Small Business in Hobbs

The city's median age is 32, and the average household size is 2.71, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $65,691, reflecting the community’s purchasing power and potential demand for various services. Hobbs supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 370 operating businesses.

New websites
31
+47.62%
in 2024 compared to 2023
Total websites
400
+8.59% (+31)
increase from 2023 to 2024