HomeNew MexicoLea CountyLovington city
Lovington city, New Mexico: commercial real estate data.
Lovington city is a Census city of 11,498 people across 11.20 square miles of land, in Lea County. Median household income is $68,821, 72.9 percent of occupied homes are owned, and the SBA record carries 36 7(a) approvals to borrowers here worth $29.5 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lovington
What Lovington is
- Census place typecity
- Land area11.2 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,027
- County holding the largest share of its areaLea County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lovington
How many people live in Lovington
- Population11,498
- Median age32.0
- Population under 183,763
- Share under 1832.7 percent
- Population 65 and over973 plus or minus 204
- Share 65 and over8.5 percent plus or minus 1.8
- Households3,415
- Family households2,333
- Share of households that are families68.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lovington
Income and work in Lovington
- Median household income$68,821 plus or minus $14,046
- Per capita income$23,727
- Civilian labor force4,670
- Employed4,327
- Unemployed343 plus or minus 162
- Unemployment rate7.3 percent plus or minus 3.4
- Adults 25 and over6,631
- Adults 25 and over with a high school diploma or higher74.7 percent
- Adults 25 and over with a bachelor degree or higher8.4 percent plus or minus 2.4
- Adults 25 and over with a graduate degree3.3 percent plus or minus 1.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lovington
Housing in Lovington
- Housing units3,908
- Occupied units3,415
- Vacant units493 plus or minus 178
- Vacancy rate12.6 percent plus or minus 4.4
- Owner occupied2,489
- Renter occupied926 plus or minus 241
- Ownership rate72.9 percent
- Median owner-occupied home value$166,100
- Median gross rent, monthly$1,014
- Annual rent as a share of median income17.7 percent plus or minus 4.0
- Single family units2,850
- Share single family72.9 percent
- Units in buildings of two or more182 plus or minus 101
- Share in buildings of two or more4.7 percent plus or minus 2.6
- Mobile homes826 plus or minus 241
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lovington
How Lovington gets to work
- Workers 16 and over who commute3,854
- Commuting under 15 minutes1,831 plus or minus 369
- Share commuting under 15 minutes47.5 percent
- Commuting 30 minutes or more1,390 plus or minus 353
- Share commuting 30 minutes or more36.1 percent plus or minus 8.3
- Drove alone67.1 percent
- Carpooled21.6 percent plus or minus 6.4
- Public transport0.8 percent plus or minus 1.2
- Walked0.0 percent
- Worked from home8.9 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lovington
SBA loans in Lovington (7(a))
- Approvals36
- Gross approval$29,543,700
- Average approval$820,658
- Median approval$255,000
- Ninetieth percentile approval$2,700,000
- Largest approval$5,000,000
- Jobs supported670
- Jobs per approval18.6
- Loans with a final outcome8
- Paid in full7
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises0.0 percent
- Distinct lenders9
- Distinct industries by NAICS14
A charge-off rate is not published here. only 8 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lea County, not Lovington
Lea County context, not Lovington figures
These are Lea County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lovington measurements.
- Establishments in Lea County1,730
- Employment at those establishments, Lea County24,911
- Covered employment, Lea County33,770
- Average annual pay, Lea County$69,342
- Average weekly wage, Lea County$1,333
- Housing units permitted, Lea County172
- Of those, single family, Lea County172
- County product, 2024, Lea County$12,857,883,000
- County product change over the prior year, Lea County13.9 percent
- Average income of an arriving household, Lea County$47,606
Every figure in this section is published for Lea County as a whole and is not a measurement of Lovington. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lovington questions, answered from the record.
How many people live in Lovington, New Mexico?
11,498, in 3,415 households. Lovington city covers 11.20 square miles of land, which is 1,027 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lovington in?
Lea County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lovington?
$68,821. The median owner-occupied home is valued at $166,100. Median gross rent is $1,014 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lovington businesses?
36 7(a) approvals totalling $29.5 m, across 9 lenders, median approval $255,000. These count approvals to borrowers whose address is in Lovington, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lovington borrowers get paid back?
No rate is published for Lovington. only 8 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lovington figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lea County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lovington.
Is zoning published for Lovington?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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