88260 ZIP Code – Lovington, New Mexico

88260 is a mid-sized ZIP code in Lovington, New Mexico, part of Lea County with a population of approximately 15,498 residents. The median household income is $72,510 — above the New Mexico average and near the national average. Median home values of $161,400 are below the national average, with 76.3% owner-occupied housing (increasing). . Median rent is $932, which is near the U.S. average. Housing consists of 71% single-family (decreasing).

The area reports an unemployment rate of 5.9%, above the national average. An estimated 20.9% of the population falls below the poverty line, well above the national figure. About 14.7% of residents have completed a four-year degree, well below the national rate. At 33.7, the median age is below the national figure. Neighboring ZIP codes include 88262, 88242, 88244.

ZIP Code 88260 Data

Population 15,498
Median Household Income $72,510
Median Home Value $161,400
Median Rent $932
Median Age 33.7
Unemployment Rate 5.9%
Poverty Rate 20.9%
Bachelor's Degree or Higher 14.7%
County Lea County
State New Mexico

ZIP 88260 vs. New Mexico vs. U.S.

MetricZIP 88260NM Avg.U.S. Avg.
Population15k5,89610k
Median Household Income$72k$55k$73k
Median Home Value$161k$190k$258k
Median Rent$932$897$1,088
Median Age33.746.243.2
Unemployment Rate5.9%6.3%5.0%
Poverty Rate20.9%19.9%13.3%
Bachelor's Degree or Higher14.7%23.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
88262 MCDONALD 4 Not provided
88242 HOBBS 7,312 $82,041
88244 HOBBS 1,183 Not provided
88264 MALJAMAR Not provided Not provided
88240 HOBBS 41,652 $63,083