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Upper Fruitland CDP, NM

ZIP 87416 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 87416

Median Home Value
$91,300
Median Rent
$488
Affordability Snapshot
$25,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$586/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 87416 in Upper Fruitland CDP, NM, a household would need roughly $25,000 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 $586. That sits below the local median household income ($41,875), 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.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.3%+23% vs US avg
x
Vacancy Rate
19.4%+88% vs US avg
x
Broadband Access
47.3%-46% vs US avg
x
4+ Bedrooms
1.9%-88% vs US avg
x
Built Pre-1939
1.6%-88% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
21.8%-56% vs US avg
x
Mortgage-Free
82.3%+115% vs US avg
x
$91,300
Home Value
$488
Rent
1986
Year Built
1999
Moved In

Residents have lived here since ~1999 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached62.1%
  • 1-unit attached0.8%
  • 2-9 units3.2%
  • 10+ units0.0%
  • Mobile home & other33.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$91,300
Median rent$488
Owner-occupied80.3%
Vacant19.4%
Price-to-income2.2x
Est. income to buy$25,000