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Loving

Learn about the people, housing, costs and businesses in Loving, New Mexico

Median Home$221,300
Median Rent$1,409/month
Population1,451
Leading IndustriesManufacturing · Agriculture & Mining · Construction3% manufacturing
Home Value Growth+9.3% over 2 years
Young Adults27% of residentsnear the national average
Homeowners78% of occupied units
Loving
NM

Frequently Asked Questions

What are today's mortgage rates in Loving?

As of today, the 30-year fixed mortgage rate for Loving is approximately 6.922% (6.959% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Loving?

The median home value in Loving is $221k. The median monthly rent is $1,409. Annual property taxes average $460. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Loving?

Home values in Loving have increased 9.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Loving?

Based on a typical all-in ownership cost of $545/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Loving is $63k/year.

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What industries drive the economy in Loving?

The largest employment sectors in Loving are public administration (22%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.