ZIP Code 87020 — Grants city, NM Demographics & Data

ZIP code 87020 covers Grants, NM in Cibola County with a population of about 11,874.

At a glance, the area shows median age of 37.5 (near the U.S. median).

It sits in telephone area code 505; U.S. House district NM-2; the ALBUQUERQUE - SANTA FE media market.

Median household income in ZIP 87020 is about $67,511 — about 10% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 25.4%; unemployment rate near 3.1%; 23.1% of adults with a bachelor’s degree or higher (about 10.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Public administration, and Education; about 9.9% of workers reporting work-from-home (about 5.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $154,900 — about 55% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $573 (about 51% below the U.S. median rent ($1,163)), and owner-occupancy near 63.9% (about 1.5 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87020 in Grants, NM, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $995. That sits below the local median household income ($67,511), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Grants city, NM as Relatively Low (composite score 58.4), which is near the middle of the national distribution. The strongest component scores on US5 are wildfire (83.1) and flood (73.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Grants city, NM show little to no average snow.

IRS migration statistics show a net inflow of about 375 for ZIP 87020 (Grants city, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.