What is the Best Neighborhoods USA ranking for Quintessance?
Quintessance is ranked #19 of 187 eligible neighborhoods in Albuquerque; #21 of 222 eligible neighborhoods in NM; and #1,277 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Quintessance
Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
70.4
Stability and Strength
74.0
Value Opportunity
81.0
Momentum
49.9
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 | #1,277 of 14,967 |
| State rank | #21 of 222 |
| City rank | #19 of 187 |
| County rank | #19 of 187 |
| National percentile | 91.5 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $618,432 |
| Year-over-year home value change | -0.4% |
| Month-over-month home value change | 0.31% |
| Home value to income ratio | 3.16 |
| Median household income | $195,501 |
| Bachelor's degree or higher | 73.1% |
| Civilian unemployment rate | 2.2% |
| Homeownership rate | 91.3% |
| Housing vacancy rate | 13.3% |
| Rent burden 30% or higher | 99.9% |
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 Quintessance
Is Quintessance one of the best neighborhoods in Albuquerque?
Quintessance has a Best Neighborhoods USA Index of 70.4 and a city ranking of #19 of 187 eligible neighborhoods in Albuquerque.
How much are homes worth in Quintessance?
The current Zillow Home Value Index for Quintessance is approximately $618,432.
Are home values rising or falling in Quintessance?
Zillow neighborhood values changed -0.4% year over year and 0.31% month over month.
What is the Neighborhood Momentum Score for Quintessance?
Quintessance has a Neighborhood Momentum Score of 49.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Quintessance?
The NDS-derived neighborhood median household income is approximately $195,501.
How affordable is Quintessance relative to household income?
The current Zillow home-value-to-household-income ratio is 3.16. Price-to-income affordability is a major Value Opportunity input.
Is Quintessance primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 91.3%.
What is the unemployment rate in Quintessance?
The NDS-derived civilian unemployment rate is approximately 2.2%.
How educated are residents of Quintessance?
Approximately 73.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Quintessance face high rent burden?
Approximately 99.9% 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 Quintessance?
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 applications36
Estimated originations22
Home-purchase applications21
Origination rate62.0%
Home-purchase share57.2%
Average application loan$369,487
Total application loan amount$13,320,897
National application rank#8,536 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 40.5% YoY; originations 27.5% 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.