Oil Center, NM
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Oil Center, NM: Quick Facts & Overview
- Population: 3,255 residents (8 people per sq. mi.)
- Average House Price: $128,829
- Average Household Income: $51,417
Oil Center, NM is located in the state of New Mexico. It is home to about 3,255 people, with around 8 residents living in every square mile.
If you want to buy a house in Oil Center, the average price is around $128,829. That makes local housing 44% lower than the New Mexico average of $230,737, and 58% lower than the national average of $308,592.
The average household in Oil Center earns about $51,417 a year. This income is 14% lower than the average family in New Mexico ($59,665), and 35% lower than the national average ($78,686).
Population
3,255
Median Household Income
$51,417
Median Home Value
$128,829
Median Age
33.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $29,547 |
| Labor Force Participation | 66.7% |
| Unemployment Rate | 6.9% |
| Average Commute Time | 22.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 73.7% |
| Median Rent | $721 |
| Rent Burdened (>30% Income) | 21.1% |
| Total Housing Units | 1,199 |
Additional Census & Housing Profile
Geographic Overview
| County | Lea |
| County FIPS | 35025 |
| Metro Area (CBSA) | Hobbs, NM |
| Population Density | 8.1/sq mi |
| Coordinates (lat/lng) | 32.4993, -103.2613 |
| Timezone | America/Denver |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.56 |
| Dual Income Families | 47.7% |
Marital Status
| Married | 50.3% |
| Never Married | 31.3% |
| Divorced | 11.1% |
| Widowed | 7.3% |
Gender
| Male | 55.2% |
| Female | 44.8% |
Health & Poverty
| Uninsured Rate (Health) | 11.5% |
| Poverty Rate | 11.9% |
Key Population Groups
| Veterans | 6.2% |
| Disabled Population | 19.9% |
| Limited English Proficiency | 16.8% |
All ZIP Codes in Oil Center
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 88231 | 3,255 | $51,417 | $128,829 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Eunice, NM | 5.2 miles | 3,015 |
| Monument, NM | 8.7 miles | 432 |
| Nadine, NM | 12.4 miles | 271 |
| Hobbs, NM | 16.9 miles | 40,252 |
| North Hobbs, NM | 20.5 miles | 6,034 |
| Jal, NM | 26.9 miles | 2,364 |
| Lovington, NM | 28.8 miles | 11,498 |
| Seminole, TX | 38.7 miles | 7,184 |
| Denver City, TX | 40.9 miles | 4,368 |
| Andrews, TX | 43.2 miles | 13,468 |
| McKinney Acres, TX | 44.9 miles | 562 |
| Kermit, TX | 45.7 miles | 5,689 |
| Seagraves, TX | 50.7 miles | 2,691 |
| Malaga, NM | 50.9 miles | 309 |
| Loving, NM | 51 miles | 1,357 |