87016 ZIP Code – Estancia, New Mexico
87016 is a small ZIP code in Estancia, New Mexico, part of Torrance County with a population of approximately 2,848 residents. Residents earn a median household income of $40,191, which is below the New Mexico average and well below the national figure. The median home value of $120,600 is well below the national average, with 78.7% owner-occupied housing (decreasing). , and the median rent of $727 is below the national average. Housing consists of 80% single-family (increasing).
Unemployment stands at 25.0%, which is well above the U.S. rate. The poverty rate of 17.7% is above the U.S. average. About 11.5% of residents have completed a four-year degree, well below the national rate. Residents have a median age of 51.6, above the U.S. median. ZIP codes in the surrounding area include 87032, 87035, 87063.
ZIP Code 87016 Data
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ZIP 87016 vs. New Mexico vs. U.S.
| Metric | ZIP 87016 | NM Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 2,848 | 5,896 | 10k |
| Median Household Income | $40k | $55k | $73k |
| Median Home Value | $120k | $190k | $258k |
| Median Rent | $727 | $897 | $1,088 |
| Median Age | 51.6 | 46.2 | 43.2 |
| Unemployment Rate | 25.0% | 6.3% | 5.0% |
| Poverty Rate | 17.7% | 19.9% | 13.3% |
| Bachelor's Degree or Higher | 11.5% | 23.0% | 26.9% |
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Nearby ZIP Codes
- 87032 – Mcintosh
- 87035 – Moriarty
- 87063 – Willard
- 87061 – Torreon
- 87059 – Tijeras
- 87070 – Clines Corners
- 87015 – Edgewood
- 87056 – Stanley
- 87036 – Mountainair
- 88321 – Encino
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 87032 | MCINTOSH | 115 | Not provided |
| 87035 | MORIARTY | 7,331 | $49,647 |
| 87063 | WILLARD | 389 | Not provided |
| 87061 | TORREON | 232 | $38,060 |
| 87059 | TIJERAS | 10,020 | $90,082 |