What is the Best Neighborhoods USA ranking for Bel-Air?
Bel-Air is ranked #147 of 187 eligible neighborhoods in Albuquerque; #176 of 222 eligible neighborhoods in NM; and #10,873 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bel-Air
Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
40.5
Stability and Strength
32.3
Value Opportunity
32.4
Momentum
64.8
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 | #10,873 of 14,967 |
| State rank | #176 of 222 |
| City rank | #147 of 187 |
| County rank | #147 of 187 |
| National percentile | 27.4 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $265,109 |
| Year-over-year home value change | 1.3% |
| Month-over-month home value change | 0.43% |
| Home value to income ratio | 5.46 |
| Median household income | $48,512 |
| Bachelor's degree or higher | 11.8% |
| Civilian unemployment rate | 11.3% |
| Homeownership rate | 72.0% |
| Housing vacancy rate | 4.4% |
| Rent burden 30% or higher | 46.2% |
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 Bel-Air
Is Bel-Air one of the best neighborhoods in Albuquerque?
Bel-Air has a Best Neighborhoods USA Index of 40.5 and a city ranking of #147 of 187 eligible neighborhoods in Albuquerque.
How much are homes worth in Bel-Air?
The current Zillow Home Value Index for Bel-Air is approximately $265,109.
Are home values rising or falling in Bel-Air?
Zillow neighborhood values changed 1.3% year over year and 0.43% month over month.
What is the Neighborhood Momentum Score for Bel-Air?
Bel-Air has a Neighborhood Momentum Score of 64.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bel-Air?
The NDS-derived neighborhood median household income is approximately $48,512.
How affordable is Bel-Air relative to household income?
The current Zillow home-value-to-household-income ratio is 5.46. Price-to-income affordability is a major Value Opportunity input.
Is Bel-Air primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 72.0%.
What is the unemployment rate in Bel-Air?
The NDS-derived civilian unemployment rate is approximately 11.3%.
How educated are residents of Bel-Air?
Approximately 11.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bel-Air face high rent burden?
Approximately 46.2% 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 Bel-Air?
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 applications67
Estimated originations43
Home-purchase applications41
Origination rate64.5%
Home-purchase share61.8%
Average application loan$146,549
Total application loan amount$9,781,963
National application rank#6,025 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -0.9% YoY; originations 22.4% 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.