New Mexico

North Hobbs

Census-designated place North Hobbs is a census-designated place in New Mexico, in Lea County. A census-designated place is an unincorporated community that the Census Bureau defines for statistics; it has no city government of its own.

The median owner-occupied home in North Hobbs had a real-estate tax bill of $1,154 (± $142) a year, compared with $1,669 in New Mexico and $2,969 nationwide. The median home value was $233,200 (± $21,194), compared with $232,200 in New Mexico and $303,400 nationwide.

U.S. Census Bureau estimates for North Hobbs, New Mexico and the United States, with margins of error
MeasureNorth HobbsNew MexicoUnited States
Population 6,099 ± 643 2,114,768 332,387,540
Median annual property tax bill (homeowners) $1,154 ± $142 $1,669 ± $21 $2,969 ± $3
Median home value $233,200 ± $21,194 $232,200 ± $1,548 $303,400 ± $362
Median household income $89,279 ± $7,486 $62,125 ± $608 $78,538 ± $176
Property tax as a share of home value (calculated) 0.49% ± 0.08 points 0.72% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 88.2% ± 13.7 points 69.3% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 23.3% ± 6.5 pointsrough guide only: the margin of error is 28% of the estimate 36.8% ± 0.3 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs 12.5% ± 6.2 pointsrough guide only: the margin of error is 49% of the estimate 20.6% ± 0.5 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in New Mexico

How it works. State Property Tax Division delinquent-real-property public auction; state issues tax deed after sale

Excess sale money. Property Tax Code regulation 3.6.7.80 states when sale proceeds exceed amounts retained by PTD and remitted to county treasurer, department notifies former owners of record of right to claim refund of excess funds under 7-38-71 procedures

These rules are set by New Mexico, not by North Hobbs, so this section is the same for every place in the state. Last verified 2026-09-25. See the full New Mexico entry with statute links.

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