USA.com / New Mexico / Grants Area / Housing

Grants Micro Area Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationOthers

As of 2010-2014, median price of a house in Grants Area is $86,700, which is much lower than the state average of $159,300 and is much lower than the national average of $175,700. The median year that a house in Grants Area was built is 1976, which is older than the median year for a house built in the state which is 1981 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 6,245 Owner Occupied Houses in Grants Area, #764

Grants Area	86,700 USD
New Mexico	159,300 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Grants Area	20.75%
New Mexico	47.36%
U.S.	46.91%

*The Grants Area median house price growth rate is since 2005-2009. The New Mexico and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Grants Area	New Mexico	U.S.
Total Housing Units	11,100, see rank, 100%	907,233	132,741,033
Occupied Housing Units	8,354, 75.26%, see rank	84.29%	87.55%
Owner Occupied	6,245, 56.26%, see rank	57.46%	56.34%
Renter Occupied	2,109, 19.00%, see rank	26.83%	31.21%
Vacant Housing Units	2,746, 24.74%, see rank	15.71%	12.45%
For Rent	156, 1.41%, see rank	2.38%	2.34%
For Sale Only	108, 0.97%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	560, 5.05%, see rank	0.84%	0.92%
For Seasonal, Recreational, or Occasional Use	778, 7.01%, see rank	5.69%	3.97%
For Migrant Workers	29, 0.26%, see rank	0.11%	0.03%
Other Vacant	1,115, 10.05%, see rank	5.34%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #413

Grants Area	New Mexico	U.S.
1976	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Grants Area	%	New Mexico	U.S.
Owner-Occupied Units	6,245	100%	521,278	74,787,460
With a Mortgage	2,212	35.42%, see rank	58.53%	65.58%
Without a Mortgage	4,033	64.58%, see rank	41.47%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Grants Area	958 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Grants Area	%	New Mexico	U.S.
$299 or Less	10	0.45%, see rank	0.22%	0.20%
$300 to $499	125	5.65%, see rank	2.56%	1.59%
$500 to $699	331	14.96%, see rank	8.36%	5.01%
$700 to $999	786	35.53%, see rank	20.68%	14.32%
$1,000 to $1,499	599	27.08%, see rank	34.20%	27.90%
$1,500 to $1,999	245	11.08%, see rank	18.89%	20.35%
$2,000 to $2,999	116	5.24%, see rank	11.36%	19.52%
$3,000 or More	0	0.00%, see rank	3.72%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Grants Area	21.60% of the Total Income
New Mexico	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Grants Area	%	New Mexico	U.S.
10% or Less	211	9.54%, see rank	7.26%	5.86%
10% to 20%	803	36.30%, see rank	32.85%	31.95%
20% to 30%	574	25.95%, see rank	25.70%	27.64%
30% to 40%	229	10.35%, see rank	12.87%	13.74%
40% or More	395	17.86%, see rank	20.48%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Grants Area	252 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Grants Area	%	New Mexico	U.S.
$199 or Less	1,368	33.92%, see rank	19.60%	7.76%
$200 to $299	1,195	29.63%, see rank	24.69%	14.70%
$300 to $499	1,133	28.09%, see rank	37.15%	34.63%
$500 to $699	206	5.11%, see rank	12.63%	21.16%
$700 or More	131	3.25%, see rank	5.93%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Grants Area	10.00% of the Total Income
New Mexico	10.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Grants Area	%	New Mexico	U.S.
10% or Less	2,189	54.28%, see rank	49.80%	40.19%
10% to 20%	1,096	27.18%, see rank	27.25%	31.47%
20% to 30%	265	6.57%, see rank	9.72%	12.24%
30% to 40%	115	2.85%, see rank	4.52%	5.64%
40% or More	303	7.51%, see rank	6.81%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Grants Area	New Mexico	U.S.
Total Housing Units	11,100, 100%	907,233	132,741,033
1-unit, Detached	6,998, 63.05%, see rank	64.81%	61.65%
1-unit, Attached	371, 3.34%, see rank	3.71%	5.82%
2 Units	150, 1.35%, see rank	1.92%	3.75%
3 or 4 Units	360, 3.24%, see rank	3.65%	4.43%
5 to 9 Units	187, 1.68%, see rank	2.72%	4.78%
10 or More Units	221, 1.99%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	2,813, 25.34%, see rank	16.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Grants Area	New Mexico	U.S.
Total Housing Units	11,100, 100%	907,233	132,741,033
1 Room	408, 3.68%, see rank	2.62%	1.95%
2 Rooms	347, 3.13%, see rank	2.34%	2.48%
3 Rooms	870, 7.84%, see rank	7.65%	9.13%
4 Rooms	2,086, 18.79%, see rank	17.57%	16.60%
5 Rooms	3,452, 31.10%, see rank	24.59%	20.41%
6 Rooms	1,818, 16.38%, see rank	20.08%	18.06%
7 Rooms	944, 8.50%, see rank	12.20%	12.27%
8 Rooms	638, 5.75%, see rank	6.66%	8.48%
9 Rooms or More	537, 4.84%, see rank	6.29%	10.60%
Median Rooms	5.00, see rank	5.30	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Grants Area	New Mexico	U.S.
Total Housing Units	11,100, 100%	907,233	132,741,033
No Bedroom	462, 4.16%, see rank	2.87%	2.17%
1 Bedroom	1,024, 9.23%, see rank	9.24%	11.16%
2 Bedrooms	2,969, 26.75%, see rank	25.66%	26.69%
3 Bedrooms	4,963, 44.71%, see rank	46.23%	39.70%
4 Bedrooms	1,499, 13.50%, see rank	13.82%	16.05%
5 or More Bedrooms	183, 1.65%, see rank	2.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Grants Area	New Mexico	U.S.
Total Housing Units	8,354, 100%	764,684	116,211,092
Utility Gas	4,103, 49.11%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	1,320, 15.80%, see rank	8.60%	4.86%
Electricity	835, 10.00%, see rank	16.11%	36.68%
Fuel Oil, Kerosene, etc.	25, 0.30%, see rank	0.13%	5.86%
Coal or Coke	5, 0.06%, see rank	0.04%	0.12%
Wood	1,815, 21.73%, see rank	6.80%	2.12%
Solar Energy	0, 0.00%, see rank	0.26%	0.05%
Other Fuel	203, 2.43%, see rank	0.94%	0.47%
No Fuel Used	48, 0.57%, see rank	0.19%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Grants Area	New Mexico	U.S.
Occupied Units Paying Rent	1,890, 100%	224,786	39,201,928
$199 or Less	190, 10.05%, see rank	1.92%	1.50%
$200 to $299	170, 8.99%, see rank	3.59%	3.18%
$300 to $499	393, 20.79%, see rank	11.64%	7.37%
$500 to $699	455, 24.07%, see rank	23.80%	16.01%
$700 to $999	472, 24.97%, see rank	31.60%	29.17%
$1,000 to $1,499	192, 10.16%, see rank	21.59%	26.88%
$1,500 to $1,999	8, 0.42%, see rank	4.42%	9.79%
$2,000 or More	10, 0.53%, see rank	1.44%	6.10%
Median	$587, see rank	$774	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Grants Area	New Mexico	U.S.
Occupied Housing Units	8,354, 100%	764,684	116,211,092
No Vehicles Available	585, 7.00%, see rank	5.73%	9.12%
1 Vehicles Available	2,876, 34.43%, see rank	33.48%	33.80%
2 Vehicles Available	2,613, 31.28%, see rank	37.82%	37.48%
3 or More Vehicles Available	2,280, 27.29%, see rank	22.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.