Lovington vs Farmington
| Lovington | Farmington | |
|---|---|---|
| Population | 11,495 | 46,457 |
| Median Household Income | $68,821 | $68,784 |
| Median Home Value | $166,100 | $233,000 |
| Median Gross Rent | $1,014/mo | $1,037/mo |
| Homeownership Rate | 72.9% | 66.2% |
| Unemployment Rate | 7.3% | 3.9% |
| Bachelor's Degree or Higher | 8.4% | 26.2% |
| Median Age | 32.0 | 38.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.