What is the Best Neighborhoods USA ranking for Canyon?
Canyon is ranked #8 of 20 eligible neighborhoods in Santa Fe; #105 of 222 eligible neighborhoods in NM; and #5,237 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Canyon
Santa Fe, NM | Santa Fe County
Scored premium profile
Best Neighborhoods USA Index
56.4
Stability and Strength
55.4
Value Opportunity
31.5
Momentum
93.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Santa Fe, NM |
| County | Santa Fe County |
| National rank | #5,237 of 14,967 |
| State rank | #105 of 222 |
| City rank | #8 of 20 |
| County rank | #8 of 20 |
| National percentile | 65.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,391,171 |
| Year-over-year home value change | 8.7% |
| Month-over-month home value change | 0.52% |
| Home value to income ratio | 15.42 |
| Median household income | $90,204 |
| Bachelor's degree or higher | 66.8% |
| Civilian unemployment rate | 9.7% |
| Homeownership rate | 77.7% |
| Housing vacancy rate | 18.0% |
| Rent burden 30% or higher | 39.4% |
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 Canyon
Is Canyon one of the best neighborhoods in Santa Fe?
Canyon has a Best Neighborhoods USA Index of 56.4 and a city ranking of #8 of 20 eligible neighborhoods in Santa Fe.
How much are homes worth in Canyon?
The current Zillow Home Value Index for Canyon is approximately $1,391,171.
Are home values rising or falling in Canyon?
Zillow neighborhood values changed 8.7% year over year and 0.52% month over month.
What is the Neighborhood Momentum Score for Canyon?
Canyon has a Neighborhood Momentum Score of 93.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Canyon?
The NDS-derived neighborhood median household income is approximately $90,204.
How affordable is Canyon relative to household income?
The current Zillow home-value-to-household-income ratio is 15.42. Price-to-income affordability is a major Value Opportunity input.
Is Canyon primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 77.7%.
What is the unemployment rate in Canyon?
The NDS-derived civilian unemployment rate is approximately 9.7%.
How educated are residents of Canyon?
Approximately 66.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Canyon face high rent burden?
Approximately 39.4% 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 Canyon?
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 applications4
Estimated originations3
Home-purchase applications2
Origination rate64.5%
Home-purchase share50.0%
Average application loan$606,108
Total application loan amount$2,499,200
National application rank#13,994 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.4% YoY; originations 14.9% 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.