Lovington, NM 88260

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1860 3410 $11,168 $2,060
(2.69% of returns)
$2,016
(3.23% of returns)
$5,233
$25,000 to $50,000 1370 3410 $27,821 $2,325
(2.92% of returns)
$6,261
(9.49% of returns)
$5,175
$50,000 to $75,000 1050 3170 $39,209 $4,540
(4.76% of returns)
$13,200
(8.57% of returns)
$5,000
$75,000 to $100,000 620 1950 $48,738 $3,760
(8.06% of returns)
$20,857
(11.29% of returns)
$5,257
$100,000 to $200,000 640 2040 $69,556 $3,420
(15.62% of returns)
$20,866
(14.06% of returns)
$7,246
Over $200,000 140 380 $252,600 $15,383
(42.86% of returns)
$24,433
(21.43% of returns)
$7,550
For Zip 5680 14360 $41,942

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Income Tax Rates

Rate Minimum Income Maximum Income
0.017 0 5500
0.032 5500 11000
0.047 11000 16000
0.049 16000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0068 37

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.05125 0.0269 0.0782 15