Neighborhood Profile

Babcock

Buffalo, NY | Erie County
Scored premium profile
Best Neighborhoods USA Index
28.9
National rank: #13,654 of 14,967
Stability and Strength
11.8
Score
Value Opportunity
5.6
Score
Momentum
89.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBuffalo, NY
CountyErie County
National rank#13,654 of 14,967
State rank#400 of 418
City rank#48 of 52
County rank#50 of 54
National percentile8.8
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$109,281
Year-over-year home value change5.2%
Month-over-month home value change0.80%
Home value to income ratio22.53
Median household income$4,850
Bachelor's degree or higher12.0%
Civilian unemployment rate22.5%
Homeownership rate45.1%
Housing vacancy rate13.8%
Rent burden 30% or higher60.8%

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 Babcock

What is the Best Neighborhoods USA ranking for Babcock?

Babcock is ranked #48 of 52 eligible neighborhoods in Buffalo; #400 of 418 eligible neighborhoods in NY; and #13,654 of 14,967 eligible neighborhoods in the United States.

Is Babcock one of the best neighborhoods in Buffalo?

Babcock has a Best Neighborhoods USA Index of 28.9 and a city ranking of #48 of 52 eligible neighborhoods in Buffalo.

How much are homes worth in Babcock?

The current Zillow Home Value Index for Babcock is approximately $109,281.

Are home values rising or falling in Babcock?

Zillow neighborhood values changed 5.2% year over year and 0.80% month over month.

What is the Neighborhood Momentum Score for Babcock?

Babcock has a Neighborhood Momentum Score of 89.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Babcock?

The NDS-derived neighborhood median household income is approximately $4,850.

How affordable is Babcock relative to household income?

The current Zillow home-value-to-household-income ratio is 22.53. Price-to-income affordability is a major Value Opportunity input.

Is Babcock primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.1%.

What is the unemployment rate in Babcock?

The NDS-derived civilian unemployment rate is approximately 22.5%.

How educated are residents of Babcock?

Approximately 12.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Babcock face high rent burden?

Approximately 60.8% 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 Babcock?

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 applications48
Estimated originations28
Home-purchase applications30
Origination rate57.2%
Home-purchase share61.5%
Average application loan$111,381
Total application loan amount$5,401,293
National application rank#7,356 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -15.1% YoY; originations -9.2% 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.