Loving Village, New Mexico
Population 1,544

Overview

Housing
Median Home Value
$70,800
Half are $37,700 - $103,300
Median Monthly Owner Costs
$691
With a Mortgage
Median Monthly Rent
$723
Includes Utilities
Median Year Housing Built
1966
Employment & Commute
Median Household Income
$33,000
Poverty Rate
26%
Unemployment Rate
14.5%
Education
Percent with a High School Diploma
70%
Ages 25+
Percent with a College Degree
14%
Ages 25+
Percent with a Post Grad Degree
2%
Ages 25+
Percent in Public School
100%
Ages 5-17 Enrolled in School
Demographics
Children
24%
Under 18
Young Adult Singles
21%
Ages 18-39
Middle Aged and Married
24%
Ages 40-64

The city of Loving is a rural city located in southeast New Mexico. It is one of 4 cities in Eddy County.

Loving, NM is a Place (Village):
Often referred to as cities, places can be categorized as Census Designated Places (CDP) or legal entities. The places that are legal entities provide governmental functions. CDPs have no governmental authority and exist only for statistical purposes. They are similar to legal entities in that they are a concentrated population identifiable by a name. Neither cross state lines, but may extend across county lines. A CDP may not extend into a legal entity.
Need a wider view? Loving, NM is a part of the Carlsbad, NM Micro Area.

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Housing

1966

Median Year Housing was BuiltAll Housing Including Owner/Renter Occupied and Unoccupied

Year Housing was BuiltAll Housing Including Owner/Renter Occupied and Unoccupied

13.2%

Estimated Abandoned Homes

This estimate includes vacant housing that is not for rent, rented, for sale, sold, for seasonal/recreational/occasional use, or for migrant workers.

79.3%

Home Ownership PercentageOccupied Housing Units

11

Price to Rent RatioOccupied Housing Units

The price to rent ratio compares home values to rental costs. Values over 20 indicate that it is likely more affordable to rent. Values under 15 indicate that it is likely more affordable to buy. Values between 15 and 20 indicate that extra judgment must be taken when making housing decisions. It is calculated as the median home value divided by the median annual contract rent (ie. rent without additional utilities).

$70,800

Median Owner Occupied Home Value

$691

Median Monthly Ownership CostsOwner Occupied Housing Units with a Mortgage

Monthly housing costs include mortgage payments, real estate taxes, insurance, utilities, and condo fees. When comparing to monthly rental costs, be careful to also look at the median number of bedrooms. Owner occupied homes generally include more bedrooms than rentals.

2.1

Housing Affordability (Median Multiple)

The median multiple is the ratio of median house price by the median annual household income. In other words, how many years would it take for the median income to pay off the median home price? Higher values indicate that the incomes in the area are not high enough to warrant the higher home prices. Anything under 3 is considered affordable while higher values indicate that housing is not affordable.

$723

Median Monthly Rent and Utility CostsRenter Occupied Housing Units with Housing Costs

Monthly housing costs include rent and utilities. When comparing to monthly ownership costs, be careful to also look at the median number of bedrooms. Owner occupied homes generally include more bedrooms than rentals.

Employment

$32,969

Median Household Income

Household Income

47.1

Household Income Inequality

Income inequality is measured using the Gini coefficient. Lower values indicate that household income is spread evenly across the income groups. Higher values indicate that one income group is much more common than others.

26%

Poverty Rate

Poverty status uses the standards set by the Office of Management and Budget (OMB). If a family's total income is less than a certain threshold, every person in the family is considered to be in poverty. The threshold varies based on family size, composition, and age.

