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.

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