Housing data for ZIP code 87016

Name: Housing in ZIP code 87016, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

ZIP code 87016 has an estimated 2,421 residents and 1,234 homes (US Census Bureau, 2020–2024 American Community Survey).

It lies in Torrance County.

21.3% of households rent.

The median gross rent is $847 (±$18) a month.

The median home value is $122,100 (±$39,943).

The median household income is $55,296 (±$9,819) a year.

Figures last updated on November 12, 2026.

Residents: 2,421 (±505)
Median gross rent: $847
Median home value: $122,100
Households that rent: 21.3%

How ZIP code 87016 compares

Estimate (90% margin of error)
	ZIP 87016	Torrance County	New Mexico	United States
Residents	2,421 (±505)	15,490	2,120,246	334,922,499
Housing units	1,234 (±204)	7,293	956,964	143,775,355
Households that rent	21.3% (±11.0 points)	18.3%	30.0%	34.8%
Median gross rent	$847 (±$18)	$872	$1,067	$1,413
Median home value	$122,100 (±$39,943)	$159,700	$248,100	$332,700
Median household income	$55,296 (±$9,819)	$57,842	$64,059	$80,734
Median real estate taxes (a year)	$576 (±$142)	$719	$1,731	$3,119
Renters paying 30% or more of income	25.1% (±22.7 points)	34.1%	50.2%	51.1%
Built before 1980	61.3% (±18.5 points)	30.6%	42.7%	49.7%
Average commute	39.2 minutes (±9.2)	37.3 minutes	23.5 minutes	26.4 minutes
Households with broadband	70.4% (±13.4 points)	82.6%	86.5%	91.0%
Median age of residents	55.9 years (±8.8)	43.3 years	39.4 years	38.9 years

In ZIP 87016, median gross rent is not measurably different from Torrance County ($872).

It is also lower than in New Mexico ($1,067).

It is lower than the national figure ($1,413).

Among the 3 ZIP codes in Torrance County with a published estimate, ZIP 87016 ranks 2 from highest to lowest median gross rent.

Among the 6 ZIP codes in Torrance County with a published estimate, ZIP 87016 ranks 5 from highest to lowest median home value.

Among the 6 ZIP codes in Torrance County with a published estimate, ZIP 87016 ranks 3 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 87016

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	ZIP 87016	Torrance County	New Mexico	United States
Less than $500	0.0% (±17.6 points)	3.1%	8.6%	6.3%
$500 to $999	89.0% (±13.4 points)	69.6%	36.3%	20.2%
$1,000 to $1,499	11.0% (±13.4 points)	25.4%	32.4%	28.1%
$1,500 to $1,999	0.0% (±17.6 points)	1.8%	15.1%	21.1%
$2,000 to $2,499	0.0% (±17.6 points)	0.0%	4.9%	12.0%
$2,500 to $2,999	0.0% (±17.6 points)	0.0%	1.3%	5.5%
$3,000 or more	0.0% (±17.6 points)	0.0%	1.3%	6.8%

The most common range is $500 to $999, paid by 89.0% of renting households.

Rent by bedrooms in ZIP code 87016

Median gross rent by number of bedrooms, estimate (90% margin of error)
Bedrooms	Census median
1 bedroom	$811 (±$315)
3 bedrooms	$846 (±$20)

Rent burden in ZIP code 87016

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	ZIP 87016	Torrance County	New Mexico	United States
Less than 15%	58.4% (±31.1 points)	19.9%	14.3%	12.6%
15% to 19.9%	7.3% (±12.7 points)	30.5%	12.5%	12.2%
20% to 24.9%	0.0% (±17.6 points)	11.0%	11.5%	12.6%
25% to 29.9%	9.1% (±15.3 points)	4.5%	11.5%	11.5%
30% to 34.9%	2.3% (±3.7 points)	3.4%	8.5%	9.2%
35% or more	22.8% (±22.4 points)	30.7%	41.7%	41.9%

25.1% (±22.7 points) of renting households in ZIP code 87016 spend 30% or more of their income on gross rent.

Home values in ZIP code 87016

Owner-occupied homes by value, 2020–2024
Value	ZIP 87016	Torrance County	New Mexico	United States
Less than $50,000	7.6% (±7.7 points)	12.0%	9.4%	5.3%
$50,000 to $99,999	31.0% (±12.3 points)	19.0%	7.8%	6.1%
$100,000 to $149,999	18.4% (±10.3 points)	14.0%	8.5%	6.8%
$150,000 to $199,999	18.5% (±11.5 points)	21.7%	11.7%	9.0%
$200,000 to $299,999	7.3% (±6.9 points)	16.3%	23.6%	17.8%
$300,000 to $499,999	15.6% (±13.8 points)	11.7%	25.5%	26.9%
$500,000 to $999,999	1.7% (±2.9 points)	2.3%	11.2%	20.9%
$1,000,000 or more	0.0% (±4.9 points)	3.0%	2.4%	7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 87016

