ZIP code 87016
87016 is in Torrance County, New Mexico.
2,421Residents
$55,296Median household income
$847/moMedian gross rent
$122,100Median home value
55.9Median age
11%Adults with a bachelor’s degree or higher
79%Homes lived in by their owners
2.2×Home value to household income
Median rent takes about 18% of the median household income in ZIP 87016.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $34,000 a year. In New Mexico that leaves roughly $2,319 a month after tax. See the full paycheck breakdown for $35,000.
Other ZIP codes in Torrance County
All ZIP codes in New Mexico · Highest-paying jobs in New Mexico
Source: Census ACS 2024 ACS 5-year, ZIP code tabulation areas. ZCTAs approximate postal ZIP codes and can differ from them. Small areas carry larger margins of error.