Grant County, NM
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 32.73, -108.38.
Assembled 2026-10-06. Read the brief.
- 30th pct · 2,116th of 3,063 US counties · median $234,566
- 34th pct · 20th of 30 New Mexico counties · median $223,584
- 4th pct · 2,937th of 3,063 US counties · median +2.9%
- 6th pct · 28th of 30 New Mexico counties · median +1.3%
- 33rd pct · 934th of 1,399 US counties · median $1,496
- 26th pct · 12th of 16 New Mexico counties · median $1,505
- 54th pct · 1,463rd of 3,221 US counties · median 8,232
- 56th pct · 15th of 33 New Mexico counties · median 8,227
- 69th pct · 972nd of 3,221 US counties · median $1,039
- 73rd pct · 9th of 33 New Mexico counties · median $968
- 22nd pct · 2,369th of 3,063 US counties · median 4.3
- 24th pct · 23rd of 30 New Mexico counties · median 4.2
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $185,980 (Aug 2026), -5.2% over one year, -3.6% over five
- 30th pct · 2,116th of 3,063 US counties · median $234,566
- 34th pct · 20th of 30 New Mexico counties · median $223,584
| Item | Value | Distance |
|---|---|---|
| Grant County, NM | $185,980 · -5.2% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,329/mo (Aug 2026), n/a over one year; price-to-rent 11.7
- 33rd pct · 934th of 1,399 US counties · median $1,496
- 26th pct · 12th of 16 New Mexico counties · median $1,505
| Item | Value | Distance |
|---|---|---|
| Grant County, NM | $1,329/mo · n/a 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,018 a month on $185,980 at 7.28%, against an average weekly wage worth $4,970 a month: 20.5% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $185,980 × 80% = $148,784, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,018/mo principal and interest
- wage share = payment / (avg weekly wage $1,147 × 52 / 12 = $4,970) = 20% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $185,980 / ($1,147 × 52) = 3.1
- price-to-rent = $185,980 / ($1,329 × 12) = 11.7
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
9,696 jobs at 761 employers (2026 Q1); +1.6% jobs and +3.8% average weekly wage over the year
- 54th pct · 1,463rd of 3,221 US counties · median 8,232
- 56th pct · 15th of 33 New Mexico counties · median 8,227
| Item | Value | Distance |
|---|---|---|
| Grant County, NM | 9,696 jobs · $1,147/wk · +1.6% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Retail trade | 1,040 | $606 | 1.10 | +3.2% |
| Administrative and waste services | 985 | $1,125 | 1.79 | +9.0% |
| Health care and social assistance | 937 | $945 | 0.64 | -0.6% |
| Construction | 458 | $978 | 0.90 | +14.5% |
| Other services | 264 | $812 | 0.91 | +3.1% |
| Professional and technical services | 170 | $904 | 0.25 | +4.9% |
| Finance and insurance | 150 | $1,175 | 0.38 | -3.8% |
| Management of companies | 130 | $1,468 | 0.80 | +54.8% |
| Information | 125 | $1,340 | 0.70 | +11.6% |
| Manufacturing | 101 | $534 | 0.13 | +4.1% |
| Educational services | 94 | $674 | 0.45 | +4.4% |
| Wholesale trade | 79 | $1,614 | 0.21 | -4.8% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
D2 severe drought
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
4 % of conservation capacity, weighted over 1 TWDB reservoirs
Sites found: 1, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
| Site | Reading | Distance |
|---|---|---|
| Elephant Butte Lake | 4 % full · 1,986k ac-ft | 121 km |
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
15 gauges · 0 flooding · 0 with quality panels · 5 stale
Sites found: 15, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
| Site | Reading | Distance |
|---|---|---|
| GILA RIVER NEAR REDROCK, NM | flow 161.0 ft³/s | 28 km |
| GRANDPA HARPER DITCH NEAR REDROCK, NM | flow 3.00 ft³/s · STALE | 29 km |
| GILA FARMS DITCH NR GILA, NM | flow 11.0 ft³/s · STALE | 33 km |
| FORT WEST DITCH NEAR GILA, NM | flow 15.0 ft³/s · STALE | 35 km |
| UPPER GILA DITCH NEAR GILA, NM | flow 28.0 ft³/s · STALE | 36 km |
| GILA RIVER NEAR GILA, NM | flow 314.0 ft³/s | 39 km |
| MIMBRES RIVER AT MIMBRES, NM | flow 29.2 ft³/s | 40 km |
| GILA RIVER BELOW BLUE CREEK, NEAR VIRDEN, NM | flow 483.0 ft³/s | 45 km |
