🇺🇸 United States ZIP Code

STANDARD

88240

Hobbs

ZIP Code 88240 is a standard zip code serving Hobbs, Hobbs, New Mexico (NM), in Lea County, United States. It has an estimated population of 37,149 with a median household income of $47,343. The area falls within the America/Denver timezone.

Median Household Income vs. National Average

Location

Country: 🇺🇸 United States
State / Province: New Mexico (NM)
County: Lea
City: Hobbs
Timezone: America/Denver

Coordinates

Latitude: 32.722200
Longitude: -103.137200

Geographic Details

Land Area: 624.94 mi²
Water Area: 0.48 mi²
Population Density: 59.0 people per mi² (40th percentile)
Bounding Box: 32.899909°N, 32.522290°S, -103.064537°E, -103.814998°W

With 37,149 residents spread across 624.94 square miles, this area has a population density of 59.0 people per square mile.

Demographics

37,149

Population

90th percentile

$47,343

Median Income

45th percentile

$96,100

Median Home Value

30th percentile

624.94 mi²

Land Area

The median household income in 88240 is $47,343, and the median home value is $96,100.

Housing

14,041

Total Units

12,631

Occupied Units

90.0%

Occupancy Rate

Nearby ZIP Codes

Other zip codes in Hobbs, NM.

88241

Hobbs

88242

Hobbs

88244

Hobbs

Similar ZIP Codes in New Mexico

ZIP codes with similar median household income in New Mexico.

88310

Alamogordo

$42,786

87505

Santa Fe

$51,401

88345

Ruidoso

$47,769

87549

Ojo Caliente

$45,327

87010

Cerrillos

$47,222

87004

Bernalillo

$41,159

87401

Farmington

$47,721

87507

Santa Fe

$44,081

Frequently Asked Questions

What information is available for each ZIP code?

Each ZIP code page shows city, state, county, geographic coordinates, timezone, population, median household income, median home value, housing units, land area, population density, commute time, educational attainment, area codes, and ZIP code type (Standard, PO Box, or Unique).

What are the different types of ZIP codes?

There are three types of ZIP codes: Standard (residential and commercial delivery areas), PO Box (assigned to post office box sections), and Unique (assigned to a single high-volume address like a government agency or large company). Standard ZIP codes are the most common.

How often is ZIP code data updated?

ZIP code assignments are updated quarterly by the USPS. Demographic data comes from the US Census Bureau's American Community Survey (ACS), which releases new 5-year estimates annually. ZipFYI updates its data to reflect the latest available information.

What is population density and why does it matter?

Population density measures the number of people per square mile in a ZIP code area. It helps identify urban vs. rural areas, affects real estate values, impacts service availability, and is used in market analysis. Dense urban ZIP codes may have 50,000+ people per square mile.

How are ZIP code boundaries determined?

ZIP code boundaries are determined by the USPS based on mail delivery routes, not political or geographic boundaries. They follow carrier routes and may cross city, county, or even state lines. Boundaries can change when the USPS reorganizes delivery operations.

What does median household income tell me about a ZIP code?

Median household income is the middle value when all household incomes in a ZIP code are sorted. Half of households earn more and half earn less. It is a better indicator of typical earnings than average income, which can be skewed by very high or very low outliers.