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Physical Therapist in Hobbs, NM

Median Salary

$49,024

Vs National Avg

Hourly Wage

$23.57

Dollars / Hr

Workforce

N/A

Total Jobs

Growth

+3%

10-Year Outlook

Of course. As a Career Analyst with deep roots in Southeast New Mexico, I've put together a no-nonsense guide for Physical Therapists (PTs) looking at Hobbs. This isn't a brochure; it's a practical breakdown of what your career and life might look like here.

The Salary Picture: Where Hobbs Stands

Let's cut to the chase: the numbers. Hobbs is a unique market. It's not a major metro, but its economy, heavily tied to oil and gas and regional healthcare, supports competitive wages for skilled professionals like PTs.

The median salary for a Physical Therapist in Hobbs is $97,765/year, which breaks down to an hourly rate of $47.0/hour. To put this in perspective, the national average for PTs sits at $99,710/year. So, while Hobbs is slightly below the national average, it's crucial to consider the local cost of living, which we'll dive into next.

The job market here is stable but not sprawling, with an estimated 79 PT jobs in the metro area. The 10-year job growth projection is a healthy 14%, which suggests steady demand, largely driven by an aging population and the ongoing need for post-operative and chronic pain rehabilitation.

Hereโ€™s a realistic breakdown of salaries by experience level in the Hobbs area:

Experience Level Estimated Annual Salary (Hobbs) Notes
Entry-Level (0-2 years) $78,000 - $88,000 Typically starts in outpatient clinics or as a new graduate in a hospital-based program.
Mid-Career (3-7 years) $95,000 - $105,000 This is where the median $97,765 sits. You're likely specializing or taking on more autonomy.
Senior-Level (8-15 years) $105,000 - $118,000 Often involves clinical supervision, specialty clinics (e.g., sports, vestibular), or home health leadership.
Expert/Manager (15+ years) $118,000+ Clinic director, department head, or senior specialist roles in a major hospital system.

How does Hobbs compare to other NM cities?

  • Albuquerque: Median salary is comparable (around $99,000), but the cost of living and competition are higher.
  • Las Cruces: Similar salary range to Hobbs, with a slightly lower cost of living but a different economic base (agriculture, education).
  • Santa Fe: Salaries can be higher (often $102,000+), but the cost of living is significantly more elevated, especially housing.

Insider Tip: Don't just look at the base salary. Many Hobbs employers, especially the hospital systems, offer sign-on bonuses (anywhere from $5k-$15k) and student loan repayment assistance to attract talent to this region. Always ask about these during negotiations.

๐Ÿ“Š Compensation Analysis

Hobbs $49,024
National Average $50,000

๐Ÿ“ˆ Earning Potential

Entry Level $36,768 - $44,122
Mid Level $44,122 - $53,926
Senior Level $53,926 - $66,182
Expert Level $66,182 - $78,438

Wage War Room

Real purchasing power breakdown

Select a city above to see who really wins the salary war.

The Real Take-Home: After Taxes and Rent

A salary of $97,765 looks good on paper, but what does it mean for your daily life in Hobbs? Let's run the numbers.

Assuming you're single, filing as Head of Household (a common scenario for professionals), and claiming the standard deduction, your estimated take-home pay after federal and state taxes would be approximately $74,500/year, or about $6,208/month.

Now, let's layer in the cost of living. The average rent for a 1-bedroom apartment in Hobbs is $935/month. The Cost of Living Index for Hobbs is 93.5, meaning it's 6.5% cheaper than the U.S. average.

Hereโ€™s a sample monthly budget breakdown for a single Physical Therapist earning the median salary:

Category Estimated Monthly Cost Notes
Gross Monthly Income $8,147 Based on $97,765/year
Taxes (Federal & NM) -$1,939 Approximate deduction for a single head of household
Take-Home Pay $6,208
Rent (1BR Average) -$935 Can range from $800-$1,100 depending on neighborhood
Utilities (Electric, Gas, Water, Internet) -$250 High summer AC costs are a real factor in Hobbs
Groceries -$400
Car Payment & Insurance -$550 Assumes a moderate car payment; insurance is mid-range
Gas (Fuel) -$200 Hobbs is spread out; expect to drive more than in a dense city
Health Insurance (Employer-Sponsored) -$150 Premiums vary, but this is a typical employee contribution
Retirement Savings (10%) -$620 Critical for long-term financial health
Discretionary Spending $2,103 This covers dining out, entertainment, travel, etc.

Can they afford to buy a home?
Absolutely. The median home price in Hobbs is approximately $220,000 - $250,000. With a strong down payment (20%), a monthly mortgage (including taxes and insurance) would be roughly $1,400 - $1,600. Given the take-home pay of $6,208, a mortgage would consume about 22-26% of your monthly income, which is well within the comfortable range of the recommended 30% threshold. Homeownership is a very realistic goal for a PT in Hobbs, a significant advantage over many larger cities.

