ZIP Code 88242 is associated with the U.S. city Hobbs in New Mexico (Lea County). The current population estimate for the ZIP Code is 7,439. The 88242 ZIP Code has a median age of 38.3 years, and 14.7% of residents are aged 62 years and older. Approximately 5% of the population is living below the poverty line. The median household income of this region is $75,929. It is estimated that about 19.8% of residents in this New Mexico region hold a bachelor's degree or higher, while the per capita income is approximately $33,211.
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The median household income in ZIP Code 88242 is $75,929, while the region's mean household income is $93,623. Breaking income down further, per capita income in the region is $33,211. The per capita income in ZIP Code 88242 of $33,211 is approximately 21.96% more than the per capita income in New Mexico overall of $27,230. An estimated 5.1% of the population is living below the poverty line in this region. This rate is approximately 46.32% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 23.1% of the population in 88242 earn $50,000 to $74,999 per year, while an estimated 18.6% earn $100,000 to $149,999 per year, and 3.7% of 88242 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 4.6% |
| $10,000 to $14,999 per year | 3.7% |
| $15,000 to $24,999 per year | 5.7% |
| $25,000 to $34,999 per year | 3.8% |
| $35,000 to $49,999 per year | 8.6% |
| $50,000 to $74,999 per year | 23.1% |
| $75,000 to $99,999 per year | 13.4% |
| $100,000 to $149,999 per year | 18.6% |
| $150,000 to $199,999 per year | 14.4% |
| $200,000 or more per year | 4.2% |
Looking at race in the population that makes up ZIP Code 88242, 98.6% is one race, while 1.4% are two or more races. Approximately 40.3% of 88242 residents are hispanic or Latino (of any race). The most common race in 88242 (race alone or in combination with one or more other races), is White (96.3%), followed by Some other race (2.8%) .
| Industry | Percent |
|---|---|
| White | 96.3% |
| Black or African American | 0.7% |
| American Indian and Alaska Native | 1.5% |
| Asian | 0.1% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 2.8% |
Residents of ZIP Code 88242 are older than average. The median age of 38.3 years in ZIP Code 88242 is approximately 0.52% higher than the overall median age in the U.S. of 38.1 years. About 73.5% of residents are aged 18 years and older, and 14.7% of residents are 62 years and over. Approximately 15.0% of the population in 88242 falls in the age group 45 to 54 years, while an estimated 12.4% are aged 35 to 44 years. On the low end of the scale, 1.3% of 88242 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.7% |
| 5 to 9 years | 7.7% |
| 10 to 14 years | 7.1% |
| 15 to 19 years | 10.5% |
| 20 to 24 years | 4.0% |
| 25 to 34 years | 12.2% |
| 35 to 44 years | 12.4% |
| 45 to 54 years | 15.0% |
| 55 to 59 years | 7.8% |
| 60 to 64 years | 8.1% |
| 65 to 74 years | 7.2% |
| 75 to 84 years | 2.2% |
| 85 years and over | 1.3% |
In ZIP Code 88242, 80.8% of the population graduated high school, while 19.8% have a bachelor's degree or higher. In this region, 6.4% achieved an education level less than 9th grade, while 10.3% hold a graduate or professional degree. Approximately 31.0% in this Lea County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 6.4% |
| 9th to 12th grade, no diploma | 12.7% |
| High school graduate (includes equivalency) | 31.0% |
| Some college, no degree | 22.0% |
| Associate's degree | 8.0% |
| Bachelor's degree | 9.5% |
| Graduate or professional degree | 10.3% |
One of the leading chronic health issues in ZIP Code 88242 is high cholesterol, as an estimated 32.3% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 88242 is high blood pressure, as approximately 30.0% of adults 18 and older in this Lea County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Arthritis | 25.3% |
| High blood pressure | 30.0% |
| Cancer (excluding skin cancer) | 6.0% |
| Current asthma | 10.6% |
| Coronary heart disease | 5.0% |
| Diagnosed diabetes | 9.2% |
| High cholesterol | 32.3% |
| Chronic kidney disease | 2.8% |
| Stroke | 2.7% |
One of the top preventative health measures in ZIP Code 88242 is current access to health insurance, as an estimated 90.7% of adults 18 and older take part in this preventive measure. Additionally, 79.6% of those 18 and above in 88242 list cholesterol screening, as a preventive measure. Common health risk behaviors in 88242 include obesity (38.1% of adults aged 18 and above) and sleeping less than 7 hours (30.6% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 90.7% |
