ZIP Code 87016 — Estancia town, NM Demographics & Data

ZIP code 87016 covers Estancia, NM in Torrance County with a population of about 2,897.

At a glance, the area shows median age of 51.6 versus a U.S. median of about 38.9.

It sits in telephone area code 505; U.S. House district NM-1; the ALBUQUERQUE - SANTA FE media market.

Median household income in ZIP 87016 is about $44,129 — about 41% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 17.7%; unemployment rate near 25.0%; 11.5% of adults with a bachelor’s degree or higher (about 22.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Administrative support, Professional services, and Education; about 23.3% of workers reporting work-from-home (about 8.1 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $117,400 — about 66% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $579 (about 50% below the U.S. median rent ($1,163)), and owner-occupancy near 81.2% (about 15.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87016 in Estancia, NM, a household would need roughly $32,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $754. That sits below the local median household income ($44,129), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Estancia town, NM as Relatively Low (composite score 46.2), which is near the middle of the national distribution. The strongest component scores on US5 are wildfire (91.4) and flood (62.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Estancia town, NM show little to no average snow and around 13.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 91 for ZIP 87016 (Estancia town, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.