ZIP Code 87016 is associated with the U.S. city Estancia in New Mexico (Torrance County). The current population estimate for the ZIP Code is 3,184. In this New Mexico region, an estimated 16.4% have a bachelor's degree or higher, while the per capita income comes in at about $22,552. The median household income is at $35,383, while an estimated 5% of the population in this ZIP is living below the poverty line. The median age in ZIP Code 87016 is approximately 44.0 years, and 31.7% of the region's residents are aged 62 years and older.
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The median household income in ZIP Code 87016 is $35,383, while the region's mean household income is $51,075. Breaking income down further, per capita income in the region is $22,552. The per capita income in ZIP Code 87016 of $22,552 is approximately 17.18% less than the per capita income in the U.S. overall of $27,230. An estimated 4.8% of the population is living below the poverty line in this region. This rate is approximately 49.47% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 23.8% of the population in 87016 earn $15,000 to $24,999 per year, while an estimated 18.5% earn $50,000 to $74,999 per year, and 1.2% of 87016 residents earn $150,000 to $199,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 9.7% |
| $10,000 to $14,999 per year | 1.8% |
| $15,000 to $24,999 per year | 23.8% |
| $25,000 to $34,999 per year | 13.9% |
| $35,000 to $49,999 per year | 13.1% |
| $50,000 to $74,999 per year | 18.5% |
| $75,000 to $99,999 per year | 5.4% |
| $100,000 to $149,999 per year | 10.7% |
| $150,000 to $199,999 per year | 1.2% |
| $200,000 or more per year | 2.0% |
Looking at race in the population that makes up ZIP Code 87016, 99.3% is one race, while 0.7% are two or more races. Approximately 50.4% of 87016 residents are hispanic or Latino (of any race). The most common race in 87016 (race alone or in combination with one or more other races), is White (93.4%), followed by Some other race (5.1%) .
| Industry | Percent |
|---|---|
| White | 93.4% |
| Black or African American | 0.7% |
| American Indian and Alaska Native | 1.2% |
| Asian | 0.0% |
| Native Hawaiian and Other Pacific Islander | 0.3% |
| Some other race | 5.1% |
Residents of ZIP Code 87016 are older than average. The median age of 44.0 years in ZIP Code 87016 is approximately 15.49% higher than the overall median age in the U.S. of 38.1 years. About 77.8% of residents are aged 18 years and older, and 31.7% of residents are 62 years and over. Approximately 16.5% of the population in 87016 falls in the age group 65 to 74 years, while an estimated 13.2% are aged 75 to 84 years. On the low end of the scale, 1.4% of 87016 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.5% |
| 5 to 9 years | 3.4% |
| 10 to 14 years | 8.7% |
| 15 to 19 years | 7.7% |
| 20 to 24 years | 8.0% |
| 25 to 34 years | 12.8% |
| 35 to 44 years | 8.9% |
| 45 to 54 years | 7.9% |
| 55 to 59 years | 5.9% |
| 60 to 64 years | 2.1% |
| 65 to 74 years | 16.5% |
| 75 to 84 years | 13.2% |
| 85 years and over | 1.4% |
In ZIP Code 87016, 78.1% of the population graduated high school, while 16.4% have a bachelor's degree or higher. In this region, 8.5% achieved an education level less than 9th grade, while 11.3% hold a graduate or professional degree. Approximately 36.7% in this Torrance County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 8.5% |
| 9th to 12th grade, no diploma | 13.4% |
| High school graduate (includes equivalency) | 36.7% |
| Some college, no degree | 16.5% |
| Associate's degree | 8.5% |
| Bachelor's degree | 5.1% |
| Graduate or professional degree | 11.3% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 87016 is current access to health insurance, as an estimated 84.3% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 87016 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 84.3% |
| Risk Behavior | Percent of adults* |
|---|
In 87016, 30.8% of the population is in the labor force. Recent estimates place 9.6% as working from home, while the total labor force in the region has a mean travel to time to work of 42.2 minutes. Approximately 24.5% of the employed population 16 years and over in 87016 work in construction, while an estimated 19.0% work in agriculture, forestry, fishing and hunting, and mining. On the lower end of the scale, just 0.0% of 87016 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 19.0% |
| Construction | 24.5% |
| Manufacturing | 0.0% |
| Wholesale trade | 0.0% |
| Retail trade | 1.6% |
| Transportation and warehousing, and utilities | 1.1% |
| Information | 0.0% |
| Finance and insurance, and real estate and rental and leasing | 5.7% |
| Professional, scientific, management, and administrative | 18.8% |
| Educational services, and health care and social assistance | 13.4% |
| Arts, entertainment, and recreation, and accommodation and food services | 0.8% |
| Other services, except public administration | 5.7% |
| Public administration | 9.4% |
In ZIP Code 87016, 70.3% of the population lists "English only" as the language spoken in home, while 29.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.3% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Torrance County region.
| Language Spoken | Percent |
|---|---|
| English only | 70.3% |
| Spanish | 29.2% |
| Other Indo-European languages | 0.3% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.2% |
Regarding the age of homes in ZIP Code 87016, an estimated 25.5% of homes were built between 1980 and 1989. Additionally, 23.1% of homes in the region were built between 1970 and 1979, while an estimated 0.0% of homes were built between 2010 and 2013 in this Torrance County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.4% |
| Built between 2010 and 2013 | 0.0% |
| Built between 2000 and 2009 | 8.7% |
| Built between 1990 and 1999 | 8.9% |
| Built between 1980 and 1989 | 25.5% |
| Built between 1970 and 1979 | 23.1% |
| Built between 1960 and 1969 | 4.2% |
| Built between 1950 and 1959 | 3.9% |
| Built between 1940 and 1949 | 3.3% |
| Built in 1939 or earlier | 22.1% |
Regarding consumer complaints about financial products in ZIP Code 87016, payday loan, title loan, or personal loan have received the most complaints in 87016 in the past 12 months. received the second most complaints. The most frequent complaint overall in this Torrance County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Payday loan, title loan, or personal loan | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 1 |
Regarding solar power potential, ZIP Code 87016 has an average daily solar radiation level of 6.52 kWh/m2/day. This is approximately 58.25% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 1.06% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 87016 | 14.48¢/kWh | 12.65¢/kWh | 9.16¢/kWh |
| New Mexico | 14.61¢/kWh | 10.5¢/kWh | 6.46¢/kWh |
| United States | 16.44¢/kWh | 13.09¢/kWh | 8.23¢/kWh |
| Month | ZIP Code 87016 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 6.06 | 1.9 | 5.84 |
| Feb | 6.39 | 3 | 6.31 |
| Mar | 7.06 | 3.65 | 7.02 |
| Apr | 7 | 5.13 | 7.3 |
| May | 6.87 | 5.17 | 7.13 |
| Jun | 6.8 | 5.72 | 6.95 |
| Jul | 6.32 | 6.22 | 6.51 |
| Aug | 6.53 | 6.08 | 6.65 |
| Sep | 6.65 | 5.15 | 7.02 |
| Oct | 6.56 | 3.32 | 6.92 |
| Nov | 6.27 | 2.33 | 5.99 |
| Dec | 5.68 | 1.78 | 5.46 |