Hobbs, NM 88240 ZIP Code Profile

Related Place Profiles:
Hobbs, NM | Oil Center, NM

ZIP Code 88240: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Hobbs, NM 88240

Acceptable Alternative
Oil Center, NM 88240

  • ZIP Code Type: STANDARD
  • County: Lea County
  • Centroid: Latitude 32.725, Longitude -103.141
  • Time Zone: Mountain Time Zone (UTC -7 hours)
  • Observes DST: Yes

ZIP Code 88240 has segments in 2 Counties (Gaines, Lea).

  • Businesses Addresses: 1,528
  • PO Box Addresses: 0
  • Residential Addresses: 14,862
    • Multi-Family Addresses: 1,425
    • Single Family Addresses: 13,437

The ZIP Code maps and database are updated 4 times per year.
Database updated: May 1, 2018, Maps updated: February 1, 2018.

EXTREMELY LOCAL Demographic Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting demographic data.


88240 ZIP Code Map

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Hobbs, NM 88240 Data & Demographics (As of July 1, 2017)


Total Population 41,780
Daytime Population: Workers 16,506
Daytime Population: Residents 28,183
Total Daytime Population (TDP) 44,689
Ratio TDP/Total Population1 1.07
Population in Households 40,393
Population in Familes 33,777
Population in Group Qrtrs 1,387
Population Density2 54
Diversity Index3 74


Median Household Income $47,046
Average Household Income $62,312
Per Capita Income $21,794


Total Housing Units 15,546 (100%)
Owner Occupied HU 8,879 (57.1%)
Renter Occupied HU 5,267 (33.9%)
Vacant Housing Units 1,400 ( 9.0%)
Median Home Value $108,529
Average Home Value $132,222


Total Households 14,146
Average Household Size 2.86
Family Households 9,891
Average Family Size 3
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.


2010-2017 2017-2022
Population 1.6% 1.17%
Households 1.49% 1.1%
Families 1.25% 0.95%
Median Household Income   1.33%
Per Capita Income   2.0%

Hobbs, NM 88240 - Peer Comparisons by Rank and Percentile

The table below compares 88240 to the other 330 ZIP Codes in New Mexico by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 14 96th
Population Density # 90 73rd
Diversity Index # 65 80th
Median Household Income # 83 75th
Per Capita Income # 174 48th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.

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