Zip code 88242: Hobbs, New Mexico
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 88242
88242 is a small-town zip code in Hobbs, New Mexico (Lea County), covering 70 sq mi of land. About 8,472 people live here, or 120 per square mile. The median resident is 32.5 years old, compared with 38.9 nationally.
The median household earns $90,000 a year, close to the national median of $80,734. 10.1% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $260,200, or 2.9 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 84% of occupied homes are lived in by their owners, and renters pay a median of $1,534 a month.
20% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 22.9 minutes each way, and 1% of workers work from home. The most common jobs among working residents are in construction and repair; management; and sales. 45% of households speak a language other than English at home, most often Spanish.
How 88242 compares
- Homeownership rate84.4%88thStrengthU.S. 65.2% · NM 70%134th of 311 in NM
- Uninsured rate14.9%88thWeaknessU.S. 8.4% · NM 9.6%71st of 312 in NM
- 86thU.S. 22% · NM 21.7%59th of 315 in NM
- 73rdU.S. 10% · NM 10.2%128th of 308 in NM
- 69thU.S. 0.483 · NM 0.477108th of 307 in NM
- 68thU.S. 14.1% · NM 9.4%31st of 315 in NM
- Median earnings per worker$55,21168thU.S. $49,666 · NM $41,75841st of 278 in NM
- Government workers16.2%67thU.S. 14.5% · NM 23.4%221st of 308 in NM
- 64thU.S. 5.2% · NM 6%123rd of 309 in NM
- Median household income$90,00062ndU.S. $80,734 · NM $64,05925th of 256 in NM
- Median gross rent$1,53458thU.S. $1,413 · NM $1,06710th of 173 in NM
- Housing vacancy7.6%57thU.S. 10.1% · NM 12.5%261st of 311 in NM
- Diversity index50.853rdU.S. 61.4 · NM 62.7107th of 315 in NM
- Tech workers2.9%50thU.S. 3.8% · NM 2.7%61st of 308 in NM
- Per capita income$39,03247thU.S. $44,673 · NM $36,21885th of 312 in NM
- Poverty rate10.1%45thU.S. 12.5% · NM 17.8%215th of 311 in NM
- Median home value$260,20035thU.S. $332,700 · NM $248,10063rd of 250 in NM
- Average commute22.9 min29thU.S. 26.4 min · NM 23.5 min145th of 235 in NM
- Broadband access88.4%25thU.S. 91% · NM 86.5%99th of 311 in NM
- Veterans3.7%23rdU.S. 6.2% · NM 7.9%225th of 315 in NM
- 20thWeaknessU.S. 35.7% · NM 31%149th of 315 in NM
- Population density120/sq mi15thU.S. 95/sq mi · NM 18/sq mi65th of 315 in NM
- Population8,47213thU.S. 334,922,499 · NM 2,120,24662nd of 315 in NM
- Median age32.59thU.S. 38.9 · NM 39.4276th of 314 in NM
- 6thU.S. 17.2% · NM 19.3%284th of 315 in NM
- 4thStrengthU.S. 51.1% · NM 50.2%180th of 236 in NM
- 3rdU.S. 9.7% · NM 10.3%199th of 308 in NM
- Work from home1.2%1stU.S. 15.1% · NM 12.2%254th of 307 in NM
| Measure | 88242 | Lea | NM | U.S. | National percentile | Rank in NM |
|---|---|---|---|---|---|---|
| Homeownership rateStrength | 84.4% | 71.2% | 70% | 65.2% | 134th of 311 | |
| Uninsured rateWeakness | 14.9% | 14.9% | 9.6% | 8.4% | 71st of 312 | |
| Residents under 18 | 27% | 29.5% | 21.7% | 22% | 59th of 315 | |
| Self-employed workers | 11.5% | 11.2% | 10.2% | 10% | 128th of 308 | |
| Income inequality (Gini) | 0.459 | 0.489 | 0.477 | 0.483 | 108th of 307 | |
| Foreign-born residents | 16.5% | 18.3% | 9.4% | 14.1% | 31st of 315 | |
| Median earnings per worker | $55,211 | $41,592 | $41,758 | $49,666 | 41st of 278 | |
| Government workers | 16.2% | 15.7% | 23.4% | 14.5% | 221st of 308 | |
| Unemployment rate | 5.7% | 6.9% | 6% | 5.2% | 123rd of 309 | |
| Median household income | $90,000 | $68,015 | $64,059 | $80,734 | 25th of 256 | |
| Median gross rent | $1,534 | $1,101 | $1,067 | $1,413 | 10th of 173 | |
| Housing vacancy | 7.6% | 13.1% | 12.5% | 10.1% | 261st of 311 | |
| Diversity index | 50.8 | 50.9 | 62.7 | 61.4 | 107th of 315 | |
| Tech workers | 2.9% | 0.9% | 2.7% | 3.8% | 61st of 308 | |
| Per capita income | $39,032 | $31,326 | $36,218 | $44,673 | 85th of 312 | |
