Lovington has a population of approximately 11,505 and experiences a population change rate of 21.48%. The population density is 1,012.7 / sq mi .
Lovington has a population of approximately 11,505 and experiences a population change rate of 21.48%. The population density is 1,012.7 / sq mi .
The median household income for Lovington is $60,357, with 3,470 households and an average household size of 3.21.
The median value of a home in Lovington is $138,000 with an appreciation rate of 6.20%. 62.32% of housing in the state is owned while 24.28% is rented.
The cost of living in Lovington is 81.9 %.
The unemployment rate in Lovington is 2.90%, and recent job growth is at 3.23%. Future job growth is projected at 47.05%.
The sales tax rate in Lovington is 7.12%, while the income tax rate is 4.90% .
School expenditures in Lovington are $11,926, and the school ratio is 17.1:1.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 16.1 inches per year, with 3.4 inches of snow per year.