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Daycare Costs Near Hobbs, NM (88240)

Opportunity Score

65 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 88240 is an suburban area. with a population of 41,612 and household incomes near the national median ($65,394). There are 14 daycare centers operations in ZIP 88240.

Area Profile

41,612

Population

$65,394

Median Income

-12% vs. national

Suburban

Area Type

Median Age: 30.1 — mixed-age market, broad menu appeal.

College-Educated: 9.6% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 88240.

Daycare Centers

Moderate — proven market

3.4 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,124

Median Gross Rent

$180 K

Median Home Value

Bank Branches

$1.3 M deposits

Childcare Assistance in New Mexico

Families in ZIP 88240 may qualify for state-funded childcare subsidies through New Mexico's CCDF program. Income limits and copays vary by county.

Check New Mexico subsidy eligibility ›

Already Getting a Subsidy? See How Much More You Can Save

The federal dependent care credit and Dependent Care FSA stack on top of subsidies. Most families save an additional $600–$2,100/year — in 10 seconds.

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