88240 ZIP Code – Hobbs, New Mexico
ZIP Code 88240 is located in Hobbs, New Mexico and has a population of approximately 41,652 residents. The median household income is $63,083.
This ZIP code is part of Lea County. Nearby ZIP codes include 88265, 88244, 88242.
ZIP Code 88240 Data
Population
41,652
Median Household Income
$63,083
Median Home Value
$161,400
Median Rent
$1,059
Median Age
30.1
Unemployment Rate
6.7%
Poverty Rate
19.7%
Bachelor's Degree or Higher
16.6%
County
Lea County
State
New Mexico
See more demographics for:
ZIP 88240 vs. New Mexico vs. U.S.
| Metric | ZIP 88240 | NM Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 41k | 5,896 | 10k |
| Median Household Income | $63k | $55k | $73k |
| Median Home Value | $161k | $190k | $258k |
| Median Rent | $1,059 | $897 | $1,088 |
| Median Age | 30.1 | 46.2 | 43.2 |
| Unemployment Rate | 6.7% | 6.3% | 5.0% |
| Poverty Rate | 19.7% | 19.9% | 13.3% |
| Bachelor's Degree or Higher | 16.6% | 23.0% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 88265 – Monument
- 88244 – Hobbs
- 88242 – Hobbs
- 88231 – Eunice
- 88264 – Maljamar
- 88260 – Lovington
- 88262 – Mcdonald
- 88255 – Loco Hills
- 88252 – Jal
- 79323 – Denver City
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 88265 | MONUMENT | 129 | Not provided |
| 88244 | HOBBS | 1,183 | Not provided |
| 88242 | HOBBS | 7,312 | $82,041 |
| 88231 | EUNICE | 3,565 | $74,545 |
| 88264 | MALJAMAR | Not provided | Not provided |