Zip Code

87020

City

Grants, NM

Population & Migration

What is the forecasted population for Zip code 87020 Grants, NM?

Population census 2020
11,058
Forecasted population 2025
11,635
5.2% vs. 2020
Forecasted population 2030
11,365
2.8% vs. 2020

Zip code 87020 Grants, NM population is forecasted to grow 5.2% by 2025 (0.5 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 11,635 people for 2025 zip code 87020 Grants, NM will generate a good demand for housing, which is expected to have a deficit of 127 houses for 2030. Vacancy rate is 5.1 points above national US average.

Total homes available 2020
4,582
Estimated total home demand in 2030
4,709
Total homes balance inventory
127

Average Household Income in zip code 87020 Grants, NM
from Internal Revenue Service

Average household income in 2021
$58,161

Affordability

Affordability Index
1

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 87020 Grants, NM?

County total number of drinking water violations

332

+36%

244

County total number of drinking water contaminations

11

-54%

24

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