U.S. ZIP Code · NM87016
Torrance County · Albuquerque, NM
Appreciation
- 1-year
- +7.1%
- 5-year / yr
- —
- 10-year / yr
- —
Relative price
- vs U.S.
- -26.3%
- vs metro
- -40.5%
- vs state
- -25.1%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 87016 is worth $209,450 — 40.5% below the Albuquerque, NM median. Over the past year, values have risen 7.1%. The effective property tax rate is 0.4%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Torrance County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Low[4]
- Riverine flood
- Relatively Low
- Coastal flood
- Not Applicable
- Wildfire
- Relatively Moderate
- Drought
- Relatively Moderate
- Heat wave
- Very Low
- Hurricane
- Not Applicable
- Tornado
- Very Low
- Earthquake
- Relatively Low
- Winter weather
- Relatively Moderate
#Who lives here
#Migration
Household moves in and out of Torrance County over a year, from IRS tax-return data.
- Net migration
- +93[5]
- Moved in
- 531
- Moved out
- 438
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 4
- Elementary
- 2
- Middle
- 1
- High
- 1
ESTANCIA HIGH
High · Grades 9–12 · ESTANCIA
185 students
UPPER ELEMENTARY
Elementary · Grades 2–6 · ESTANCIA
181 students
LOWER ELEMENTARY
Elementary · Grades PK–1 · ESTANCIA
112 students
ESTANCIA MIDDLE
Middle · Grades 7–8 · ESTANCIA
102 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 87016?
- The typical home in 87016 is worth $209,450, based on the Zillow Home Value Index.
- Are home values rising in 87016?
- Home values in 87016 are up 7.1% over the past year.
- What is the property tax rate in 87016?
- The effective property tax rate in 87016 is 0.4% — roughly $853 a year on a typical home.
- Who lives in 87016?
- ZIP code 87016 has a population of 2,421 and a median household income of $55,296.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Pueblo Pintado CDP, NM
- Typical home
- $232,007
- Gross yield
- —
McIntosh CDP, NM
- Typical home
- $235,666
- Gross yield
- —
Deer Canyon CDP, NM
- Typical home
- $174,480
- Gross yield
- —
Albuquerque, NM
- Typical home
- $249,740
- Gross yield
- 5.3%
Belen, NM
- Typical home
- $267,336
- Gross yield
- —
Cochiti Lake CDP, NM
- Typical home
- $279,568
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
Compare ZIPs
Pit ZIP 87016 against any other ZIP — full side-by-side table.
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