What is the Best Neighborhoods USA ranking for Lee Acres?
Lee Acres is ranked #21 of 187 eligible neighborhoods in Albuquerque; #23 of 222 eligible neighborhoods in NM; and #1,343 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lee Acres
Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
70.0
Stability and Strength
79.4
Value Opportunity
68.5
Momentum
57.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Albuquerque, NM |
| County | Bernalillo County |
| National rank | #1,343 of 14,967 |
| State rank | #23 of 222 |
| City rank | #21 of 187 |
| County rank | #21 of 187 |
| National percentile | 91.0 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $545,957 |
| Year-over-year home value change | 0.3% |
| Month-over-month home value change | 0.38% |
| Home value to income ratio | 4.80 |
| Median household income | $113,649 |
| Bachelor's degree or higher | 49.9% |
| Civilian unemployment rate | 1.8% |
| Homeownership rate | 87.0% |
| Housing vacancy rate | 1.2% |
| Rent burden 30% or higher | 19.8% |
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 Lee Acres
Is Lee Acres one of the best neighborhoods in Albuquerque?
Lee Acres has a Best Neighborhoods USA Index of 70.0 and a city ranking of #21 of 187 eligible neighborhoods in Albuquerque.
How much are homes worth in Lee Acres?
The current Zillow Home Value Index for Lee Acres is approximately $545,957.
Are home values rising or falling in Lee Acres?
Zillow neighborhood values changed 0.3% year over year and 0.38% month over month.
What is the Neighborhood Momentum Score for Lee Acres?
Lee Acres has a Neighborhood Momentum Score of 57.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lee Acres?
The NDS-derived neighborhood median household income is approximately $113,649.
How affordable is Lee Acres relative to household income?
The current Zillow home-value-to-household-income ratio is 4.80. Price-to-income affordability is a major Value Opportunity input.
Is Lee Acres primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.0%.
What is the unemployment rate in Lee Acres?
The NDS-derived civilian unemployment rate is approximately 1.8%.
How educated are residents of Lee Acres?
Approximately 49.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lee Acres face high rent burden?
Approximately 19.8% 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 Lee Acres?
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 applications5
Estimated originations3
Home-purchase applications3
Origination rate50.6%
Home-purchase share46.6%
Average application loan$350,337
Total application loan amount$1,917,337
National application rank#13,626 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 29.9% YoY; originations 11.1% 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.