ZIP 88242 — Business Opportunities

Top business opportunities in 88242

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

1. 1. Jewelry & Accessories 100/100
   ~0.8 businesses underserved · confidence: medium
2. 2. Furniture & Home Decor 94/100
   ~0.7 businesses underserved · confidence: medium
3. 3. Toys & Games 87/100
   ~0.9 businesses underserved · confidence: medium
4. 4. Fitness Centre 81/100
   ~1.0 businesses underserved · confidence: medium
5. 5. Clothing & Apparel 81/100
   ~1.5 businesses underserved · confidence: medium
6. 6. Electronics 80/100
   ~0.5 businesses underserved · confidence: medium
7. 7. Bars & Nightlife 76/100
   ~0.9 businesses underserved · confidence: medium
8. 8. Restaurants 74/100
   ~5.8 businesses underserved · confidence: medium
9. 9. Schools 74/100
   ~4.4 businesses underserved · confidence: medium
10. 10. Veterinary 74/100
    ~0.6 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 88242.

• Security — 1 businesses
• Schools — 1 businesses
• Social Facility — 1 businesses
• Variety Store — 1 businesses
• Childcare — 1 businesses
• Religious — 0 businesses
• Golf Course — 0 businesses
• Gas Stations — 0 businesses
• Information — 0 businesses
• Dental — 0 businesses
• Park — 0 businesses
• Auto Repair — 0 businesses
• Storage Rental — 0 businesses
• Second Hand — 0 businesses
• Government Services — 0 businesses

Full demographic profile

Population	7,312
Households	2,537
Median household income	$82,041
Per capita income	$36,403
Median age	37.2
% bachelor's degree or higher	17.189%
% age 18–34	18.914%
% age 65+	8.958%
% renter-occupied	16.548%
Median home value	$213,200
Median gross rent	$1,168
Unemployment rate	8.777%

Nearby ZIPs in NM

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