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Lovington, NM 88260 has a population of approximately 15,288 and experiences a population change rate of 24.41%. The population density is 20.2 / sq mi .
The median household income for Lovington, NM 88260 is $65,203, with 4,620 households and an average household size of 3.24.
The median value of a home in Lovington, NM 88260 is $136,900 with an appreciation rate of 6.20%. 64.77% of housing in the state is owned while 22.32% is rented.
The cost of living in Lovington, NM 88260 is 82.3 %.
The unemployment rate in Lovington, NM 88260 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, NM 88260 is 7.12%, while the income tax rate is 4.90% .
School expenditures in Lovington, NM 88260 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.