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
Compare with nearby places
Places of similar size in New Mexico.
- Lovington city 11,444
- Española city 10,472
- Silver City town 9,574
- Bernalillo town 9,068
- Anthony city 8,701
- Corrales village 8,557
- Socorro city 8,540
Keep going
More New Mexico coverage.