Real Estate details: Hobbs NM vs Orchard NE
RE Insights
| Metric | Hobbs | Orchard |
|---|---|---|
| Population | 39,648 | 354 |
| Median Home Price | $265,000 | $138,000 |
| Rent | 39% | 26% |
| Own | 61% | 74% |
Real Estate Insights Comparison: Hobbs vs Orchard
- Hobbs has a larger population of 39,648 compared to 354 in Orchard.
- A higher median home price of $265,000 is found in Hobbs compared to $138,000 in Orchard.
- Rent in Hobbs is higher at 39% compared to 26% in Orchard.
- More homeowners can be found in Orchard at 74% compared to 61% in Hobbs.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.