Hobbs Southwest median real estate price is $177,823, which is less expensive than 75.1% of New Mexico neighborhoods and 82.7% of all U.S. neighborhoods.
The average rental price in Hobbs Southwest is currently $1,849, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.8% of the neighborhoods in New Mexico.
Hobbs Southwest is a rural neighborhood (based on population density) located in Hobbs, New Mexico.
Hobbs Southwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hobbs Southwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Hobbs Southwest has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Hobbs, the Hobbs Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's exclusive research revealed that 97.8% of the adult residents in the Hobbs Southwest neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.6% of the neighborhoods in America.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Hobbs Southwest neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
NeighborhoodScout's exclusive research identifies the Hobbs Southwest neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 44.5% of its working residents employed in such fields, which is a higher proportion than 96.9% of American neighborhoods.
Did you know that the Hobbs Southwest neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.8% of this neighborhood's residents have Mexican ancestry.
Hobbs Southwest is also pretty special linguistically. Significantly, 62.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.1% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Hobbs Southwest neighborhood in Hobbs are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 42.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.5% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Hobbs Southwest neighborhood, 44.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 20.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.3%), and 17.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Hobbs Southwest neighborhood is Spanish, spoken by 62.1% of households. Some people also speak English (37.8%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Hobbs Southwest neighborhood in Hobbs, NM, residents most commonly identify their ethnicity or ancestry as Mexican (65.8%). There are also a number of people of Spanish ancestry (3.6%), and residents who report Sub-Saharan African roots (2.3%), and some of the residents are also of African ancestry (2.3%), along with some German ancestry residents (2.0%), among others. In addition, 36.8% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Hobbs Southwest neighborhood spend under 15 minutes commuting one-way to work (61.8% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (11.9%) who commute over an hour in each direction.
Here most residents (76.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (19.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.