Living in Loving, New Mexico

Cost of living, income, home prices, rent and demographics of Loving · Census data 2020–2024

Loving has 1,357 residents with a median age of 37.3. The median household income is $43,884 (31% lower than the New Mexico median), the median home value is $171,600, the median rent is $1,327/month.

Loving is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Loving at a glance

Population
1,357
Median age
37.3State: 39.4
Median household income
$43,884State: $64,059
Median home value
$171,600State: $248,100
Median rent
$1,327/moState: $1,067
Homeowners
75.4%
Bachelor's degree or higher
5%
Average commute
17 min

Is Loving a good place to live?

Pros: Home values 31% lower than the state median; an average commute of 17 minutes.

Cons: Median household income 31% lower than the New Mexico median; unemployment of 16.2%; a poverty rate of 20.1%.

The weather is best in March–April and October–November.

Cost of living in Loving

Housing is the biggest part of the cost of living. In Loving the median home value is $171,600, 48% lower than the U.S. median. Renters pay a median of $1,327 per month, which is 35.8% of household income. Homeowners with a mortgage pay $1,267 a month in housing costs.

Median home value

Loving$171,600
New Mexico$248,100
United States$332,700

Median monthly rent

Loving$1,327
New Mexico$1,067
United States$1,413

Loving median household income

The median household income in Loving is $43,884 and the income per person is $23,842. 20.1% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Loving$43,884
New Mexico$64,059
United States$80,734

Housing in Loving: homes for sale and rent

Housing units
670
Owner-occupied
75.4%
Renter-occupied
24.6%
Vacant
26.1%Includes seasonal homes
Median year built
1973
Average household size
2.74

Loving demographics

Population
1,357
Median age
37.3
Under 18
26%
65 and older
21.3%
Households
495
Foreign-born
3.9%
Veterans
5%Adults 18+

Race and ethnicity

White29.1%
Hispanic or Latino89.6%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Loving ›

Education in Loving

5% of adults 25 and older in Loving have a bachelor's degree or higher (New Mexico: 31%), and 5% have a graduate or professional degree.

Bachelor's degree or higher

Loving5%
New Mexico31%
United States35.7%

Jobs and commute in Loving

Unemployment rate
16.2%State: 6%
Average commute
17 minState: 24 min
Work from home
0%
Drive alone
76.7%
Public transit
0%
Walk to work
4.7%
Homes with broadband
78.8%

Loving vs nearby towns

TownPopulationMedian incomeHome valueRent
Loving1,357$43,884$171,600$1,327
Livingston Wheeler460$79,329$153,000—
Carlsbad31,746$72,306$200,000$1,236
La Huerta1,288$78,861$345,100—
Happy Valley845$62,215$200,000$1,115
Atoka1,347$83,704$116,200$1,157
Artesia12,576$74,915$229,400$1,288

More for people moving to Loving

Loving ZIP code ›Weather and climate ›

Living in Loving: FAQ

What is the median household income in Loving, NM?

The median household income in Loving is $43,884, 31% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Loving?

The median home value in Loving is $171,600, compared with $248,100 in New Mexico.

How much is rent in Loving?

The median gross rent in Loving is $1,327 per month, about 35.8% of household income.

Is Loving, NM a good place to live?

Pluses: home values 31% lower than the state median; an average commute of 17 minutes. Minuses: median household income 31% lower than the New Mexico median; unemployment of 16.2%; a poverty rate of 20.1%.

What is the median age in Loving?

The median age in Loving is 37.3 years (New Mexico: 39.4).

How long is the commute in Loving?

The average commute to work in Loving is 17 minutes; 0% of workers work from home.

What is the unemployment rate in Loving?

The unemployment rate in Loving is 16.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Loving?

5% of adults in Loving have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: