Neighborhood Profile

Sonora

Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
37.3
National rank: #11,779 of 14,967
Stability and Strength
43.8
Score
Value Opportunity
33.4
Score
Momentum
32.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAlbuquerque, NM
CountyBernalillo County
National rank#11,779 of 14,967
State rank#191 of 222
City rank#161 of 187
County rank#161 of 187
National percentile21.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$550,106
Year-over-year home value change-1.9%
Month-over-month home value change0.06%
Home value to income ratio7.72
Median household income$71,250
Bachelor's degree or higher22.6%
Civilian unemployment rate19.6%
Homeownership rate60.6%
Housing vacancy rate0.0%
Rent burden 30% or higher7.7%

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 Sonora

What is the Best Neighborhoods USA ranking for Sonora?

Sonora is ranked #161 of 187 eligible neighborhoods in Albuquerque; #191 of 222 eligible neighborhoods in NM; and #11,779 of 14,967 eligible neighborhoods in the United States.

Is Sonora one of the best neighborhoods in Albuquerque?

Sonora has a Best Neighborhoods USA Index of 37.3 and a city ranking of #161 of 187 eligible neighborhoods in Albuquerque.

How much are homes worth in Sonora?

The current Zillow Home Value Index for Sonora is approximately $550,106.

Are home values rising or falling in Sonora?

Zillow neighborhood values changed -1.9% year over year and 0.06% month over month.

What is the Neighborhood Momentum Score for Sonora?

Sonora has a Neighborhood Momentum Score of 32.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sonora?

The NDS-derived neighborhood median household income is approximately $71,250.

How affordable is Sonora relative to household income?

The current Zillow home-value-to-household-income ratio is 7.72. Price-to-income affordability is a major Value Opportunity input.

Is Sonora primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 60.6%.

What is the unemployment rate in Sonora?

The NDS-derived civilian unemployment rate is approximately 19.6%.

How educated are residents of Sonora?

Approximately 22.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sonora face high rent burden?

Approximately 7.7% 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 Sonora?

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 applications3
Estimated originations2
Home-purchase applications1
Origination rate60.4%
Home-purchase share45.2%
Average application loan$381,435
Total application loan amount$1,008,989
National application rank#14,407 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.0% YoY; originations 3.7% 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.