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Grant County, New Mexico: commercial real estate data.

Grant County, New Mexico had an estimated 27,541 residents on July 1, 2024, down 2.3 percent since the 2020 census base of 28,198, across 3,962 square miles. County output reached $1.41 bn in 2024, 533 establishments operate here, and the SBA record carries 9 7(a) approvals worth $817,000 since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Grant County

How many people live in Grant County

  • Population, American Community Survey 2020-202427,775
  • Households11,295
  • Average household size2.46
  • Median household income$44,958
  • Median age49.5
  • Median gross rent$825 per month
  • Median owner-occupied home value$175,600
  • Home value to household income3.9 times
  • Annual rent as a share of median income22.0 percent
  • Adults 25 and over with a bachelor degree or higher30.7 percent
  • Adults 25 and over with a graduate degree14.1 percent
  • Adults 25 and over20,577
  • Population under 184,974
  • Share under 1817.9 percent
  • Population 65 and over8,419
  • Share 65 and over30.3 percent
  • Working age population, 18 to 6414,382
  • Civilian labor force10,586
  • Unemployment rate8.4 percent
  • Labor force participation, adults 18 and over46.4 percent
  • Rank by population among New Mexico counties15th of 33
  • Rank by population among US county-equivalents, Puerto Rico included1553rd of 3,222

Grant County is the 15th largest of 33 New Mexico counties by population. A median home costs 3.9 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 30.3 percent against 17.9 percent, which points demand at health care, services and single story product rather than schools.

US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Grant County

Is Grant County's population growing?

  • Population, July 1, 202427,541
  • Census 2020 base population28,198
  • Population change since the 2020 census base-2.33 percent
  • Population change, 2023 to 202429
  • Births, 2024227
  • Deaths, 2024452
  • Natural change, 2024-225
  • Net domestic migration, 2024159
  • Net international migration, 202496
  • Total net migration, 2024255
  • Cumulative net domestic migration, 2021 to 2024-44
  • Rank by growth among US county-equivalents2574th of 3,144

The county has lost 2.33 percent of its population since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.

US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

Grant County

Where are people moving to Grant County from?

  • Tax returns filed by households arriving642
  • People arriving, from those returns1,048
  • Tax returns filed by households leaving572
  • Net household movement70
  • Adjusted gross income arriving$32.1 m
  • Net adjusted gross income movement$-1.1 m
  • Average income of an arriving household$50,065
  • Average income of a leaving household$58,189
  • Largest single originDoña Ana County (58 households)
  • Largest single destinationDoña Ana County (86 households)
Largest origins of households moving into Grant County
OriginHouseholdsPeopleAdjusted gross income
Doña Ana County5897$1.8 m
Maricopa County3965$1.9 m
Pima County3657$1.7 m
Bernalillo County3349$1.2 m
El Paso County2029$699,000

Households arriving report $8,124 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Doña Ana County, which is the catchment a retail or multifamily study should look at first.

US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Grant County

What is the Grant County economy?

  • County GDP, 2024$1.41 bn
  • County GDP, 2023$1.53 bn
  • GDP change, 2023 to 2024-7.8 percent
  • GDP change over five years32.3 percent
  • Rank by GDP among the New Mexico areas BEA publishes15th of 33
  • Rank by GDP among the US county areas BEA publishes1568th of 3,127
  • GDP per resident$50,654

Output grew -7.8 percent in the latest year and 32.3 percent over five, which is the trend line a lender will read behind any single year figure.

US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.

Grant County

Employment by industry in Grant County

  • Covered employment, annual average9,440
  • Establishments reporting743
  • Average annual pay$54,413
  • Average weekly wage$1,046
  • Retail trade, employment1,047
  • Retail trade, average annual pay$30,708
  • Administrative and support and waste management services, employment918
  • Administrative and support and waste management services, average annual pay$63,752
  • Health care and social assistance, employment905
  • Health care and social assistance, average annual pay$45,008
  • Construction, employment410
  • Construction, average annual pay$51,342
  • Other services, except public administration, employment258
  • Professional, scientific and technical services, employment154
Private sector employment and pay by industry, Grant County
SectorEmploymentEstablishmentsAverage annual pay
Retail trade1,04782$30,708
Administrative and support and waste management services91828$63,752
Health care and social assistance905126$45,008
Construction41061$51,342
Other services, except public administration25853$40,953
Professional, scientific and technical services15456$46,896
Finance and insurance14840$54,280
Information10517$62,952

Retail trade is the largest private sector at 1,047 jobs, 11.1 percent of covered employment.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Grant County

How many businesses are in Grant County?

  • Establishments, all industries533
  • Employment at those establishments5,976
  • Annual payroll$285.5 m
  • Establishments per 1,000 residents19.2

These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.

US Census Bureau, County Business Patterns, 2023.

