Grants, NM
Population 9,106 · New Mexico
About Grants, NM
Grants is a small community in New Mexico with a population of 9,106 residents. The median household income is $49,286 per year, which is below the national average. The median age in Grants is 33.8 years.
Housing in Grants has a median home value of $123,600 and median monthly rent of $750. Of the 3,445 total housing units, the majority are owner-occupied, with 1,650 owner-occupied and 1,296 renter-occupied units.
The unemployment rate in Grants is 3.7% and the poverty rate is 30.5%. 23.9% of residents hold a bachelor's degree or higher. The average commute time is 14.5 minutes.
How Grants Ranks in New Mexico
Cost of Living in Grants, NM
Compared to national averages, Grants has a median household income of $49,286 (34% below the national median of $75,149). Home values average $123,600, which is 50% below the national median. Monthly rent at $750 is 36% below the US average of $1,163. Within New Mexico, Grants's income is 27% below the state average of $67,435, and home values are 47% below the state median of $233,762.
Why Live in Grants, NM?
Grants offers affordable housing with a median home value of $123,600, below the US average of $244,900, and rent that’s lower than the national average at $750/month, and short commute times averaging just 14.5 minutes.
Potential considerations include median household income ($49,286) that falls below the national average. However, Grants’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grants has a population of 9,106 with a median age of 33.8 years. Compare Grants with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Grants
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bernalillo | 9,068 | $61,624 | $237,100 | Compare |
| Anthony | 8,701 | $33,141 | $110,800 | Compare |
| Silver City | 9,574 | $39,025 | $160,900 | Compare |
| Corrales | 8,557 | $114,207 | $549,700 | Compare |
| Socorro | 8,540 | $51,343 | $162,400 | Compare |
| Shiprock | 8,339 | $41,563 | $101,500 | Compare |
| Española | 10,472 | $47,664 | $205,100 | Compare |
| Ruidoso | 7,701 | $50,259 | $229,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Grants
What is the population of Grants, NM?
The population of Grants, NM is 9,106 according to the latest Census data.
What is the median household income in Grants?
The median household income in Grants, NM is $49,286 per year.
What is the median home value in Grants?
The median home value in Grants, NM is $123,600.
What is the average rent in Grants?
The median monthly rent in Grants, NM is $750.
What is the unemployment rate in Grants?
The unemployment rate in Grants, NM is 3.7%.