What is the Best Neighborhoods USA ranking for Bay Ridge?
Bay Ridge is ranked #76 of 199 eligible neighborhoods in New York; #168 of 418 eligible neighborhoods in NY; and #5,896 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bay Ridge
New York, NY | Kings County
Scored premium profile
Best Neighborhoods USA Index
54.6
Stability and Strength
50.0
Value Opportunity
35.7
Momentum
88.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Kings County |
| National rank | #5,896 of 14,967 |
| State rank | #168 of 418 |
| City rank | #76 of 199 |
| County rank | #17 of 45 |
| National percentile | 60.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,498,878 |
| Year-over-year home value change | 5.1% |
| Month-over-month home value change | 0.74% |
| Home value to income ratio | 15.88 |
| Median household income | $94,410 |
| Bachelor's degree or higher | 50.8% |
| Civilian unemployment rate | 6.7% |
| Homeownership rate | 35.6% |
| Housing vacancy rate | 6.8% |
| Rent burden 30% or higher | 45.4% |
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 Ridge
Is Bay Ridge one of the best neighborhoods in New York?
Bay Ridge has a Best Neighborhoods USA Index of 54.6 and a city ranking of #76 of 199 eligible neighborhoods in New York.
How much are homes worth in Bay Ridge?
The current Zillow Home Value Index for Bay Ridge is approximately $1,498,878.
Are home values rising or falling in Bay Ridge?
Zillow neighborhood values changed 5.1% year over year and 0.74% month over month.
What is the Neighborhood Momentum Score for Bay Ridge?
Bay Ridge has a Neighborhood Momentum Score of 88.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bay Ridge?
The NDS-derived neighborhood median household income is approximately $94,410.
How affordable is Bay Ridge relative to household income?
The current Zillow home-value-to-household-income ratio is 15.88. Price-to-income affordability is a major Value Opportunity input.
Is Bay Ridge primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 35.6%.
What is the unemployment rate in Bay Ridge?
The NDS-derived civilian unemployment rate is approximately 6.7%.
How educated are residents of Bay Ridge?
Approximately 50.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bay Ridge face high rent burden?
Approximately 45.4% 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 Ridge?
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 applications348
Estimated originations213
Home-purchase applications232
Origination rate61.3%
Home-purchase share66.5%
Average application loan$723,401
Total application loan amount$251,983,106
National application rank#949 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.9% YoY; originations 8.8% 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.