๐Ÿ’ฐ Monthly Budget

$3,187
net/mo
Rent/Housing
$1,115
Groceries
$478
Transport
$382
Utilities
$255
Savings/Misc
$956

๐Ÿ“‹ Snapshot

$49,024
Median
$23.57/hr
Hourly
0
Jobs
+3%
Growth

Where the Jobs Are: Hobbs's Major Employers

The job market for PTs in Hobbs is concentrated, but stable. Here are the key players you need to know:

  1. Lea Regional Medical Center: The largest employer in the city. They have a robust inpatient rehab unit, outpatient orthopedic clinic, and home health services. They are the primary hub for acute care and post-surgical rehab. Hiring trends here are consistent; they often look for PTs with experience in neurological and cardiac rehab due to the patient demographics.

  2. Nor-Lea Hospital District: Located in nearby Lovington (a 15-minute commute), this is another major healthcare provider for the region. Their PT department serves both the hospital and a community clinic. They often have a high demand for pediatric PTs, which is a niche in the area.

  3. Select Physical Therapy / ATI Physical Therapy: National outpatient orthopedic chains with a strong presence in Hobbs. These clinics focus on sports medicine, work injuries, and post-op ortho. They are often the first stop for new graduates and offer structured mentorship programs. Hiring can be cyclical but steady.

  4. Home Health Agencies (e.g., Encompass Health, LHC Group): Several national and regional agencies operate in Hobbs. This is a growing sector, especially with the aging population. PTs in home health often earn a bit more (due to mileage reimbursement and productivity bonuses) but need to be highly self-motivated and organized.

  5. Hobbs School District: The district employs PTs for its special education programs, focusing on pediatric care for students with developmental delays or injuries. These positions are competitive and follow a school-year calendar.

  6. Private Practice & Specialty Clinics: A handful of private practices focus on niche areas like pelvic floor therapy or vestibular rehab. These are smaller employers but can offer higher autonomy and potentially higher per-patient rates.

Insider Tip: The local PT community is tight-knit. Lea Regional and Nor-Lea often collaborate on continuing education events. Getting to know therapists who work at these facilities at local events is the best way to hear about openings before they're officially posted.

Getting Licensed in NM

Licensure is handled by the New Mexico Regulation and Licensing Department, Professional Licensing Bureau. The process is straightforward but requires attention to detail.

Requirements:

  1. Education: A Doctor of Physical Therapy (DPT) from a CAPTE-accredited program.
  2. Examination: Pass the National Physical Therapy Examination (NPTE) for both PTs and PTAs.
  3. Jurisprudence Exam: Pass the New Mexico Jurisprudence Exam, which covers state-specific laws and rules. You can study for this online through the state board's website.
  4. Background Check: Submit fingerprints for a criminal background check.

Timeline & Costs:

  • If you're already licensed in another state: You can apply for licensure by endorsement. The process typically takes 4-6 weeks once your application is complete. You must have an active, unencumbered license in another state and have passed the NPTE.
  • If you are a new graduate: The timeline is longer. You'll need to graduate, pass the NPTE, and then apply for initial licensure. This can take 3-5 months from graduation to holding your NM license.
  • Costs: Expect to pay around $350 for the initial application and license fee. The Jurisprudence Exam fee is separate (approximately $75). Background check fees are additional.

Insider Tip: The NM board can be slow to process paperwork. Submit your application and all supporting documents (transcripts, NPTE scores) well before you plan to move or start a job. Digital copies are a must; have them ready to email.

Best Neighborhoods for Physical Therapists

Hobbs is a car-centric city, but where you live can significantly impact your commute and lifestyle.

  1. Central Hobbs (Downtown/Lea Park): This is the heart of the city. It's walkable to local coffee shops, the movie theater, and some restaurants. You're within a 5-10 minute drive to Lea Regional Medical Center and most outpatient clinics. The housing stock is a mix of older, well-kept bungalows and some new apartment complexes.

    • Rent Estimate: $900 - $1,100 for a 1BR.
  2. North Hobbs (near the Country Club & golf courses): This is one of the more established, higher-income neighborhoods with larger homes, mature trees, and a quiet, suburban feel. It's about a 10-15 minute commute to the major hospital and clinics. A great option for those looking to buy a home.

    • Rent Estimate: $950 - $1,200 for a 1BR; more options for 2-3BR houses.
  3. Southwest Hobbs (near the university): This area is seeing new development, with modern apartment complexes and subdivision homes. It's close to New Mexico Junior College and has easy access to the main commercial corridors (Sonoma Ave/Dal Paso St). Commute to most employers is under 15 minutes.

    • Rent Estimate: $850 - $1,050 for a 1BR.
  4. Sunset Gardens: A quiet, residential neighborhood on the city's east side. It's primarily single-family homes, popular with young professionals and families. The commute to the main healthcare hubs is about 10-15 minutes.

    • Rent Estimate: $1,000+ for a 2BR house or apartment.
  5. Near the Airport (West Hobbs): This area is more industrial and commercial, but offers newer apartment options at a slightly lower price point. The commute is still reasonable (10-15 minutes) to most jobs, but the lifestyle is less "neighborhoody."

