Population 4,380 · Census ACS 2020–24
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Population and households in ZIP 87416
Household size in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 3.60 | 2.71 | 2.68 |
| 2010–14 | 3.83 | 2.77 | 2.73 |
| 2015–19 | 3.36 | 2.71 | 2.71 |
| 2020–24 | 3.23 | 2.63 | 2.65 |
| Change | −0.37 | −0.07 | −0.03 |
ZIP 87416 is a place of big households: 3.23 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Household size has dropped from 3.60 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 30.1 | 37.4 | 37.7 |
| 2010–14 | 30.7 | 38.2 | 38.6 |
| 2015–19 | 35.7 | 39.3 | 39.6 |
| 2020–24 | 39.0 | 40.5 | 40.1 |
| Change | +8.8 | +3.2 | +2.3 |
At 39.0, the median age in ZIP 87416 is close to the national median of 40.1, so its age mix looks much like the country's. The population here is younger than in New Mexico as a whole, where the median age is 40.5.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 18.6% | 14.2% | 12.3% |
| 2010–14 | 21.8% | 14.6% | 12.3% |
| 2015–19 | 20.6% | 13.6% | 11.6% |
| 2020–24 | 19.6% | 14.4% | 11.6% |
| Change | +1.0 pts | +0.1 pts | −0.6 pts |
Single-parent households are common in ZIP 87416: 19.6% of all households, against 11.6% nationally. ZIP 87416 has a higher share of single-parent households than at least four in five New Mexico ZIP codes.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 87416
Renters in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 12.7% | 30.4% | 33.3% |
| 2010–14 | 15.1% | 31.8% | 35.6% |
| 2015–19 | 20.4% | 32.3% | 36.0% |
| 2020–24 | 18.1% | 30.0% | 34.8% |
| Change | +5.5 pts | −0.3 pts | +1.5 pts |
Only 18.1% of households in ZIP 87416 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over eight in ten owners (83.1%) have paid off their mortgages, well above the national share of 39.8%. ZIP 87416 has a lower share of renters than the great majority of New Mexico ZIP codes.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 25.4% | 13.6% | 11.4% |
| 2010–14 | 23.6% | 14.2% | 11.4% |
| 2015–19 | 18.8% | 15.2% | 11.1% |
| 2020–24 | 18.6% | 11.9% | 9.6% |
| Change | −6.8 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 18.6% of the housing in ZIP 87416, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. ZIP 87416 has a higher vacancy rate than at least four in five New Mexico ZIP codes.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 1983 | 1980 | 1974 |
| 2010–14 | 1985 | 1981 | 1975 |
| 2015–19 | 1985 | 1982 | 1977 |
| 2020–24 | 1987 | 1985 | 1980 |
| Change | +4 | +4 | +6 |
Homes in ZIP 87416 are newer than the national norm: the median home was built in 1987, versus 1980 across the U.S. The picture is much the same across New Mexico.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | $741 | $777 | $965 |
| 2010–14 | $832 | $866 | $1,040 |
| 2015–19 | $854 | $943 | $1,213 |
| 2020–24 | $888 | $1,188 | $1,571 |
| Change | +$147 | +$411 | +$606 |
Rent in ZIP 87416 runs $888 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 35.4% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Renters on a budget will find the lowest rents in the southeast; the highest are in the north.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 87416
Bachelor's degrees in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 6.4% | 25.0% | 28.4% |
| 2010–14 | 9.1% | 25.5% | 29.6% |
| 2015–19 | 7.4% | 26.7% | 32.1% |
| 2020–24 | 13.3% | 30.2% | 35.6% |
| Change | +6.9 pts | +5.2 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 87416: 13.3% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. College graduates are most concentrated in the north and least in the west. Of the 75 New Mexico ZIP codes with 5,000+ people, only seven have a lower share of college graduates.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 79.5% | 82.3% | 84.9% |
| 2010–14 | 81.9% | 83.5% | 86.1% |
| 2015–19 | 80.7% | 85.1% | 87.7% |
| 2020–24 | 85.2% | 87.5% | 89.3% |
| Change | +5.7 pts | +5.2 pts | +4.3 pts |
About one in seven adults in ZIP 87416 never finished high school, more than nationally: 85.2% have a diploma or equivalent, against 89.3% across the U.S. ZIP 87416 has a lower share of high school graduates than most New Mexico ZIP codes.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 87416
| Period | ZIP 87416 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 5.8% | 7.3% | 8.1% |
| 2010–14 | 14.2% | 9.7% | 9.4% |
| 2015–19 | 16.0% | 6.8% | 5.6% |
| 2020–24 | 12.6% | 6.0% | 5.4% |
| Change | +6.8 pts | −1.3 pts | −2.7 pts |
Unemployment in ZIP 87416 runs well above the national rate: 12.6% of the labor force was out of work and looking, against 5.4%. Of the 75 New Mexico ZIP codes with 5,000+ people, only two have higher unemployment. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 87416 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 87416 | 3.23 | 39.0 | 19.6% | 18.1% | 18.6% | 1987 | $888 | 13.3% | 85.2% | 12.6% |
| ZIP 87417 | 4.26 | 34.6 | 22.5% | 26.3% | 15.4% | 1991 | $742 | 13.6% | 90.2% | 12.4% |
| ZIP 87421 | 2.99 | 37.4 | 22.0% | 31.3% | 25.6% | 1992 | $1,301 | 13.0% | 73.0% | 11.2% |
| ZIP 87401 | 2.77 | 37.9 | 14.1% | 34.5% | 10.9% | 1983 | $1,087 | 22.7% | 88.7% | 6.3% |
| ZIP 87402 | 2.96 | 39.1 | 13.1% | 26.9% | 5.3% | 1989 | $1,400 | 30.0% | 92.3% | 2.1% |
| ZIP 87420 | 3.32 | 35.7 | 23.9% | 40.6% | 17.2% | 1989 | $695 | 9.6% | 84.9% | 15.4% |
| ZIP 87415 | 3.03 | 42.1 | 9.8% | 19.2% | 21.2% | 1987 | $1,214 | 14.3% | 86.1% | 0.0% |
| ZIP 87410 | 2.88 | 42.4 | 12.5% | 23.1% | 15.0% | 1988 | $930 | 17.3% | 86.9% | 5.1% |
| ZIP 87413 | 3.01 | 36.4 | 15.9% | 25.5% | 13.7% | 1989 | $1,015 | 15.0% | 83.8% | 6.3% |
| ZIP 87412 | 2.38 | 54.6 | 7.1% | 6.7% | 20.8% | 1994 | $1,198 | 18.4% | 92.1% | 5.5% |
| ZIP 87419 | 2.18 | 58.8 | 4.7% | 1.9% | 19.7% | 1994 | $1,196 | 17.3% | 91.6% | 2.7% |
All figures 2020–24.
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About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 87416. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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