$25,000

Median Annual Individual EarningsPast 12 months for the Population Ages 16+ With Earnings

Annual Individual EarningsPopulation Ages 16+ with Earnings

52%

Unadjusted Gender Pay GapPopulation Ages 16+ with Earnings

The unadjusted gender pay gap is the median indvidiual female earnings as a percentage of male earnings. In other words, women who work in Loving, NM generally make around 5174% of what men do. Much of that difference is likely due to the number of hours worked (see the Full Time vs Part Time Work chart), occupations chosen (see the Employed by Occupation chart), education, and job experience. Adjusting for each of those factors to see what women with similar qualifications and jobs make compared to men is difficult, but the adjusted pay gap would be more likely to show the difference due to discrimination, difference in ability, or willingness to negotiate pay. For these reasons, differences in the gender pay shown here may be more likely to show the gender ideals in an area than the discriminatory practices. It is also worth noting that the 27% of men and 47% of women ages 16+ that did not have earnings were not included in the calculation.

14.5%

Unemployment RatePopulation Ages 16+ in the Civilian Labor Force

To classify as unemployed, people must not be in the military and must be actively looking for work (also known as the U3 measure of unemployment which is the official unemployment rate). In Loving, NM, 38% of the population ages 16+ are not employed, but are also not looking for work so they are not considered in the unemployment rate. See the Labor Force Participation Rate for more information.

62%

Labor Force Participation RatePopulation Ages 16+

People in the labor force include those in the armed forces as well as civilians who are employed or classified as unemployed. To classify as unemployed, people must be actively looking for work. Common people that are not considered in the labor force are students, homemakers, retired workers, seasonal workers not currently looking for work, and institutionalized people. In Loving, NM, 38% of people are neither employed or looking for work.

Full Time vs Part Time WorkPopulation Ages 16-64 Who Worked in the Last 12 Months

Full-time employment is typically considered 35-40 hours per week. With the exception of health care coverage, federal law does not regulate the definition of full time employment for compensation and benefits purposes. The Affordable Care Act (ACA/Obamacare) mandates that all employees working an average of 30 or more hours per week at a large employer must be eligible for health care coverage.

Total

35+ Hours per Week
89.0%
15-34 Hours per Week
10.6%
1-14 Hours per Week
0.4%

Male

35+ Hours per Week
94%
15-34 Hours per Week
6%
1-14 Hours per Week
0%

Female

35+ Hours per Week
83%
15-34 Hours per Week
16%
1-14 Hours per Week
1%

Means Of Transportation To WorkWorkers Ages 16+

Car, truck, etc.
91%
Public transportation
1%
Taxi
0%
Bicycle, Walked, or Other Means
5%
Worked at Home
3%

Travel Time to WorkIn Minutes for Workers Ages 16+ Who Did Not Work at Home

Education

Educational AttainmentPopulation Ages 25+

Less than High School Diploma
30%
High School Graduate
56%
Associate's degree
10%
Bachelor's degree
2%
Master's degree
2%
Professional school degree
0%
Doctorate degree
0%
70%

Percent with a High School DiplomaPopulation Ages 25+

High school diplomas include equivalencies, but do not include those who reported completing grade 12 without a diploma.

14%

Percent with a College DegreePopulation Ages 25+

College degrees include those with an Associate's, Bachelor's, Master's, Professional school, or Doctorate degree.

2%

Percent with a Post Graduate DegreePopulation Ages 25+

Post graduate degrees include those with a Master's, Professional school, or Doctorate degree.

School EnrollmentPopulation Ages 5-17

Not being enrolled in school does not necessarily mean that the student dropped out. Only schools that lead to a high school diploma or college degree are included. Home schoolers were instructed to select private school. Ages 3-4 are not included because preschool programs are not usually mandated by law and only 37% of children in this age range were enrolled in Loving, NM.

Enrolled in Public School
100%
Enrolled in Private School
0%
Not Enrolled in School
0%
100%

Percent Enrolled in Public SchoolPopulation Ages 5-17 Enrolled in School

Demographics

1,544

Total Population

Life Stages

Children Under 10
13%
Children 10-17
11%
Young Adult Singles
21%
Middle Aged and Married
24%
Seniors
13%
Other
18%
21%

Young Adult Singles (Ages 18-39)

24%

Middle Aged and Married (Ages 40-64)

Marital Status of MalesPopulation Ages 15+

Marital Status of FemalesPopulation Ages 15+

Household Composition

Single female/male families do not necessarily denote single parent households. Single householders living with siblings, their aging parents, or any other relatives would be included.

