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Read about what plays a Big Role in Hobbs, New Mexico Home Insurance to understand what drives rates & to get a cheap quote.

Higher the lower the unemployment rate in Hobbs, NM the costlier the insurance

City Unemployed People % of people Unemployed Home Insurance ($)
Hobbs 32112 5 666
Terry County, TX 9,674 3 999
Goldsmith, TX 18,183 5 1,000
Lake Arthur 241 2 645
Carlsbad 26,419 5 670
Artesia 12,812 4 669
Wolfforth, TX 2,519 5 1,032
Jal 1,614 2 653
Hockley County, TX 17,496 3 1,007
Pecos, TX 9,543 6 991
Morton, TX 1,848 7 981
Loving 1,682 7 651
Lynn County, TX 4,540 3 1,002
Odessa, TX 83,719 3 1,018
Loop, TX 202 0 1,007
Winkler County, TX 5,218 2 985
Hope 70 0 671
Gaines County, TX 12,281 3 1,015
Malaga 20 0 672
Lamesa, TX 436 2 1,003
Causey 100 0 641

Better incomes in Hobbs, NM lead to cheaper insurance rates

City Median Income Level ($) Home Insurance ($)
Hobbs 21,905 666
Seminole, TX 22,425 1,017
Dawson County, TX 17,115 992
Los Ybanez, TX 1,430 963
Ward County, TX 21,409 995
Loving 18,468 651
Terry County, TX 20,008 999
Eddy County 27,092 669
O'Donnell, TX 18,034 999
Gaines County, TX 22,360 1,015
Morningside 8,123 629
Opdyke, TX 15,835 989
Hockley County, TX 22,290 1,007
Lovington 18,459 662
Midland County, TX 32,223 1,045
Sundown, TX 21,113 1,003
Monahans, TX 22,194 997
Artesia 31,356 669
Causey 19,099 641
Livingston Wheeler 15,283 666
Goldsmith, TX 19,033 1,000

More poverty in Hobbs, NM means higher rates

City People Below Poverty Level % of People Below Poverty Level Home Insurance ($)
Hobbs 7205 17 666
Denver City, TX 541 9 1,003
Causey 21 18 641
Hockley County, TX 3,704 16 1,007
Kermit, TX 954 15 990
Loco Hills 0 0 677
Pecos, TX 2,520 24 991
Sand Hills, TX 27 6 1,010
Tatum 131 11 665
Livingston Wheeler 173 28 666
Nadine 35 10 660
Artesia 2,647 15 669
Goldsmith, TX 4,790 18 1,000
Dora 301 18 674
Atoka 47 4 676
Welch, TX 14 11 976
Hope 3 3 671
Los Ybanez, TX 23 100 963
Chaves 5 7 649
Seagraves, TX 663 18 999
Wolfforth, TX 477 12 1,032

Advanced Education levels in Hobbs, NM implies cheaper homeowners insurance

City Number of 18 years old & greater with college degree % of 18 years old & greater with college degree Home Insurance ($)
Hobbs 2733 10 666
Hagerman 106 6 654
Roswell 3,455 11 662
Smyer, TX 30 11 992
Winkler County, TX 263 6 985
Hockley County, TX 1,869 13 1,007
Seminole, TX 812 10 1,017
Midway 0 0 644
New Home, TX 19 7 985
Loco Hills 0 0 677
Chaves 15 23 649
Crane, TX 32 3 993
Livingston Wheeler 29 8 666
Happy Valley 0 0 670
Gaines County, TX 1,001 10 1,015
Atoka 69 8 676
Lamesa, TX 25 6 1,003
Loving 26 2 651
Denver City, TX 431 12 1,003
Barstow, TX 12 3 977
Pecos, TX 601 7 991