Neighborhood Profile

Fruit Belt

Buffalo, NY | Erie County
Scored premium profile
Best Neighborhoods USA Index
34.7
National rank: #12,480 of 14,967
Stability and Strength
33.7
Score
Value Opportunity
31.0
Score
Momentum
41.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBuffalo, NY
CountyErie County
National rank#12,480 of 14,967
State rank#366 of 418
City rank#46 of 52
County rank#48 of 54
National percentile16.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$119,563
Year-over-year home value change-2.8%
Month-over-month home value change1.71%
Home value to income ratio6.78
Median household income$17,627
Bachelor's degree or higher17.4%
Civilian unemployment rate0.9%
Homeownership rate44.6%
Housing vacancy rate17.6%
Rent burden 30% or higher47.7%

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 Fruit Belt

What is the Best Neighborhoods USA ranking for Fruit Belt?

Fruit Belt is ranked #46 of 52 eligible neighborhoods in Buffalo; #366 of 418 eligible neighborhoods in NY; and #12,480 of 14,967 eligible neighborhoods in the United States.

Is Fruit Belt one of the best neighborhoods in Buffalo?

Fruit Belt has a Best Neighborhoods USA Index of 34.7 and a city ranking of #46 of 52 eligible neighborhoods in Buffalo.

How much are homes worth in Fruit Belt?

The current Zillow Home Value Index for Fruit Belt is approximately $119,563.

Are home values rising or falling in Fruit Belt?

Zillow neighborhood values changed -2.8% year over year and 1.71% month over month.

What is the Neighborhood Momentum Score for Fruit Belt?

Fruit Belt has a Neighborhood Momentum Score of 41.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fruit Belt?

The NDS-derived neighborhood median household income is approximately $17,627.

How affordable is Fruit Belt relative to household income?

The current Zillow home-value-to-household-income ratio is 6.78. Price-to-income affordability is a major Value Opportunity input.

Is Fruit Belt primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 44.6%.

What is the unemployment rate in Fruit Belt?

The NDS-derived civilian unemployment rate is approximately 0.9%.

How educated are residents of Fruit Belt?

Approximately 17.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fruit Belt face high rent burden?

Approximately 47.7% 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 Fruit Belt?

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 applications25
Estimated originations13
Home-purchase applications15
Origination rate51.6%
Home-purchase share61.5%
Average application loan$109,692
Total application loan amount$2,759,832
National application rank#9,895 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -19.1% YoY; originations -21.0% 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.