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ZipNumbers

New Mexico · Census place 44490

Lovington city, NM

Quick answer

Lovington city has 11,444 residents, ranking #22 of 527 places in New Mexico. Median household income is $67,284, the median home is worth $162,900 and median gross rent runs $1,063 a month.

Population
11,444Lovington city residents
Median household income
$67,284Past 12 months, inflation adjusted
Median home value
$162,900Owner-occupied units
Median gross rent
$1,063Rent plus utilities, monthly
Median age
33 yrsAll residents
Homeownership rate
71.5%Owner-occupied households

What the numbers mean in Lovington city

Housing cost measured against local earnings.

A household earning the Lovington city median would spend about 19% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.4% of residents and 71.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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