Hobbs, NM Micro Area: Poverty Rate Trend
How Hobbs, NM Micro Area's poverty 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
12.5%
2023
15.3%
Total change
+2.8 pp
% change
+22.4%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 12.5% | — |
| 2019 | 12.4% | -0.1 pp (-0.8%) |
| 2020 | 12.0% | -0.4 pp (-3.2%) |
| 2021 | 13.3% | +1.3 pp (10.8%) |
| 2022 | 14.1% | +0.8 pp (6%) |
| 2023 | 15.3% | +1.2 pp (8.5%) |