Real Estate details: Hobbs NM vs Shelbyville TN
RE Insights
| Metric | Hobbs | Shelbyville |
|---|---|---|
| Population | 39,648 | 24,452 |
| Median Home Price | $265,000 | $228,000 |
| Rent | 39% | 51% |
| Own | 61% | 49% |
Real Estate Insights Comparison: Hobbs vs Shelbyville
- Hobbs has a larger population of 39,648 compared to 24,452 in Shelbyville.
- A higher median home price of $265,000 is found in Hobbs compared to $228,000 in Shelbyville.
- The rent percentage in Shelbyville is higher at 51% compared to 39% in Hobbs.
- A greater percentage of homeowners in Hobbs at 61% compared to 49% in Shelbyville.
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.