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Grants city, NM
ZIP 87020 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Grants city, NM (87020)
Median Income
$67,511
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+375
Wealth inflow
Population
11,874
Unemployment
3.1%
0.6pp below US avg
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.
Historical Trends in 87020 (2020–Present)
Since 2020, population grew 7.4%, median income rose 28.2% (inflation-adjusted), home values increased 16.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $67,511 |
| Unemployment | 3.1% |
| Establishments | 204 |
| Employees | 3,145 |