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ZipNumbers

New Mexico · Census place 30490

Grants city, NM

Quick answer

Grants city has 9,106 residents, ranking #25 of 527 places in New Mexico. Median household income is $49,286, the median home is worth $123,600 and median gross rent runs $750 a month.

Population
9,106Grants city residents
Median household income
$49,286Past 12 months, inflation adjusted
Median home value
$123,600Owner-occupied units
Median gross rent
$750Rent plus utilities, monthly
Median age
33.8 yrsAll residents
Homeownership rate
56%Owner-occupied households

What the numbers mean in Grants city

Housing cost measured against local earnings.

A household earning the Grants city median would spend about 18.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 30.5% of residents and 56% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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