| Taking medicine for high blood pressure control | 72.1% |
| Visits to doctor for routine checkup | 61.2% |
| Cholesterol screening | 79.6% |
| Visits to dentist or dental clinic | 60.1% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 16.9% |
| Current smoking | 16.4% |
| No leisure-time physical activity | 23.0% |
| Obesity | 38.1% |
| Sleeping less than 7 hours | 30.6% |
In 88242, 63.9% of the population is in the labor force. Recent estimates place 4.0% as working from home, while the total labor force in the region has a mean travel to time to work of 18.9 minutes. Approximately 19.7% of the employed population 16 years and over in 88242 work in educational services, and health care and social assistance, while an estimated 13.9% work in agriculture, forestry, fishing and hunting, and mining. On the lower end of the scale, just 1.8% of 88242 workers 16 years and over work in manufacturing.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 13.9% |
| Construction | 8.3% |
| Manufacturing | 1.8% |
| Wholesale trade | 6.3% |
| Retail trade | 10.6% |
| Transportation and warehousing, and utilities | 5.6% |
| Information | 1.9% |
| Finance and insurance, and real estate and rental and leasing | 4.3% |
| Professional, scientific, management, and administrative | 7.2% |
| Educational services, and health care and social assistance | 19.7% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.4% |
| Other services, except public administration | 5.3% |
| Public administration | 7.9% |
In ZIP Code 88242, 77.9% of the population lists "English only" as the language spoken in home, while 21.3% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.7% of homes, and other Indo-European languages are spoken in 0.1% of homes. Lastly, 0.1% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Lea County region.
| Language Spoken | Percent |
|---|---|
| English only | 77.9% |
| Spanish | 21.3% |
| Other Indo-European languages | 0.7% |
| Asian and Pacific Islander languages | 0.1% |
| Other languages | 0.1% |
Regarding the age of homes in ZIP Code 88242, an estimated 26.3% of homes were built between 1980 and 1989. Additionally, 17.4% of homes in the region were built between 1990 and 1999, while an estimated 1.4% of homes were built in 1939 or earlier in this Lea County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 5.8% |
| Built between 2010 and 2013 | 5.8% |
| Built between 2000 and 2009 | 16.7% |
| Built between 1990 and 1999 | 17.4% |
| Built between 1980 and 1989 | 26.3% |
| Built between 1970 and 1979 | 17.3% |
| Built between 1960 and 1969 | 5.4% |
| Built between 1950 and 1959 | 2.4% |
| Built between 1940 and 1949 | 1.4% |
| Built in 1939 or earlier | 1.4% |
Regarding consumer complaints about financial products in ZIP Code 88242, credit reporting or credit repair services have received the most complaints in 88242 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this Lea County region was improper use of a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 15 |
| Credit reporting or other personal consumer reports | 13 |
| Checking or savings account | 2 |
| Debt collection | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Improper use of your report | 11 |
| Incorrect information on your report | 11 |
| Problem with a company's investigation into an existing problem | 3 |
| Problem with a credit reporting company's investigation | 3 |
| Problem with a lender or other company charging your account | 2 |
| Other | 1 |
Regarding solar power potential, ZIP Code 88242 has an average daily solar radiation level of 6.45 kWh/m2/day. This is approximately 56.55% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 2.12% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 88242 | 7.97¢/kWh | 6.72¢/kWh | 5.08¢/kWh |
| New Mexico | 14.14¢/kWh | 10.5¢/kWh | 5.65¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 88242 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.98 | 1.9 | 5.84 |
| Feb | 6.29 | 3 | 6.31 |
| Mar | 6.94 | 3.65 | 7.02 |
| Apr | 7.07 | 5.13 | 7.3 |
| May | 6.68 | 5.17 | 7.13 |
| Jun | 6.46 | 5.72 | 6.95 |
| Jul | 6.47 | 6.22 | 6.51 |
| Aug | 6.58 | 6.08 | 6.65 |
| Sep | 6.64 | 5.15 | 7.02 |
| Oct | 6.59 | 3.32 | 6.92 |
| Nov | 6.18 | 2.33 | 5.99 |
| Dec | 5.46 | 1.78 | 5.46 |