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Hobbs, NM Micro Area: Median Household Income Trend

How Hobbs, NM Micro Area's median household income 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
$59,285
2023
$68,750
Total change
+$9,465
% change
+16%
Year Median Household Income Change
2017 $59,285
2019 $60,546 +$1,261 (2.1%)
2020 $61,867 +$1,321 (2.2%)
2021 $62,319 +$452 (0.7%)
2022 $65,855 +$3,536 (5.7%)
2023 $68,750 +$2,895 (4.4%)

Other Hobbs, NM Micro Area Trends