Grant County

SBA loans in Grant County (7(a) and 504)

  • 7(a) approvals recorded9
  • 7(a) gross approval dollars$817,000
  • Average 7(a) approval$90,778
  • Median 7(a) approval$25,000
  • Largest single approval$500,000
  • Jobs reported supported, 7(a)29
  • Jobs per approval3.2
  • Distinct 7(a) lenders active6
  • Distinct industries receiving approvals7
  • Median 7(a) term120 months
  • Share of loans on real estate terms, 240 months or longer0.0 percent
  • Loans on real estate terms0
  • Loans on working capital terms, 120 months or shorter9
  • Franchise loans0
  • Franchise share of approvals0.0 percent
  • Leading industry by approval countFlooring Contractors (3)
  • Most active lenderFirst American Bank (3)
  • 504 approvals recorded12
  • 504 gross approval dollars$6.5 m
  • Average 504 approval$539,500
  • Median 504 approval$388,000
  • Distinct CDCs active2
  • 504 jobs per approval4.9
  • 504 jobs per million dollars approved9.1
  • Most active CDCEnchantment Land Certified Development Company (8)
  • Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$7.3 m

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Grant County

SBA loan default and charge-off rates in Grant County

Do SBA loans in Grant County get paid back?

  • Loans with a final outcome recorded1
  • Paid in full1
  • Charged off0
  • Status: Exempt from disclosure6
  • Status: Cancelled2
  • Status: Paid in full1

Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Grant County

SBA lending by place in Grant County

  • Borrower cities with recorded lending2
  • Silver City, approvals8
  • Arenas Valley, approvals1
SBA 7(a) approvals by borrower city, loans with a project in Grant County, FY2020 to FY2026
Borrower cityApprovalsGross approval dollars
Silver City8$792,000
Arenas Valley1$25,000

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Grant County

How large is Grant County?

  • Land area3,962 sq mi
  • Rank by land area among New Mexico counties14th of 33
  • Width, east to west83.7 mi
  • Height, north to south92.9 mi
  • Geographies sharing a boundary5
  • Residents per square mile of land7
  • Establishments per square mile0.13

US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.

Grant County

Flood risk in Grant County

  • Participation of the county's own NFIP community Grant County, unincorporated areasParticipating, community 350121
  • Communities in the county in the NFIP Community Status Book5
  • Of those, participating in the NFIP4
  • NFIP participation rate80.0 percent
  • Communities carrying a CRS class0
  • Radon levels in Grant County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2

The county's own community in the status book, unincorporated Grant County (community 350121), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Grant County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 80.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.

Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.

Coverage

What this page does not hold.

Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →

Feasibility studies

When a Grant County site needs a document a lender will accept.

The same data layer behind this page is the one the studies are written from. A study for a Grant County site starts with the figures you are reading, carrying the same source and period into the credit file.

  • Population, American Community Survey 2020-202427,775
  • Households11,295
  • Average household size2.46
  • Median household income$44,958
  • Median age49.5

How a feasibility study works →

Common questions

Grant County questions, answered from the record.

How many people live in Grant County, New Mexico?

The Census Bureau estimates 27,541 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 27,775, in 11,295 households, ranking 15th of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Grant County's population growing?

The population has fallen 2.33 percent since the 2020 census base of 28,198, to 27,541 on July 1, 2024. In 2024 there were 227 births against 452 deaths, with net migration of 255. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Grant County?

$44,958. The median owner-occupied home is valued at $175,600, which is 3.9 times income, and median gross rent is $825 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are in Grant County?

533 establishments, employing 5,976 people with an annual payroll of $285.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.

What is employment by industry in Grant County?

Retail trade is the largest private sector at 1,047 jobs, 11.1 percent of covered employment. Covered employment averages 9,440 jobs at an average annual pay of $54,413, or $1,046 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

How much SBA lending happens in Grant County?

9 7(a) approvals totaling $817,000 since FY2020, across 6 lenders, with a median approval of $25,000, plus 12 504 approvals worth $6.5 m since FY2010. These are approvals recorded in the release, not loans disbursed.

What is the radon zone for Grant County?

Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.

Where do people moving to Grant County come from?

The largest single origin is Doña Ana County, with 58 households. Arriving households report an average income of $50,065 against $58,189 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Are traffic counts available for Grant County on this page?

No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.

Is zoning published for Grant County?

No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.

Grant County

Cities and places in Grant.

26 Census places lie wholly or partly in Grant County. 22 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.

Census places in Grant County, by population, with SBA 7(a) approvals to borrowers in each place for projects in Grant County
PlaceTypePopulationSBA 7(a) approvals, projects in this countyLies in
Silver Citytown9,5368Wholly in this county
Bayardcity2,057None recordedWholly in this county
Santa Claravillage1,809None recordedWholly in this county
Little Walnut VillageCDP1,445None recordedWholly in this county
Arenas ValleyCDP1,2471Wholly in this county
Hurleytown1,044None recordedWholly in this county
TyroneCDP814None recordedWholly in this county
GilaCDP366None recordedWholly in this county
MimbresCDP330None recordedWholly in this county
HanoverCDP263None recordedWholly in this county
RosedaleCDP252None recordedWholly in this county
San LorenzoCDP219None recordedWholly in this county
Casas AdobesCDP195None recordedWholly in this county
White SignalCDP177None recordedWholly in this county
North HurleyCDP166None recordedWholly in this county
Pinos AltosCDP113None recordedWholly in this county
CliffCDP106None recordedWholly in this county
BuckhornCDP76None recordedWholly in this county
Trout ValleyCDP19None recordedWholly in this county
HachitaCDP14None recordedWholly in this county
Gila Hot SpringsCDP10None recordedWholly in this county
CobreCDP0None recordedWholly in this county
FaywoodCDP0None recordedWholly in this county
Lake RobertsCDP0None recordedWholly in this county
Lake Roberts HeightsCDP0None recordedWholly in this county
RedrockCDP0None recordedWholly in this county