    • Rent Estimate: $800 - $950 for a 1BR.

The Long Game: Career Growth

In a market like Hobbs, career growth is less about climbing a corporate ladder and more about deepening your expertise and diversifying your skills.

Specialty Premiums:
While specific Hobbs data is scarce, national trends show that specializing can lead to a 5-15% salary premium. In Hobbs, the most in-demand specializations are:

  • Geriatrics/Neurology: With an aging population and proximity to oil fields (older workforce), this is a massive need.
  • Pediatrics: Especially for school district or early intervention roles.
  • Home Health: Requires strong independent practice skills and can come with productivity-based bonuses.

Advancement Paths:

  1. Clinical Expert: Become the go-to PT for a specific condition (e.g., vestibular rehab, pelvic floor). This can lead to higher pay and consulting opportunities.
  2. Management: Move into a Clinic Director or Department Head role at Lea Regional or a large outpatient chain. This path focuses on business operations, staffing, and budgets.
  3. Education: Become a clinical instructor for DPT students from universities that place students in Hobbs for rotations. This doesn't typically come with a direct pay bump but adds immense professional value.
  4. Private Practice: The ultimate entrepreneurship path. Opening your own clinic has high risk but high reward, capitalizing on a specific service gap in the market.

10-Year Outlook (Hobbs NM):
The 14% job growth projection is solid. The demand will be driven by:

  • Oil & Gas Industry: This sector's boom-and-bust cycles directly impact the local population and patient needs (work-related injuries, stress-related conditions).
  • Aging Demographics: New Mexico has an aging population, and Hobbs is no exception, ensuring a steady stream of geriatric PT needs.
  • Lifestyle Factors: High rates of obesity and diabetes in the region create a chronic need for cardiopulmonary and wound care PTs.

The key to long-term growth here is adaptability. The PT who can treat a post-op knee replacement, manage a complex neuro case, and provide compassionate geriatric care will never be out of work in Hobbs.

The Verdict: Is Hobbs Right for You?

Making the move to Hobbs is a lifestyle choice as much as a career one. Hereโ€™s a balanced look:

Pros Cons
Extremely Low Cost of Living: Your salary stretches far, making homeownership highly accessible. Isolation: It's a 4-hour drive to Albuquerque and 6 hours to El Paso. Air travel options are limited.
High Demand & Job Security: With only 79 jobs but 14% growth, the market is stable but not oversaturated. Limited Cultural & Entertainment Scene: You won't find the museums, concerts, or diverse dining of a big city.
Tight-Knit Professional Community: Easy to network and collaborate with other healthcare providers. Weather: Summers are brutally hot (100ยฐF+ for weeks), and dust storms are common. Winters are mild but can be windy.
Slower Pace of Life: Less traffic, less stress, and a more relaxed daily rhythm. Economic Dependency: The local economy is heavily tied to the volatile oil and gas industry.
Great for Outdoor Enthusiasts: Proximity to West Texas for hiking, camping, and big sky country. Limited Shopping & Dining: You'll drive to Lubbock or Midland for most specialty retail or high-end dining.

Final Recommendation:
Hobbs is an excellent choice for a Physical Therapist who is early to mid-career, values financial stability and homeownership, and prefers a slower, community-focused lifestyle over urban amenities. It's ideal for those who are self-motivated, enjoy building deep local connections, and can find joy in the vast, open landscapes of Southeast New Mexico. If you crave constant new experiences and a bustling social scene, you will likely feel isolated. But if you want to build a solid career, pay off debt quickly, and own a home, Hobbs offers a compelling and financially savvy path.

FAQs

1. Is the cost of living really that low?
Yes. The Cost of Living Index of 93.5 is accurate, but the real story is housing. With average rent at $935 and median home prices around $225,000, your housing costs will be a fraction of what they'd be in a major metro area, freeing up significant income for savings and travel.

2. What is the patient population like?
It's diverse but heavily skewed. You'll see a lot of orthopedic cases related to the oil field and agriculture (work injuries, joint wear). There is a significant geriatric population needing post-op and cardiac rehab. Pediatric cases are present but less concentrated than in a larger city.

3. How easy is it to get involved in the community?
Very easy. Hobbs is a "you have to put yourself out there" town. Join a local church, volunteer at community events, or join the local running club. The professional community is welcoming; attending local CEU events is a fast track to meeting colleagues and friends.

4. Do I absolutely need a car?
Yes, 100%. Hobbs is not a walkable city. Public transit is extremely limited. You will need a reliable vehicle to get to work, run errands, and explore the region. Factor car ownership into your budget from day one.

5. What about spousal employment?
This is a critical consideration. The job market outside of healthcare and education is dominated by oil and gas, retail, and education. If your spouse works in a specialized field, remote work is often the best option. It's wise to research the local job market for your partner's profession before making a final decision.

Data Sources: Bureau of Labor Statistics (OEWS May 2024), NM State Board, Bureau of Economic Analysis (RPP 2024), Redfin Market Data
Last updated: January 28, 2026 | Data refresh frequency: Monthly