What is the Best Neighborhoods USA ranking for Cottonwood Heights?
Cottonwood Heights is ranked #74 of 187 eligible neighborhoods in Albuquerque; #86 of 222 eligible neighborhoods in NM; and #4,222 of 14,967 eligible neighborhoods in the United States.
Is Cottonwood Heights one of the best neighborhoods in Albuquerque?
Cottonwood Heights has a Best Neighborhoods USA Index of 59.4 and a city ranking of #74 of 187 eligible neighborhoods in Albuquerque.
How much are homes worth in Cottonwood Heights?
The current Zillow Home Value Index for Cottonwood Heights is approximately $401,290.
Are home values rising or falling in Cottonwood Heights?
Zillow neighborhood values changed 0.7% year over year and 0.07% month over month.
What is the Neighborhood Momentum Score for Cottonwood Heights?
Cottonwood Heights has a Neighborhood Momentum Score of 51.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cottonwood Heights?
The NDS-derived neighborhood median household income is approximately $102,095.
How affordable is Cottonwood Heights relative to household income?
The current Zillow home-value-to-household-income ratio is 3.93. Price-to-income affordability is a major Value Opportunity input.
Is Cottonwood Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 60.5%.
What is the unemployment rate in Cottonwood Heights?
The NDS-derived civilian unemployment rate is approximately 6.4%.
How educated are residents of Cottonwood Heights?
Approximately 48.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cottonwood Heights face high rent burden?
Approximately 15.0% 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 Cottonwood Heights?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.