OZ Pitch Day - Mar 6, 2025
OZ Pitch Day - Mar 6, 2025
Census Tract 3, Hobbs, New Mexico
Census Tract 3 is a Low-Income Community Opportunity Zone located in Hobbs, New Mexico .
This 2.5 square mile census tract has a population of approximately 4,000 and is the only Opportunity Zone in Lea County .
The adjacent map shows the location of this Opportunity Zone in New Mexico.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 3 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$39K |
This Opportunity Zone has a median household income of approximately $39,000 , which is 25% lower than the median household income for the state of New Mexico of $52,000 .
Poverty Rate
28% |
The percentage of households below the poverty line in this Opportunity Zone is 28% , which is 10% higher than the rate for the state of New Mexico of 18% .
Median Home Value
$74K |
This Opportunity Zone has a median home value of approximately $74,000 , which is 59% lower than the median home value for the state of New Mexico of $180,000 .
Education
47% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 47% , which is 39% lower than the rate for the state of New Mexico of 86% .
Median Age
28 |
This Opportunity Zone has a median age of approximately 28 , which is 28% lower than the median age for the state of New Mexico of 39 .
New Mexico OZ Funds
To view New Mexico Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.
