What is the Best Neighborhoods USA ranking for Matheson Park?
Matheson Park is ranked #27 of 187 eligible neighborhoods in Albuquerque; #29 of 222 eligible neighborhoods in NM; and #1,527 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Matheson Park
Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
69.1
Stability and Strength
69.7
Value Opportunity
74.4
Momentum
60.6
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 | #1,527 of 14,967 |
| State rank | #29 of 222 |
| City rank | #27 of 187 |
| County rank | #27 of 187 |
| National percentile | 89.8 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $312,895 |
| Year-over-year home value change | 0.8% |
| Month-over-month home value change | 0.39% |
| Home value to income ratio | 2.97 |
| Median household income | $105,459 |
| Bachelor's degree or higher | 28.8% |
| Civilian unemployment rate | 1.6% |
| Homeownership rate | 79.2% |
| Housing vacancy rate | 4.5% |
| Rent burden 30% or higher | 14.9% |
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 Matheson Park
Is Matheson Park one of the best neighborhoods in Albuquerque?
Matheson Park has a Best Neighborhoods USA Index of 69.1 and a city ranking of #27 of 187 eligible neighborhoods in Albuquerque.
How much are homes worth in Matheson Park?
The current Zillow Home Value Index for Matheson Park is approximately $312,895.
Are home values rising or falling in Matheson Park?
Zillow neighborhood values changed 0.8% year over year and 0.39% month over month.
What is the Neighborhood Momentum Score for Matheson Park?
Matheson Park has a Neighborhood Momentum Score of 60.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Matheson Park?
The NDS-derived neighborhood median household income is approximately $105,459.
How affordable is Matheson Park relative to household income?
The current Zillow home-value-to-household-income ratio is 2.97. Price-to-income affordability is a major Value Opportunity input.
Is Matheson Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 79.2%.
What is the unemployment rate in Matheson Park?
The NDS-derived civilian unemployment rate is approximately 1.6%.
How educated are residents of Matheson Park?
Approximately 28.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Matheson Park face high rent burden?
Approximately 14.9% 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 Matheson Park?
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 applications31
Origination rate63.9%
Home-purchase share46.6%
Average application loan$156,433
Total application loan amount$10,553,221
National application rank#5,983 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 43.0% YoY; originations 41.7% 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.