Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.7 yrs |
|---|---|
| Avg HH Size | 3.24 |
| Below Poverty | 20.3% ▲ 103% above avg |
| College Grads | 29.8% ▼ 23% below avg |
| Unemployment | 5.8% ▲ 19% above avg |
| No HS Diploma | 307 (4.2%) |
| HS Graduate | 2,543 (35%) |
| Some College | 1,000 (13.8%) |
| Associates | 1,251 (17.2%) |
| Bachelors | 875 (12%) |
| Graduate Degree | 1,286 (17.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,197 ≈ Avg |
|---|---|
| Median Home Value | $174,200 ▼ 38% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $1,081/mo |
| Total Housing Units | 5,474 |
| Vacant Units | 817 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lovington is a city in New Mexico, located in Lea County. The city spans 1 ZIP code and is home to approximately 15,410 residents. It is a relatively young city, with a median age of 33.7 years.
Economically, Lovington is a middle-income community. The median household income of $75,197 is near the national average. Approximately 20.3% of residents live below the poverty line. The unemployment rate is 5.8%, above the national average.
The real estate market in Lovington is an affordable housing market. Median home values stand at $174,200, which is below the national average. Renters typically pay around $1,081 per month. Homeownership is high at 74.3%, typical of suburban and family-oriented communities.
The population of Lovington is moderately educated. 29.8% of adults hold a bachelor's degree or higher — below the national average. The community is majority Hispanic (65.54%).
Lovington, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 88260 | 15,410 | $75,197 | $174,200 | $1,081 | 5.8% | 29.8% | 74.3% |