Neighborhood Profile

Snow Heights

Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
40.5
National rank: #10,865 of 14,967
Stability and Strength
43.9
Score
Value Opportunity
48.8
Score
Momentum
23.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAlbuquerque, NM
CountyBernalillo County
National rank#10,865 of 14,967
State rank#175 of 222
City rank#146 of 187
County rank#146 of 187
National percentile27.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$309,043
Year-over-year home value change-1.9%
Month-over-month home value change-0.28%
Home value to income ratio4.48
Median household income$68,953
Bachelor's degree or higher39.0%
Civilian unemployment rate10.2%
Homeownership rate57.9%
Housing vacancy rate4.9%
Rent burden 30% or higher40.9%

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 Snow Heights

What is the Best Neighborhoods USA ranking for Snow Heights?

Snow Heights is ranked #146 of 187 eligible neighborhoods in Albuquerque; #175 of 222 eligible neighborhoods in NM; and #10,865 of 14,967 eligible neighborhoods in the United States.

Is Snow Heights one of the best neighborhoods in Albuquerque?

Snow Heights has a Best Neighborhoods USA Index of 40.5 and a city ranking of #146 of 187 eligible neighborhoods in Albuquerque.

How much are homes worth in Snow Heights?

The current Zillow Home Value Index for Snow Heights is approximately $309,043.

Are home values rising or falling in Snow Heights?

Zillow neighborhood values changed -1.9% year over year and -0.28% month over month.

What is the Neighborhood Momentum Score for Snow Heights?

Snow Heights has a Neighborhood Momentum Score of 23.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Snow Heights?

The NDS-derived neighborhood median household income is approximately $68,953.

How affordable is Snow Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 4.48. Price-to-income affordability is a major Value Opportunity input.

Is Snow Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 57.9%.

What is the unemployment rate in Snow Heights?

The NDS-derived civilian unemployment rate is approximately 10.2%.

How educated are residents of Snow Heights?

Approximately 39.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Snow Heights face high rent burden?

Approximately 40.9% 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 Snow Heights?

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

FULL_OR_NEAR_FULL

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 applications41
Estimated originations24
Home-purchase applications19
Origination rate59.5%
Home-purchase share46.8%
Average application loan$162,508
Total application loan amount$6,662,404
National application rank#8,046 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 33.9% YoY; originations 23.7% 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.