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Grants, New Mexico

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
8,951
Population
$47,183
Median Income
$136,500
Home Value
37.2
Median Age

Demographics

Grants has a population of 8,951 with a median age of 37.2. Here is the racial and ethnic breakdown of the population:

Hispanic
60.7%
White
51.4%
Black
1.0%
Demographic Value
Total Population8,951
Median Age37.2
White51.4%
Black or African American1.0%
Asian0.3%
Hispanic or Latino60.7%
Grants, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 113.Hispanic/Latino: 53.5%White: 45.3%Other: 1.1%8,951PopulationHispanic/LatinoHispanic/Latino53.5%WhiteWhite45.3%OtherOther1.1%

Income & Economy

The median household income in Grants is $47,183, which is 41.5% below the national median of $80,610. The per capita income is $26,010. The poverty rate is 34.1%.

$47,183
Median Household Income
$26,010
Per Capita Income
34.1%
Poverty Rate

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Education

In Grants, 80.3% of residents age 25+ have a high school diploma or higher, and 19.3% hold a bachelor's degree or higher (7.7% with a graduate or professional degree).

HS Diploma+
80.3%
Bachelor's+
19.3%
Graduate+
7.7%
Education Level % of Adults (25+)
High School Diploma or Higher80.3%
Bachelor's Degree or Higher19.3%
Graduate or Professional Degree7.7%

Housing

The median home value in Grants is $136,500, below the national median of $303,400. The median monthly rent is $783. The homeownership rate is 59.6%.

$136,500
Median Home Value
$783/mo
Median Rent
59.6%
Homeownership Rate
Housing Metric Value
Median Home Value$136,500
Median Monthly Rent$783
Homeownership Rate59.6%
Vacancy Rate15.5%

Salaries in New Mexico

Explore salary data for popular occupations in New Mexico:

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Other Cities in New Mexico

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Frequently Asked Questions

What is the population of Grants, New Mexico?
The population of Grants, New Mexico is 8,951 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Grants, New Mexico?
The median household income in Grants, New Mexico is $47,183. This is 41.5% below the national median of $80,610.
What is the median home value in Grants, New Mexico?
The median home value in Grants, New Mexico is $136,500. The median monthly rent is $783.
What percentage of people in Grants have a college degree?
In Grants, New Mexico, 19.3% of adults age 25 and older hold a bachelor's degree or higher, and 80.3% have a high school diploma or higher.
Is Grants, New Mexico an affordable place to live?
The home price-to-income ratio in Grants, New Mexico is 2.9x (median home value $136,500 vs. median income $47,183), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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