ZIP 88240 vs ZIP 88260

Source:

Hobbs, NM — Lovington, NM

This side-by-side compares ZIP 88240 (Hobbs, NM) and ZIP 88260 (Lovington, NM) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 88240 has a population of 37,149 at 23 people per square mile, while ZIP 88260 has 14,343 at 7 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 88240 reports a median household income of $63,270 against $75,476 in ZIP 88260, with per-capita income of $31,306 vs $27,130. The share of adults holding a bachelor's degree or higher is 16.2% in 88240 and 13.4% in 88260. Poverty rate reads 19.4% vs 21.7%, and unemployment 6.8% vs 5.8% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $186,900 in 88240 versus $175,400 in 88260, with median rent of $1,100 and $1,024 per month respectively. Homeownership rate is 67.1% vs 76.3%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
88240
Hobbs, NM
88260
Lovington, NM
Population 37,149 14,343
Median Household Income $63,270 $75,476
Per Capita Income $31,306 $27,130
Median Age 31.2 33.6
Bachelor's Degree or Higher 16.2% 13.4%
Poverty Rate 19.4% 21.7%
Unemployment Rate 6.8% 5.8%
Median Home Value $186,900 $175,400
Median Rent (monthly) $1,100 $1,024
Homeownership Rate 67.1% 76.3%
Population Density (per sq mi) 23 7

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
88240
Hobbs, NM
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Full Profile
88260
Lovington, NM
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What are common questions about this comparison?

How do ZIP codes 88240 and 88260 compare?
ZIP 88240 (Hobbs, NM) has a population of 37,149 and a median household income of $63,270. ZIP 88260 (Lovington, NM) has a population of 14,343 and a median household income of $75,476.
Which ZIP code has higher income, 88240 or 88260?
ZIP 88260 (Lovington, NM) has a higher median household income of $75,476 compared to $63,270 for ZIP 88240.
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All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.