Is Lovington, New Mexico a Good Place To Live? - Living In Lovington, NM

Is Lovington, New Mexico a good place to live?
Lovington is a city in New Mexico state in USA with a population of 11400 residents.. The poverty rate of Lovington is 17.9%, which is 28% higher than national average. The typical household in Lovington earns $60401 a year, compared to the national median of $67,500. Nearly 41.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lovington, only 72% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lovington remained 7.6%, which is 62% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lovington, only 7% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Lovington is 86, which is 14% lower than national average. Median home value in Lovington is $121000 , which is 47% lower than national average. While median income in Lovington remained $60401, which is 11% lower than national average.
Population
11400
Unemployment
7.6%
62% NAT AVG.
Poverty
17.9%
28% NAT AVG.
Overall Score
5
Median Home Cost
$121000
47% NAT AVG.
Median Income
$60401
11% NAT AVG.
Median Rent
$808
30% NAT AVG.
Cost Of Living
86
14% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 13
People Earning < $10,000
1 in 17
People Earning < $50,000
41.8%
People with <= High School
1 in 1.6
People With Any Degree
1 in 6.7
Pros & Cons Overview

Jobs60%

Housing60%

Affordability85%

Safety85%

Amenities85%

Diversity80%

Education30%

Commute50%