| Poverty rate | 10.1% | 18.7% | 17.8% | 12.5% | 215th of 311 | |
| Median home value | $260,200 | $184,000 | $248,100 | $332,700 | 63rd of 250 | |
| Average commute | 22.9 min | 24.4 min | 23.5 min | 26.4 min | 145th of 235 | |
| Broadband access | 88.4% | 86.3% | 86.5% | 91% | 99th of 311 | |
| Veterans | 3.7% | 3.4% | 7.9% | 6.2% | 225th of 315 | |
| Bachelor's degree or higherWeakness | 20% | 15.5% | 31% | 35.7% | 149th of 315 | |
| Population density | 120/sq mi | 17/sq mi | 18/sq mi | 95/sq mi | 65th of 315 | |
| Population | 8,472 | 73,733 | 2,120,246 | 334,922,499 | 62nd of 315 | |
| Median age | 32.5 | 32.5 | 39.4 | 38.9 | 276th of 314 | |
| Residents 65 and older | 9.3% | 11.4% | 19.3% | 17.2% | 284th of 315 | |
| Rent-burdened rentersStrength | 28.7% | 48.4% | 50.2% | 51.1% | 180th of 236 | |
| Healthcare workers | 4.9% | 4.1% | 10.3% | 9.7% | 199th of 308 | |
| Work from home | 1.2% | 3.7% | 12.2% | 15.1% | 254th of 307 |
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
- White40%
- Black0%
- Hispanic57%
- Asian0.1%
- Native American0.0%
- Pacific Islander0%
- Other0.5%
- Multiracial2%
Language spoken at home (households)
Households
- Households
- 2,742
- Average household size
- 3.1
- Family households
- 72.7%
- Married couples
- 57.5%
- Living alone
- 16.8%
- Veterans (of adults)
- 3.7%
- 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
- 2,967
- Owner-occupied
- 84.4%
- Vacant
- 7.6%
- Median year built
- 1994
- Median rooms
- 6
- Renters paying 30%+ of income
- 28.7%
- Renters paying 50%+ of income
- 25.4%
- Home value to income
- 2.9× (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 | 88242 | U.S. |
|---|---|---|
| Management, business, science and arts | $77,791 | $74,888 |
| Service | $23,750 | $26,804 |
| Sales and office | $35,112 | $40,476 |
| Construction and maintenance | $77,159 | $49,199 |
| Production and transportation | $81,563 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 83.4%
- Bachelor's degree or higher
- 20%
- Graduate or professional degree
- 10.9%
- Households with broadband
- 88.4%
- Cable, fiber or DSL
- 66.2%
- No internet access
- 9.6%
- Without health insurance
- 14.9%
- Limited-English households
- 8.6%
Geography
- City (USPS)
- Hobbs
- State
- New Mexico
- County
- Lea County
- Center point
- 32.8129° N, 103.1618° W
- Land area
- 70 sq mi
- Water area
- 0.1 sq mi
- Time zone
- Mountain Time (UTC-7, UTC-6 in summer)
- Zip type
- Residential delivery area
Cities and towns within this zip
- North Hobbs (unincorporated)32% of zip
- Hobbs2% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 88242
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 88244 | Hobbs, NM | 5 mi | — |
| 88241 | Hobbs, NM · PO box | 5.5 mi | — |
| 79323 | Denver City, TX | 17 mi | $87,321 |
| 88260 | Lovington, NM | 18 mi | $75,476 |
| 88240 | Hobbs, NM | 19 mi | $63,270 |
| 88265 | Monument, NM | 19 mi | — |
| 88262 | McDonald, NM | 26 mi | — |
| 79360 | Seminole, TX | 27 mi | $79,467 |
| 88231 | Eunice, NM | 28 mi | $51,417 |
| 79355 | Plains, TX | 29 mi | $76,967 |
| 88264 | Maljamar, NM | 32 mi | — |
| 88267 | Tatum, NM | 36 mi | $52,250 |
Zip codes like 88242 elsewhere
Questions about 88242
What city is zip code 88242?
88242 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 88242 in?
88242 is in Lea County, New Mexico.
What is the population of 88242?
About 8,472 people live in 88242, according to the Census Bureau's American Community Survey.
What time zone is 88242 in?
88242 is in Mountain Time.
What is the median household income in 88242?
The median household income in 88242 is $90,000.
What zip codes are near 88242?
The closest zip codes to 88242 are 88244, 88241, 79323, 88260, 88240.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 88242, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.