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Lovington, New Mexico

city · Lea County

At a glance

11,498
Population
$166,100
Median home value (all homes)
45% below U.S. median
$187,904
Typical market value
Zillow, 2026-07
$1,014/mo
Median rent
25% below U.S. median
$68,821
Median household income
12% below U.S. median
30.9 min
Average commute
89.9%
Homes with broadband
99.61%
Locations with fiber available
7.3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 86 — 14% below the national average. how it's computed

Housing28% below
Goods & services4% below
Utilities6% below
Taxes31% below
Insurance21% below
Commute cost3% above
For business: New Mexico is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college15 mi
Nearest community college16 mi
Nearest technical college93 mi
High school graduates74.7%
College graduates8.4%

Doing business here

Economic development contacts, most local first:

city Lovington EDC
The Lovington Economic Development Corporation is a 501(c)(3) nonprofit dedicated to growing Lovington’s economy through business support, community partnerships, and local investment, organized to foster and promote economic development in Lovington and the surrounding area. It is a nonpolitical, community-focused organization devoted to helping local businesses start, expand, and succeed while driving projects that enhance the quality of life in Lovington.
state New Mexico Economic Development
The New Mexico Economic Development Department's (NMEDD) mission is creating pathways to prosperity for all New Mexicans. The department works to attract, retain, and expand businesses in New Mexico through a variety of incentive programs, grants, and resources designed to grow the state's economy and create high-wage jobs. NMEDD supports communities across the state with tools for economic development, outdoor recreation, film production, and entrepreneurship.
state New Mexico Economic Development Partnership
The New Mexico Partnership is the state’s single point of contact for business expansion, representing the State of New Mexico by helping companies outside the state explore opportunities, evaluate sites, and establish new operations here with confidence, through site selection support, incentive guidance, workforce analysis, and local coordination with the New Mexico Economic Development Department and a statewide network of partners.
state New Mexico Small Business Development Center
The New Mexico SBDC Network provides no-cost business consulting and low or no cost business training to entrepreneurs throughout the state. The organization aims to develop skilled entrepreneurs and strong businesses through counseling and trainings.
state The Navajo Nation Economic Development
The Navajo Nation Division of Economic Development provides information and assistance for businesses considering investment, expansion, or relocation on Navajo Nation lands across Arizona, New Mexico, and Utah, highlighting land, labor resources, energy resources, and tax incentives to attract economic activity.
State sales taxYes
State income taxYes
Right-to-work stateNo

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