Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.6 yrs |
|---|---|
| Avg HH Size | 2.55 |
| Below Poverty | 17.5% ▲ 75% above avg |
| College Grads | 31.9% ▼ 18% below avg |
| Unemployment | 25.0% ▲ 412% above avg |
| HS Graduate | 604 (29.7%) |
| Some College | 476 (23.4%) |
| Associates | 308 (15.1%) |
| Bachelors | 391 (19.2%) |
| Graduate Degree | 258 (12.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,129 ▼ 42% below avg |
|---|---|
| Median Home Value | $117,400 ▼ 58% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $823/mo |
| Total Housing Units | 1,390 |
| Vacant Units | 265 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Estancia is a city in New Mexico, located in Torrance County. The city spans 1 ZIP code and is home to approximately 2,897 residents. It is a mature city, with a median age of 51.6 years.
Economically, Estancia is a working-class community. The median household income of $44,129 is below the national average. Approximately 17.5% of residents live below the poverty line. The unemployment rate is 25.0%, more than double the national average.
The real estate market in Estancia is one of the more affordable housing markets in the country. Median home values stand at $117,400, which is well below the national average. Renters typically pay around $823 per month. Homeownership is high at 81.2%, typical of suburban and family-oriented communities.
The population of Estancia is moderately educated. 31.9% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (54.26%).
Estancia, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87016 | 2,897 | $44,129 | $117,400 | $823 | 25.0% | 31.9% | 81.2% |