Retiring in Hobbs
Retiring in Hobbs offers genuinely affordable housing and New Mexico's real, income-capped Social Security tax exemption, anchored by a real regional hospital.
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Learn moreNew Mexico's real, income-capped Social Security exemption
New Mexico fully exempts Social Security income for taxpayers with federal AGI below $100,000 single/$150,000 married-filing-jointly, phasing out above those thresholds.
A genuinely affordable cost of living
Hobbs's average home value ran approximately $217,746, and its effective property tax rate (~0.89%) with a notably low median bill (~$518) runs favorably for fixed-income retirees.
A real regional healthcare anchor
Lea Regional Medical Center, licensed for approximately 186 beds, anchors real local healthcare access for retirees in southeastern New Mexico.
Key takeaways
- New Mexico's Social Security exemption applies below defined income thresholds; confirm exact figures with a tax professional.
- Hobbs's housing and property tax both run genuinely favorable for fixed-income retirees.
- Lea Regional Medical Center anchors real local healthcare access as the region's major hospital.
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