What is the Best Neighborhoods USA ranking for Bay Terrace?
Bay Terrace is ranked #53 of 199 eligible neighborhoods in New York; #124 of 418 eligible neighborhoods in NY; and #4,337 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bay Terrace
New York, NY | Richmond County
Scored premium profile
Best Neighborhoods USA Index
59.0
Stability and Strength
57.6
Value Opportunity
45.3
Momentum
80.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Richmond County |
| National rank | #4,337 of 14,967 |
| State rank | #124 of 418 |
| City rank | #53 of 199 |
| County rank | #26 of 50 |
| National percentile | 71.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $752,006 |
| Year-over-year home value change | 5.3% |
| Month-over-month home value change | 0.20% |
| Home value to income ratio | 7.23 |
| Median household income | $103,944 |
| Bachelor's degree or higher | 48.9% |
| Civilian unemployment rate | 5.5% |
| Homeownership rate | 72.5% |
| Housing vacancy rate | 9.6% |
| Rent burden 30% or higher | 52.0% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Bay Terrace
Is Bay Terrace one of the best neighborhoods in New York?
Bay Terrace has a Best Neighborhoods USA Index of 59.0 and a city ranking of #53 of 199 eligible neighborhoods in New York.
How much are homes worth in Bay Terrace?
The current Zillow Home Value Index for Bay Terrace is approximately $752,006.
Are home values rising or falling in Bay Terrace?
Zillow neighborhood values changed 5.3% year over year and 0.20% month over month.
What is the Neighborhood Momentum Score for Bay Terrace?
Bay Terrace has a Neighborhood Momentum Score of 80.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bay Terrace?
The NDS-derived neighborhood median household income is approximately $103,944.
How affordable is Bay Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 7.23. Price-to-income affordability is a major Value Opportunity input.
Is Bay Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 72.5%.
What is the unemployment rate in Bay Terrace?
The NDS-derived civilian unemployment rate is approximately 5.5%.
How educated are residents of Bay Terrace?
Approximately 48.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bay Terrace face high rent burden?
Approximately 52.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Bay Terrace?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications288
Estimated originations180
Home-purchase applications203
Origination rate62.5%
Home-purchase share70.5%
Average application loan$339,219
Total application loan amount$97,751,444
National application rankNot rankable
Geometry coverage82.6%
Recent trend: Applications -10.2% YoY; originations -5.6% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.