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Hobbs is a city in Lea County, New Mexico, United States. Its population was 40,508 at the 2020 census , [ 4 ] increasing from 34,122 in 2010. Hobbs is the principal city of the Hobbs, New Mexico micropolitan statistical area , which includes all of Lea County.
But there are both pros and cons to living in a state with certain tax advantages. Pro: You’ll Have To Pay Only Federal Income Tax The top federal income tax bracket is 37%.
Lea County is located in the southeast corner of New Mexico and borders Texas to the south and east. The Permian Basin, 250 mi (400 km) wide and 350 mi (560 km) long, underlies Lea County and adjacent Eddy County, as well as a large portion of West Texas. It produces 500,000 barrels of crude a day, and this number was expected to double in 2019.
But there are both pros and cons to living in a state with certain tax advantages. Pro: You’ll Have To Pay Only Federal Income Tax The top federal income tax bracket is 37%.
North Hobbs is an unincorporated community and census-designated place in Lea County, New Mexico, United States. Its population was 5,391 as of the 2010 census . [ 4 ]
Get the Hobbs, NM local weather forecast by the hour and the next 10 days.
In 2020, because schools in New Mexico ended in-person learning because of the COVID-19 pandemic and because Texas schools in general had better academic reputations than New Mexican schools, several New Mexico students moved to Texas. That same year, enrollment figures were down by 1,232.
Pros and cons of using home equity to buy land Pros. ... State-by-state land values per acre. ... The lowest is in New Mexico.