Is Grants, New Mexico a Good Place To Live? - Living In Grants, NM
Is Grants, New Mexico a good place to live?
Grants is a city in New Mexico state in USA with a population of 8987 residents..
The poverty rate of Grants is 28.3%, which is 102% higher than national average.
The typical household in Grants earns $44122 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 55.1% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Grants, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Grants remained 6.7%, which is 43% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Grants, only 21% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Grants is 82, which is 18% lower than national average. Median home value in Grants is $103600 , which is 55% lower than national average. While median income in Grants remained $44122, which is 35% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Grants, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Grants remained 6.7%, which is 43% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Grants, only 21% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Grants is 82, which is 18% lower than national average. Median home value in Grants is $103600 , which is 55% lower than national average. While median income in Grants remained $44122, which is 35% lower than national average.
Population
8987
Unemployment
6.7%
Poverty
28.3%
Overall Score
5
Median Home Cost
$103600
55%
NAT AVG.
Median Income
$44122
35%
NAT AVG.
Median Rent
$710
39%
NAT AVG.
Cost Of Living
82
18%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 15
People Earning < $10,000
1 in 10
People Earning < $50,000
55.1%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3.4
Pros & Cons Overview
Jobs50%
Housing50%
Affordability80%
Safety70%
Amenities70%
Diversity95%
Education50%
Commute100%
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