As FiveThirtyEight notes, turnout in the 2016 presidential election isn't dramatically lower than it was four years ago, according to the latest estimates. And with many mail-in and provision ballots still being counted, the 2016 turnout rate could still change:

Approximately 58.1 percent of eligible voters cast ballots in last week’s presidential election, according to the latest estimates from Michael McDonald, associate professor at the University of Florida, who gathers data at the U.S. Elections Project. That’s down only slightly from 2012, when turnout was 58.6 percent, and well above 2000’s rate of 54.2 percent. Turnout may end up being higher than in any presidential election year between 1972 and 2000....

We won’t have final turnout numbers for weeks or months because some states are still counting ballots; millions remain uncounted. That means estimates based solely on votes counted so far will understate turnout — though already more presidential votes have been counted this year than in 2012 (contrary to reports that fewer voters turned out this year). In the meantime, most news organizations rely on estimates from McDonald.

Here's a quick look at historic turnout in both midterm and general elections, according to estimates compiled by McDonald: