Real Estate details: Paterson NJ vs Hobbs NM
RE Insights
| Metric | Paterson | Hobbs |
|---|---|---|
| Population | 156,661 | 39,648 |
| Median Home Price | $357,000 | $265,000 |
| Rent | 74% | 39% |
| Own | 26% | 61% |
Real Estate Insights Comparison: Paterson vs Hobbs
- Paterson has a larger population of 156,661 compared to 39,648 in Hobbs.
- A higher median home price of $357,000 is found in Paterson compared to $265,000 in Hobbs.
- Rent in Paterson is higher at 74% compared to 39% in Hobbs.
- More homeowners can be found in Hobbs at 61% compared to 26% in Paterson.
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.