Married Couples
49%
Single Female Families
20%
Single Male Families
6%
Householder Living Alone
23%
Householder Living with Non-Relative
2%

Race and Ethnicity

The Office of Management Budget (OMB) and Census Bureau consider race and ethnicity as two distinct concepts. A person's race and whether they are of Hispanic origing are self reported to the Census Bureau according to which group they most closely identify. In 1997, the OMB revised the racial classification to include categories for two or more races. Because of criticism for treating these as separate questions and because many residents consider race and ethnicity to be the same, the Race and Ethnicity chart below shows those that consider themselves to be Non-Hispanic for each race with those that consider themselves Hispanic as a separate group.

Race

White
89.7%
Black
0.0%
American Indian or Alaskan
0.4%
Asian
0.0%
Pacific Islander
0.0%
Other
7.3%
Two Plus Races
2.7%

Hispanic and Latino Races

White
89.7%
Black
0.0%
American Indian and Alaskan
0.3%
Asian
0.0%
Pacific Islander
0.0%
Other
8.8%
Two Plus Races
1.2%

Race and Ethnicity

White
15.4%
Black
0.0%
American Indian or Alaskan
0.4%
Asian
0.0%
Pacific Islander
0.0%
Other
0.0%
Two Plus Races
1.7%
Hispanic
82.6%

Hispanic and Latino Origins

Mexican
97%
Puerto Rican
0%
Cuban
0%
Dominican
0%
Central American
0%
South American
0%
Other
3%
29

Racial and Ethnic Diversity

The racial and ethnic diversity index measures the probability that any two people chose at random from Loving, NM are of different races or ethnicities where higher numbers represent more diversity. It was developed by the University of North Carolina and USA Today in 1991 and adapted in 2000 to account for differences in Census questions. It uses the same calculation methods as the Gini Index used by the Census Bureau to determine household income inequality.

Climate

The climate estimates use Loving, NM weather from 1971 to 2000 at the nearest official weather station which is located at CARLSBAD AP.

Average Daily Temperatures by Month (°F)

Average Monthly Precipitation (Inches)

Summer High Temps

This weather station's average summer high temps are higher than 92% of other weather stations.

Winter Low Temps

This weather station's average winter low temps are higher than 73% of other weather stations.

Precipitation Levels

This weather station's average precipitation levels are lower than 87% of other weather stations.

Entity Info

PropertySourceValue
State2013 ACSNM
Summary Level2013 ACS160 (place)
Logical Record Number2010 Census0176652
Logical Record Number2013 ACS0003439
Region2013 ACS4
Division2013 ACS8
State FIPS2013 ACS35
Place FIPS2013 ACS44420
Metro Micro Politan Statistical Area Principal City Indicator2010 CensusN
New England City & Town Area Principal City Indicator2010 CensusN
Name2010 CensusLoving village
Name2013 ACSLoving village, New Mexico
Functional Status Code2010 CensusA
Legal Statistical Area Description Code2013 ACS47
State ANSI2010 Census00897535
Place ANSI2010 Census02413569
Full GEOID2013 ACS16000US3544420
GEOID2013 ACS3544420
Population2010 Census1,413
Population2013 ACS1,544
Housing Units2010 Census541
Housing Units2013 ACS584
Land Area2013 ACS1.2 square miles
Water Area2013 ACS0.0 square miles
Population Density2013 ACS1,318.5 people per sq. mile
Minimum Bounding Rectangle Or Bounding Box2013 ACS[32.277803,-104.109691], [32.294556,-104.087944],
Centroid Or Center Coordinates2013 ACS32.286661060054, -104.09701247088
FIPS Place Class Code2010 CensusC1
Place Size Code2010 Census09