ZIP 88240 — Business Opportunities

Top business opportunities in 88240

The highest-scored business categories to consider opening in Hobbs, NM, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Childcare 100/100
   ~5.7 businesses underserved · confidence: high
2. 2. Toys & Games 85/100
   ~5.6 businesses underserved · confidence: high
3. 3. Music School 64/100
   ~2.0 businesses underserved · confidence: low
4. 4. Bars & Nightlife 63/100
   ~4.9 businesses underserved · confidence: high
5. 5. Laundromats 59/100
   ~3.5 businesses underserved · confidence: high
6. 6. Driving School 58/100
   ~1.6 businesses underserved · confidence: low
7. 7. Prep School 53/100
   ~1.3 businesses underserved · confidence: low
8. 8. Jewelry & Accessories 42/100
   ~2.5 businesses underserved · confidence: high
9. 9. Golf Course 41/100
   ~3.4 businesses underserved · confidence: high
10. 10. Social Facility 41/100
    ~4.6 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 88240.

• Fast Food — 26 businesses
• Restaurants — 17 businesses
• Religious — 14 businesses
• Gas Stations — 11 businesses
• Auto Repair — 9 businesses
• Banking & Finance — 9 businesses
• Schools — 8 businesses
• Park — 7 businesses
• Mobile Phone — 7 businesses
• Auto Sales — 7 businesses
• Clothing & Apparel — 7 businesses
• Convenience Stores — 5 businesses
• Hotels & Lodging — 5 businesses
• Variety Store — 4 businesses
• Fitness Centre — 4 businesses

Full demographic profile

Population	41,652
Households	14,207
Median household income	$63,083
Per capita income	$29,843
Median age	29.3
% bachelor's degree or higher	15.531%
% age 18–34	22.301%
% age 65+	8.177%
% renter-occupied	32.612%
Median home value	$161,400
Median gross rent	$1,059
Unemployment rate	7.483%

Nearby ZIPs in NM

88221 Carlsbad · 88211 Artesia · 88411 Bard · 88414 Capulin · 88415 Clayton · 88416 Conchas Dam