Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.5 yrs |
|---|---|
| Avg HH Size | 2.72 |
| Below Poverty | 22.8% ▲ 128% above avg |
| College Grads | 32.9% ▼ 15% below avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 118 (1.6%) |
| HS Graduate | 1,850 (25.1%) |
| Some College | 1,517 (20.6%) |
| Associates | 1,460 (19.8%) |
| Bachelors | 572 (7.8%) |
| Graduate Degree | 1,851 (25.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,511 ▼ 12% below avg |
|---|---|
| Median Home Value | $154,900 ▼ 44% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $741/mo |
| Total Housing Units | 4,593 |
| Vacant Units | 700 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Grants is a city in New Mexico, located in Cibola County. The city spans 1 ZIP code and is home to approximately 11,874 residents. It is a relatively young city, with a median age of 37.5 years.
Economically, Grants is a solidly middle-class community. The median household income of $67,511 is near the national average. Approximately 22.8% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Grants is an affordable housing market. Median home values stand at $154,900, which is below the national average. Renters typically pay around $741 per month. Homeownership is high at 63.9%, typical of suburban and family-oriented communities.
The population of Grants is moderately educated. 32.9% of adults hold a bachelor's degree or higher — below the national average. The community is majority Hispanic (53.05%).
Grants, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87020 | 11,874 | $67,511 | $154,900 | $741 | 3.1% | 32.9% | 63.9% |