ZipCodeLook
88240

Zip code 88240: Hobbs, New Mexico

Residential delivery areaLea CountyMountain Time
Population
41,557
Median household income
$63K
U.S. $81K
Median home value
$187K
U.S. $333K
Median rent
$1,100/mo
U.S. $1,413
Median age
31.2
U.S. 38.9
Land area
600 sq mi
69 people/sq mi

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

Sorted from highest to lowest national percentile

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

Median age
31.2
Under 18
30.2%
65 and over
12.1%

Race and ethnicity

  • White28%
  • Black5%
  • Hispanic64%
  • Asian0.9%
  • Native American0.4%
  • Pacific Islander0.0%
  • Other0.2%
  • Multiracial2%
Diversity index
51.2
U.S. 61.4
Foreign-born
18.9%
U.S. 14.1%
Born in state
44.6%

Language spoken at home (households)

English only
49%
Spanish
49%
Other Indo-European
2%
Asian / Pacific
1%
Other
0.0%

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

<$25k
21%
$25–50k
19%
$50–75k
18%
$75–100k
11%
$100–150k
14%
$150–200k
8%
$200k+
8%

Median household income

88240
$63,270
Lea Co.
$68,015
New Mexico
$64,059
United States
$80,734
Per capita income
$31,306
U.S. $44,673
Poverty rate
19.4%
U.S. 12.5%
Households earning $150K+
16.4%
U.S. 23%
Income inequality (Gini)
0.505
U.S. 0.483

Housing

Median home value

88240
$186,900
Lea Co.
$184,000
New Mexico
$248,100
United States
$332,700

Median gross rent

88240
$1,100
Lea Co.
$1,101
New Mexico
$1,067
United States
$1,413

Types of housing

Single-family
69%
2–4 units
5%
5–19 units
6%
20+ units
5%
Mobile home
14%
Boat, RV, van
0.8%
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

Drove alone
75%
Carpooled
19%
Transit
0.3%
Walked
2%
Bicycle
0.1%
Worked from home
3%
Other
0.5%

Commute time (one way)

<10 min
32%
10–19
38%
20–29
8%
30–44
6%
45–59
3%
60+
12%
Average commute
23.5 min
U.S. 26.4 min
Unemployment
6.9%
U.S. 5.2%
In labor force
63.5%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Construction and repair
18%
Transportation and moving
14%
Office and admin
12%
Management
10%
Sales
9%
Education
6%
Cleaning and personal care
5%
Food service
5%
Healthcare
5%
Legal and social services
4%
Production
3%
Engineering and science
3%
Business and finance
2%
Arts, media and sports
1%
Farming, fishing and forestry
1%
Police and fire
1%
Computer and math
0.5%

Industries

Agriculture and mining
13%
Retail
11%
Transportation, warehousing and utilities
11%
Construction
11%
Education
10%
Restaurants and hotels
8%
Health care and social assistance
7%
Professional and technical services
6%
Other services
4%
Manufacturing
4%
Public administration
4%
Finance, insurance and real estate
3%
Admin, support and management
3%
Information
2%
Wholesale
1%
Arts and recreation
0.9%
Median earnings per worker
$37,385
U.S. $49,666
Self-employed
11.3%
U.S. 10%
Government workers
15%
U.S. 14.5%
Nonprofit workers
3.7%
U.S. 8.8%

Median earnings by type of work

Type of work88240U.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+)

No diploma
26%
High school
31%
Some college
18%
Associate's
8%
Bachelor's
10%
Graduate
6%
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
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

ZipCityDistanceIncome
88265Monument8.6 mi—
88241Hobbs · PO box14 mi—
88244Hobbs14 mi—
88242Hobbs19 mi$90,000
88264Maljamar20 mi—
88231Eunice20 mi$51,417
88260Lovington22 mi$75,476
88262McDonald31 mi—
88255Loco Hills34 mi—
88252Jal36 mi—
79323Denver City36 mi$87,321
79360Seminole42 mi$79,467

Zip codes like 88240 elsewhere

Matched on income, home values, age, density, education, housing and commuting

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.