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Real Estate Prices & Overview

Lovington North median real estate price is $193,387, which is less expensive than 65.2% of New Mexico neighborhoods and 74.4% of all U.S. neighborhoods.

The average rental price in Lovington North is currently $1,412, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.2% of New Mexico neighborhoods.

Lovington North is a suburban neighborhood (based on population density) located in Lovington, New Mexico.

Lovington North real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Lovington North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.4% in Lovington North. NeighborhoodScout analysis shows that this rate is lower than 51.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Lovington North neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.2% of U.S. neighborhoods.

Diversity

Did you know that the Lovington North neighborhood has more Mexican and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.9% of this neighborhood's residents have Mexican ancestry and 1.5% have Swiss ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Lovington North neighborhood in Lovington are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.9% of the neighborhoods in America. With 12.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Lovington North neighborhood, 37.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 36.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.4%), and 6.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lovington North neighborhood is Spanish, spoken by 53.4% of households. Some people also speak English (46.3%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Lovington North neighborhood in Lovington, NM, residents most commonly identify their ethnicity or ancestry as Mexican (70.9%). There are also a number of people of Irish ancestry (3.2%), and residents who report British roots (2.2%), and some of the residents are also of German ancestry (2.0%), along with some English ancestry residents (1.8%), among others. In addition, 19.5% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Lovington North neighborhood spend under 15 minutes commuting one-way to work (45.6% of working residents), one of the shortest commutes across America.

Here most residents (70.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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