| GILA RIVER NR GILA HOT SPRINGS, NM | flow 184.0 ft³/s | 52 km |
| GILA HOT SPRINGS DITCH NEAR PINOS ALTOS, NM | flow 2.40 ft³/s · STALE | 54 km |
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
high (0.71)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.50 + 0.3×0.96 / 0.65
Banks & federal dollars #
$641.5 m in deposits at 8 offices of 6 banks (SOD June 2026); HHI 1,996, highly concentrated. $361.5 m federal obligations in FY2026 (direct payments $243.9 m, contracts $101.2 m), $37,280 per covered job
| Item | Value | Distance |
|---|---|---|
| First American Bank | $196.3 m · 30.6% share · 2 offices | |
| Wells Fargo Bank, National Association | $118.2 m · 18.4% share · 1 office | |
| First New Mexico Bank of Silver City | $115.6 m · 18.0% share · 2 offices | |
| Grant, NM | $361.5 m FY2026 · $37,280/job | |
| MULTIPLE RECIPIENTS | $221.0 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| First American Bank | $196,279,000 | 30.6% | 2 |
| Wells Fargo Bank, National Association | $118,166,000 | 18.4% | 1 |
| First New Mexico Bank of Silver City | $115,594,000 | 18.0% | 2 |
| Western Bank | $91,869,000 | 14.3% | 1 |
| WaFd Bank | $78,450,000 | 12.2% | 1 |
| First Savings Bank | $41,182,000 | 6.4% | 1 |
Deposit concentration is 1,996 across 6 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 6 banks with deposits in the county = 30.6² + 18.4² + 18.0² + … (3 more) = 1,996
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $194,530,876 |
| Department of Defense | $84,144,372 |
| Department of Veterans Affairs | $25,704,394 |
| Department of Agriculture | $24,223,271 |
| Department of Transportation | $14,538,426 |
| Department of Housing and Urban Development | $8,722,589 |
| Department of Education | $7,649,772 |
| Railroad Retirement Board | $1,099,399 |
| Department of Health and Human Services | $530,000 |
| Federal Communications Commission | $276,801 |
| General Services Administration | $64,924 |
| Small Business Administration | $0 |
That is $37,280 per covered job, against 9,696 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $361.5 m / 9,696 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $37,280
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Grant County, NM: 12 findings, 1 at an alert level, 2 at a watch level and 9 noted
alertGrant County, NM's typical home value is -5.2% against a year earlier, an alert level here: typical home value at least 5 percent below a year ago (arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: home.yoyPct = -5.195706257435859 <= -5
arithmetic on Zillow ZHVI, county and metro files; convention chosen for this dashboard, not an official level
watchGrant County, NM's typical home value is -5.2% against a year earlier, a watch level here: typical home value below a year ago (arithmetic on Zillow ZHVI, county and metro files; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: home.yoyPct = -5.195706257435859 < 0
arithmetic on Zillow ZHVI, county and metro files; not an official level
watchGrant County, NM's typical asking rent is -2.8% against the previous month, a watch level here: typical asking rent at least 1 percent below the previous month (arithmetic on the Zillow ZORI month columns; convention chosen for this dashboard, not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026-08.Show the arithmetic
- test: rent.momPct = -2.774404733224468 <= -1
- month-over-month percent change = (newest month − previous month) / |previous month| × 100, from Zillow's own published month columns
arithmetic on the Zillow ZORI month columns; convention chosen for this dashboard, not an official level
noteGrant County, NM's average weekly wage was 3.8% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +3.8 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteGrant County, NM's typical asking rent fell 2.8% from $1,367 in July 2026 to $1,329 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- -2.8% = (1329.1666666666667 - 1367.0954268982264) / 1367.0954268982264 × 100
- 1329.1666666666667 = Zillow ZORI, 2026-08
- 1367.0954268982264 = Zillow ZORI, 2026-07
Read all 12 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.