Housing units by units in structure, 2020–2024
Building type	ZIP 87016	Torrance County	New Mexico	United States
Single-family, detached	76.4% (±9.1 points)	50.3%	64.5%	61.3%
Single-family, attached (townhouse, rowhouse)	0.0% (±3.4 points)	1.6%	3.8%	6.2%
2 units	0.0% (±3.4 points)	0.3%	1.7%	3.4%
3 or 4 units	1.1% (±2.1 points)	0.3%	4.0%	4.3%
5 to 9 units	0.0% (±3.4 points)	0.2%	2.8%	4.5%
10 to 19 units	0.0% (±3.4 points)	0.0%	2.4%	4.3%
20 or more units	0.0% (±3.4 points)	1.5%	4.9%	10.3%
Mobile home	22.5% (±8.6 points)	45.6%	15.5%	5.6%
Boat, RV, van, etc.	0.0% (±3.4 points)	0.2%	0.3%	0.1%

When the homes in ZIP code 87016 were built

Housing units by year structure built, 2020–2024
Year built	ZIP 87016	Torrance County	New Mexico	United States
2020 or later	0.0% (±3.4 points)	0.5%	1.4%	2.0%
2010 to 2019	4.5% (±5.8 points)	5.1%	8.4%	9.4%
2000 to 2009	2.7% (±3.7 points)	9.0%	15.5%	13.6%
1990 to 1999	16.5% (±9.0 points)	28.4%	15.8%	12.4%
1980 to 1989	15.2% (±8.0 points)	26.3%	16.2%	12.9%
1970 to 1979	16.4% (±10.1 points)	11.5%	16.9%	14.2%
1960 to 1969	6.0% (±5.3 points)	3.6%	9.0%	9.9%
1950 to 1959	20.0% (±11.8 points)	5.3%	8.9%	9.5%
1940 to 1949	8.2% (±5.9 points)	2.9%	3.5%	4.4%
1939 or earlier	10.7% (±6.2 points)	7.3%	4.4%	11.7%

61.3% of the homes in ZIP code 87016 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 87016

Occupied housing units by house heating fuel, 2020–2024
Fuel used most	ZIP 87016	Torrance County	New Mexico	United States
Utility gas	61.1% (±13.1 points)	41.5%	61.7%	46.5%
Fuel oil, kerosene, etc.	0.8% (±1.6 points)	0.1%	0.1%	3.9%
Electricity	20.4% (±12.1 points)	15.6%	23.3%	41.3%
Bottled or tank gas (propane)	1.3% (±2.2 points)	11.5%	6.8%	4.9%
Wood	12.6% (±9.0 points)	20.9%	5.7%	1.4%
Solar energy	0.0% (±3.9 points)	0.2%	0.7%	0.3%
Coal or coke	0.0% (±3.9 points)	0.0%	0.0%	0.1%
Other fuel	3.9% (±5.0 points)	9.0%	1.1%	0.5%
No fuel used	0.0% (±3.9 points)	1.2%	0.5%	1.2%

How people in ZIP code 87016 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportation	ZIP 87016	Torrance County	New Mexico	United States
Drove alone	51.8% (±14.0 points)	77.0%	73.6%	68.8%
Carpooled	34.8% (±18.0 points)	10.8%	9.9%	8.5%
Public transportation	0.0% (±5.7 points)	0.0%	0.6%	3.2%
Walked	1.5% (±2.9 points)	0.9%	1.9%	2.4%
Other means (bicycle, taxi, motorcycle)	5.1% (±6.7 points)	2.7%	1.8%	2.0%
Worked from home	6.8% (±7.2 points)	8.6%	12.2%	15.1%

Workers who live in ZIP code 87016 take an average of 39.2 minutes to get to work.

ZIP codes near 87016

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP code	Distance	Median gross rent	Median home value	Median household income	Households that rent
87032	7.9 mi	—	—	—	0.0%
87035	15 mi	$933	$162,700	$44,938	20.5%
87063	16 mi	—	$98,500	$72,721	11.8%
87061	21 mi	—	$173,600	$44,277	0.0%
87059	23 mi	$1,405	$347,700	$92,315	5.8%
87015	24 mi	$950	$289,900	$79,904	9.2%
87056	29 mi	—	$238,000	$76,563	2.3%
87036	29 mi	$832	$209,100	$47,132	11.4%

ZIP code 87016 is reported as ZIP Code Tabulation Area 87016: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 87016

What is the median rent in ZIP code 87016?

The median gross rent in ZIP Code Tabulation Area 87016 is $847 (±$18) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 87016?

The median value of owner-occupied homes in ZIP code 87016 is $122,100 (±$39,943) (2020–2024 American Community Survey).

What is the median household income in ZIP code 87016?

The median household income in ZIP code 87016 is $55,296 (±$9,819) a year (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 87016 (zip code tabulation area:87016).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.