Zip code 88240: Hobbs, New Mexico
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 88240
88240 is a small-town zip code in Hobbs, New Mexico (Lea County), covering 600 sq mi of land. About 41,557 people live here, or 69 per square mile. The median resident is 31.2 years old, compared with 38.9 nationally.
The median household earns $63,270 a year, 22% below the national median of $80,734. 19.4% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $186,900, or 3.0 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 67% of occupied homes are lived in by their owners, and renters pay a median of $1,100 a month.
16% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 23.5 minutes each way, and 3% of workers work from home. The most common jobs among working residents are in construction and repair; transportation and moving goods; and office and administrative support. 51% of households speak a language other than English at home, most often Spanish.
How 88240 compares
- Residents under 1830.2%96thU.S. 22% · NM 21.7%36th of 315 in NM
- 90thWeaknessU.S. 0.483 · NM 0.47746th of 307 in NM
- Uninsured rate14.9%88thWeaknessU.S. 8.4% · NM 9.6%70th of 312 in NM
- Poverty rate19.4%83rdWeaknessU.S. 12.5% · NM 17.8%138th of 311 in NM
- Housing vacancy13.1%82ndU.S. 10.1% · NM 12.5%210th of 311 in NM
- 79thU.S. 5.2% · NM 6%96th of 309 in NM
- 73rdU.S. 14.1% · NM 9.4%25th of 315 in NM
- 72ndU.S. 10% · NM 10.2%131st of 308 in NM
- Population41,55770thU.S. 334,922,499 · NM 2,120,24614th of 315 in NM
- 60thU.S. 14.5% · NM 23.4%229th of 308 in NM
- Diversity index51.254thU.S. 61.4 · NM 62.7104th of 315 in NM
- Homeownership rate67.1%46thU.S. 65.2% · NM 70%246th of 311 in NM
- 37thU.S. 51.1% · NM 50.2%116th of 236 in NM
- Average commute23.5 min33rdU.S. 26.4 min · NM 23.5 min136th of 235 in NM
- Median gross rent$1,10028thU.S. $1,413 · NM $1,06750th of 173 in NM
- Median household income$63,27026thU.S. $80,734 · NM $64,05989th of 256 in NM
- Per capita income$31,30622ndU.S. $44,673 · NM $36,218148th of 312 in NM
- Median home value$186,90018thU.S. $332,700 · NM $248,100122nd of 250 in NM
- Veterans3.3%18thU.S. 6.2% · NM 7.9%233rd of 315 in NM
- 18thU.S. 17.2% · NM 19.3%266th of 315 in NM
- Broadband access86.2%16thWeaknessU.S. 91% · NM 86.5%121st of 311 in NM
- Median earnings per worker$37,38515thWeaknessU.S. $49,666 · NM $41,758139th of 278 in NM
- 12thWeaknessU.S. 35.7% · NM 31%180th of 315 in NM
- Population density69/sq mi10thU.S. 95/sq mi · NM 18/sq mi81st of 315 in NM
- Median age31.26thU.S. 38.9 · NM 39.4283rd of 314 in NM
- Tech workers0.5%6thU.S. 3.8% · NM 2.7%136th of 308 in NM
- Work from home2.6%2ndU.S. 15.1% · NM 12.2%240th of 307 in NM
- 2ndU.S. 9.7% · NM 10.3%207th of 308 in NM
| Measure | 88240 | Lea | NM | U.S. | National percentile | Rank in NM |
|---|---|---|---|---|---|---|
| Residents under 18 | 30.2% | 29.5% | 21.7% | 22% | 36th of 315 | |
| Income inequality (Gini)Weakness | 0.505 | 0.489 | 0.477 | 0.483 | 46th of 307 | |
| Uninsured rateWeakness | 14.9% | 14.9% | 9.6% | 8.4% | 70th of 312 | |
| Poverty rateWeakness | 19.4% | 18.7% | 17.8% | 12.5% | 138th of 311 | |
| Housing vacancy | 13.1% | 13.1% | 12.5% | 10.1% | 210th of 311 | |
| Unemployment rate | 6.9% | 6.9% | 6% | 5.2% | 96th of 309 | |
| Foreign-born residents | 18.9% | 18.3% | 9.4% | 14.1% | 25th of 315 | |
| Self-employed workers | 11.3% | 11.2% | 10.2% | 10% | 131st of 308 | |
| Population | 41,557 | 73,733 | 2,120,246 | 334,922,499 | 14th of 315 | |
| Government workers | 15% | 15.7% | 23.4% | 14.5% | 229th of 308 | |
| Diversity index | 51.2 | 50.9 | 62.7 | 61.4 | 104th of 315 | |
| Homeownership rate | 67.1% | 71.2% | 70% | 65.2% | 246th of 311 | |
| Rent-burdened renters | 47.4% | 48.4% | 50.2% | 51.1% | 116th of 236 | |
| Average commute | 23.5 min | 24.4 min | 23.5 min | 26.4 min | 136th of 235 | |
| Median gross rent | $1,100 | $1,101 | $1,067 | $1,413 | 50th of 173 | |
