Comparison to Surrounding Areas
The median household income ($90,000) for 88242 is more than 79360 ($79,467), 88240 ($63,270), 88260 ($75,476), Lea County ($68,015), Hobbs city ($64,021), and North Hobbs CDP ($82,554).
| 88242 | $90,000 |
| Hobbs city | $64,021 |
| North Hobbs CDP | $82,554 |
| Lea County | $68,015 |
Get Median Household Income for all Zip Codes in New Mexico.
The average household income ($115,358) for 88242 is more than 79360 ($97,278), 88240 ($89,926), 88260 ($85,839), Lea County ($91,389), Hobbs city ($93,567), and North Hobbs CDP ($97,298).
| 88242 | $115,358 |
| Hobbs city | $93,567 |
| North Hobbs CDP | $97,298 |
| Lea County | $91,389 |
Get Average Household Income for all Zip Codes in New Mexico.
The per-capita income for 88242 is $39,032. The per capita income ($39,032) for 88242 is more than 79360 ($30,951), 88240 ($31,306), 88260 ($27,130), Lea County ($31,326), Hobbs city ($32,862), and North Hobbs CDP ($31,262).
| 88242 | $39,032 |
| Hobbs city | $32,862 |
| North Hobbs CDP | $31,262 |
| Lea County | $31,326 |
Get Per-Capita Income for all Zip Codes in New Mexico.
16.4% of households make over $200,000 a year. The percent high income households (16.4%) for 88242 is more than 79360 (9.8%), 88240 (8.4%), 88260 (7.6%), Lea County (9.1%), Hobbs city (10.0%), and North Hobbs CDP (10.5%).
| 88242 | 16.4% |
| Hobbs city | 10.0% |
| North Hobbs CDP | 10.5% |
| Lea County | 9.1% |
Get High Income Households for all Zip Codes in New Mexico.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 88242 | $82,286 | $100,938 | $113,942 | $43,125 |
| Hobbs city | $50,660 | $73,556 | $72,528 | $37,955 |
| North Hobbs CDP | $97,612 | $100,052 | $70,268 | $53,229 |
| Lea County | $51,224 | $75,499 | $80,254 | $35,679 |
Get Median Household Income by Age of Householder for all Zip Codes in New Mexico.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 88242 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 88242 | +/-$14,357 | +/-$17,610 | +/-$5,011 | +/-6.3% | +/-$27,606 | +/-$25,143 | +/-$50,388 | +/-$23,938 |
| Hobbs city | +/-$6,762 | +/-$10,728 | +/-$3,727 | +/-3.3% | +/-$13,804 | +/-$5,602 | +/-$19,014 | +/-$8,760 |
| North Hobbs CDP | +/-$12,530 | +/-$18,418 | +/-$5,673 | +/-5.4% | +/-$13,709 | +/-$17,879 | +/-$45,245 | +/-$33,666 |
| Lea County | +/-$5,605 | +/-$7,488 | +/-$2,273 | +/-2.4% | +/-$8,009 | +/-$5,182 | +/-$10,091 | +/-$5,563 |