Hobbs, NM Micro Area: Homeownership Rate Trend
How Hobbs, NM Micro Area's homeownership rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
68.1%
2023
69.5%
Total change
+1.4 pp
% change
+2.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 68.1% | — |
| 2019 | 66.8% | -1.3 pp (-1.9%) |
| 2020 | 68.0% | +1.2 pp (1.8%) |
| 2021 | 68.4% | +0.4 pp (0.6%) |
| 2022 | 68.4% | +0.0 pp (0%) |
| 2023 | 69.5% | +1.1 pp (1.6%) |