Range | Population |
|---|---|
| 45 to 49 | 2,450 |
| 50 to 54 | 2,247 |
| 55 to 59 | 2,035 |
| 60 to 64 | 1,922 |
| 65 to 69 | 1,859 |
| 70 to 74 | 907 |
| 75 to 79 | 580 |
| 80 to 84 | 487 |
| Over 85 | 640 |
Race and Gender Population of 88240
Men make up the highest portion of people in 88240. There are 21,099 men and 20,553 women in this 5-digit zip code.
There are no people who identify as: Native Hawaiian in this 88240 zip code.
Most people in this zip code are White, with a total of 23,855 people in this category.
The chart and table below shows the population of people and which race they belong to in 88240
| Gender | Population |
|---|---|
| Male | 21,099 |
| Female | 20,553 |
| Race | Population |
|---|---|
| White | 23,855 |
| Black | 2,427 |
| American Indian | 386 |
| Asian | 394 |
| Some other race | 3,893 |
Real Estate Figures
| Median Rent | Median House Value | Median Rooms in House | Most Common Heating Type |
|---|---|---|---|
| $534 | $161,400 | 5.2 rooms | Electricity |
Housing Types in 88240 Zip Code
Below are two charts showing the amount of occupied vs vacant homes and the amount of renter vs owner occupied houses in the 88240 zip code.
The 88240 zip code area has a homeowner vacancy rate of 18.06% and a rental vacancy rate of 27.17%. This means there are a total of 1,968 vacant housing units throughout the zip code area. Conversely there are 14,207 housing units that are currently occupied.
| Occupied Units | Vacant Units | Owner Vacancy Rate | Rental Vacancy Rate |
|---|---|---|---|
| 14,207 | 1,968 | 18.06% | 27.17% |
| Owner-Occupied | Renter-Occupied |
|---|---|
| 8,932 | 5,275 |
Property Value in 88240
Most homes in 88240 are valued $200,000 to $299,999, with 20,108,030 houses in this category.
There are just 0 houses valued at $200,000 to $299,999. As you can see in the chart and table below, this is the smallest segment in this zip code.
The affordability ratio for the 88240 zip code in New Mexico is 1.9. This is calculated by dividing the median housing value by the median income and is used to show how affordable a zip code is.
An affordability ratio of 1.9 is generally considered Low (Affordable).
| House Value | Units |
|---|---|
| Less than $50,000 | 601,050 |
| $50,000 to $99,999 | 10,809,080 |
| $100,000 to $149,999 | 10,402,070 |
| $150,000 to $199,999 | 10,604,060 |
| $200,000 to $299,999 | 20,108,030 |
| House Value | Units |
|---|---|
| $300,000 to $499,999 | 702,000 |
| $500,000 to $999,999 | 404,030 |
| $1,000,000 or more | 0 |
| Median House Value | $161,400 |
Heating Types for Homes in 88240
There are 7 different heating types used by people in the 88240 zip code area. As you can see from the table and chart below; Utility gas, Bottled, tank, or LP gas, Electricity, Wood, Solar energy, Other fuel, No fuel used are the most commonly used heating types in this area.
Electricity is most commonly used to heat homes in 88240. As you can see below, there are 6,779 houses that use this method.
| Heating Type | Units |
|---|---|
| Utility gas | 6,551 |
| Bottled, tank, or LP gas | 573 |
| Electricity | 6,779 |
| Fuel oil, kerosene, etc. | 0 |
| Coal or coke | 0 |
| Heating Type | Units |
|---|---|
| Wood | 109 |
| Solar energy | 83 |
| Other fuel | 46 |
| No fuel used | 66 |
Household Income Generated 12-months of 2022
The chart and tables below show the household income segments for households in the 88240. 8.2 of households are on the low end, earning less than $10,000 in 2022.
On the other end, 7.2 of households earned more than $200,000 in the same year. You will also see that the mean income of this zip code is around $85,711.
Most households in 88240 earn in the $50,000 to $74,999 range. 19% of households are in this segment.
| Income Range | Percent |
|---|---|
| Less than $10,000 | 8.2 |
| $10,000 to $14,999 | 5.2 |
| $15,000 to $24,999 | 7.3 |
| $25,000 to $34,999 | 10 |
| $35,000 to $49,999 | 9 |
| $50,000 to $74,999 | 19.4 |
| Income Range | Percent |
|---|---|
| $75,000 to $99,999 | 11.5 |
| $100,000 to $149,999 | 15.9 |
| $150,000 to $199,999 | 6.2 |
| $200,000 or more | 7.2 |
| Mean income | $85,711 |
Bedrooms, Rooms and Units in Structures in 88240
Below are three pie charts and tables showing the amount of bedrooms, total rooms and structures in houses for this zip code.
Most houses in 88240 have 5 or more bedrooms, with a total of 615 houses.
In regards to rooms in general, people in this zip code have an average of 5.2 rooms in their house. Most houses actually have 5 rooms in their house. 4,679 homes fit into this category.
4,679 homes in 88240 are in the 1-unit, detached category, which is the most common in terms of structures for this area.
The largest homes tracked, which are 20 units or more, make up 510 of the houses in this zip code. On the other end, 13,935 houses make up the smallest homes, which are 1 unit, mobile homes or boats.
| Bedrooms | Units |
|---|---|
| No bedroom | 615 |
| 1 bedroom | 615 |
| 2 bedrooms | 615 |
| 3 bedrooms | 615 |
| 4 bedrooms | 615 |
| 5 or more bedrooms | 615 |
| Rooms | Units |
|---|---|
| 1 room | 261 |
| 2 rooms | 348 |
| 3 rooms | 1,094 |
| 4 rooms | 2,955 |
| 5 rooms | 4,679 |
| 6 rooms | 3,050 |
| 7 rooms | 1,617 |
| 8 rooms | 985 |
| 9 rooms or more | 1,186 |
| Median rooms | 5.2 |
| Units in Structure | Units |
|---|---|
| 1-unit, detached | 10904 |
| 1-unit, attached | 340 |
| 2 units | 340 |
| 3 or 4 units | 150 |
| 5 to 9 units | 773 |
| 10 to 19 units | 734 |
| 20 or more units | 510 |
| Mobile home | 639 |
| Boat, RV, van, etc. | 2052 |
Healthcare and Hospitals
Hospitals DatabaseIn New Mexico there are a total of 2 hospitals. In the table below you will see every hospital and medical facility in this state. You can download the data to see all the information we have on each hospital.
| Name | City | Zip Code | Beds | Trauma |
|---|---|---|---|---|
| LEA REGIONAL MEDICAL CENTER | HOBBS | 88240 | 186 | NOT AVAILABLE |
Universities
Universities DatabaseIn New Mexico there are a total of 2 hospitals. In the table below you will see every hospital and medical facility in this state. You can download the data to see all the information we have on each hospital.
| Name | City | Zip Code |
|---|---|---|
| NEW MEXICO JUNIOR COLLEGE | HOBBS | 88240 |
| UNIVERSITY OF THE SOUTHWEST | HOBBS | 88240 |
Crime and Law Enforcement
Law Enforcement Data| Name | City | Zip Code | Type |
|---|---|---|---|
| HOBBS POLICE DEPARTMENT | HOBBS | 88240 | LOCAL POLICE DEPARTMENT |
| NEW MEXICO STATE POLICE - DISTRICT 3 | HOBBS | 88240 | PRIMARY STATE AGENCY |
| NEW MEXICO MOUNTED PATROL - TROOP 20 | HOBBS | 88240 | PRIMARY STATE AGENCY |