| Median household income | $63,270 | $68,015 | $64,059 | $80,734 | 89th of 256 | |
| Per capita income | $31,306 | $31,326 | $36,218 | $44,673 | 148th of 312 | |
| Median home value | $186,900 | $184,000 | $248,100 | $332,700 | 122nd of 250 | |
| Veterans | 3.3% | 3.4% | 7.9% | 6.2% | 233rd of 315 | |
| Residents 65 and older | 12.1% | 11.4% | 19.3% | 17.2% | 266th of 315 | |
| Broadband accessWeakness | 86.2% | 86.3% | 86.5% | 91% | 121st of 311 | |
| Median earnings per workerWeakness | $37,385 | $41,592 | $41,758 | $49,666 | 139th of 278 | |
| Bachelor's degree or higherWeakness | 16.2% | 15.5% | 31% | 35.7% | 180th of 315 | |
| Population density | 69/sq mi | 17/sq mi | 18/sq mi | 95/sq mi | 81st of 315 | |
| Median age | 31.2 | 32.5 | 39.4 | 38.9 | 283rd of 314 | |
| Tech workers | 0.5% | 0.9% | 2.7% | 3.8% | 136th of 308 | |
| Work from home | 2.6% | 3.7% | 12.2% | 15.1% | 240th of 307 | |
| Healthcare workers | 4.5% | 4.1% | 10.3% | 9.7% | 207th of 308 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White28%
- Black5%
- Hispanic64%
- Asian0.9%
- Native American0.4%
- Pacific Islander0.0%
- Other0.2%
- Multiracial2%
Language spoken at home (households)
Households
- Households
- 14,532
- Average household size
- 2.8
- Family households
- 66%
- Married couples
- 43.5%
- Living alone
- 29.6%
- Veterans (of adults)
- 3.3%
- Male / female
- 51% / 49%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 16,720
- Owner-occupied
- 67.1%
- Vacant
- 13.1%
- Median year built
- 1980
- Median rooms
- 5.3
- Renters paying 30%+ of income
- 47.4%
- Renters paying 50%+ of income
- 24.5%
- Home value to income
- 3.0× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 88240 | U.S. |
|---|---|---|
| Management, business, science and arts | $65,446 | $74,888 |
| Service | $21,332 | $26,804 |
| Sales and office | $28,788 | $40,476 |
| Construction and maintenance | $44,655 | $49,199 |
| Production and transportation | $34,909 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 73.8%
- Bachelor's degree or higher
- 16.2%
- Graduate or professional degree
- 6.5%
- Households with broadband
- 86.2%
- Cable, fiber or DSL
- 69.6%
- No internet access
- 11.2%
- Without health insurance
- 14.9%
- Limited-English households
- 13.5%
Geography
- City (USPS)
- Hobbs
- State
- New Mexico
- County
- Lea County
- Center point
- 32.6747° N, 103.4468° W
- Land area
- 600 sq mi
- Water area
- 0.3 sq mi
- Time zone
- Mountain Time (UTC-7, UTC-6 in summer)
- Zip type
- Residential delivery area
Cities and towns within this zip
- Hobbs4% of zip
- Nadine (unincorporated)2% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 88240
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 88265 | Monument, NM | 8.6 mi | — |
| 88241 | Hobbs, NM · PO box | 14 mi | — |
| 88244 | Hobbs, NM | 14 mi | — |
| 88242 | Hobbs, NM | 19 mi | $90,000 |
| 88264 | Maljamar, NM | 20 mi | — |
| 88231 | Eunice, NM | 20 mi | $51,417 |
| 88260 | Lovington, NM | 22 mi | $75,476 |
| 88262 | McDonald, NM | 31 mi | — |
| 88255 | Loco Hills, NM | 34 mi | — |
| 88252 | Jal, NM | 36 mi | — |
| 79323 | Denver City, TX | 36 mi | $87,321 |
| 79360 | Seminole, TX | 42 mi | $79,467 |
Zip codes like 88240 elsewhere
Questions about 88240
What city is zip code 88240?
88240 is assigned to Hobbs, New Mexico. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 88240 in?
88240 is in Lea County, New Mexico.
What is the population of 88240?
About 41,557 people live in 88240, according to the Census Bureau's American Community Survey.
What time zone is 88240 in?
88240 is in Mountain Time.
What is the median household income in 88240?
The median household income in 88240 is $63,270.
What zip codes are near 88240?
The closest zip codes to 88240 are 88265, 88241, 88244, 88242, 88264.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 88240, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.