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Bernalillo County · New Mexico

ZIP code 87116

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 87116 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
3,953

ZCTA residents

Median income
$78,877

Household, past 12 months

Median home
—

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 87116 sits in Bernalillo County, New Mexico and is home to 3,953 people. Median household income is $78,877, the median home is worth — and median gross rent is $1,744. 1.9% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
Bernalillo County

FIPS 35001

State
New Mexico (NM)

372 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 87116

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
3,953ZIP 87116 residents
Median household income
$78,877Past 12 months, inflation adjusted
Median home value
—Owner-occupied units
Median gross rent
$1,744Rent plus utilities, monthly
Median age
24.1 yrsAll residents
Homeownership rate
1.9%Owner-occupied households

ZIP 87116 in context

How this area compares with national benchmarks.

ZIP 87116 is a small town in Bernalillo County, New Mexico, with 3,953 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #84 of 372 ranked by population — larger than 77% of them. The median age here is 24.1 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 87116 earn a median of $78,877 a year, essentially level with the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 11.4% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 87116 is valued at not published, while median gross rent runs $1,744 a month, 24% above the national figure, or roughly $20,928 across a full year. A household on the local median income would put about 26.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. 1.9% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

A median age of 24.1 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

The Census withheld home value for ZIP 87116 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Reading ZIP 87116 in context

How 87116 sits inside Bernalillo County and New Mexico.

ZIP 87116 is tabulated inside Bernalillo County, New Mexico, one of 24 ZIP areas the Census publishes for that county and 372 across New Mexico. Population sits in the small-town band, typically one main street plus the addresses that feed into it. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 87116 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 87116 reports a median household income of $78,877, 24% above the $63,593 county median, and 47% above the $53,479 typical NM ZIP. Owner-occupied homes are valued at a median of not published. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,744 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

New Mexico charges 4.875% statewide, and local governments overlapping 87116 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 87116 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 87116

What a purchase inside this ZIP costs at checkout.

Rate applied
4.875%State base rate only
Tax on $100
$5Rounded to the dollar
Tax on $1,000
$49Before any exemptions

New Mexico levies 4.875% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
27%Median rent ÷ median income
Price-to-income
—Home value ÷ household income
Est. mortgage
—20% down, 30-yr at 6.75%
Poverty rate
11.4%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 87116 compares

ZIP 87116 against the median ZIP in Bernalillo County and across New Mexico.

MeasureZIP 87116County medianState medianvs state
Median household income$78,877$63,593$53,479+47%
Median home value—$282,000$177,700—
Median gross rent$1,744$1,076$875+99%
Population3,95323,537903+338%

Medians are computed across the 24 ZIP areas in Bernalillo County and the 372 ZIP areas in New Mexico.

Statewide rank

Where this ZIP places among all 372 New Mexico ZIP areas.

Income

richer than 83% of 276 state ZIPs

#46
Home value

Not published

—
Population

larger than 77% of 372 state ZIPs

#84

Comparable ZIP codes

New Mexico ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
88220Eddy County$79,668$192,600$1,218
87041Sandoval County$77,847$164,100$875
87930Sierra County$77,578$228,000—
87513Taos County$80,389$403,400—
88210Eddy County$80,423$213,900$925
87402San Juan County$76,992$269,100$1,042

Nearby ZIP codes

Other ZIP codes filed under Bernalillo County.

Adjacent ZIP Codes

Other ZIP codes in Bernalillo County, New Mexico.

ZIP 87116 questions

Common questions about this ZIP code.

Where is ZIP code 87116?
ZIP 87116 lies mostly in Bernalillo County, New Mexico. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 87116?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 87116 expensive to live in?
Median rent runs $1,744 a month, about 27% of median household income, and the median home is worth — — — against the typical New Mexico ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 87116, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.