What is the Best Neighborhoods USA ranking for Pelham Bay?
Pelham Bay is ranked #145 of 199 eligible neighborhoods in New York; #291 of 418 eligible neighborhoods in NY; and #9,826 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Pelham Bay
New York, NY | Bronx County
Scored premium profile
Best Neighborhoods USA Index
43.7
Stability and Strength
30.0
Value Opportunity
24.2
Momentum
93.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Bronx County |
| National rank | #9,826 of 14,967 |
| State rank | #291 of 418 |
| City rank | #145 of 199 |
| County rank | #11 of 32 |
| National percentile | 34.4 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $772,747 |
| Year-over-year home value change | 7.9% |
| Month-over-month home value change | 0.60% |
| Home value to income ratio | 13.15 |
| Median household income | $58,745 |
| Bachelor's degree or higher | 26.2% |
| Civilian unemployment rate | 7.8% |
| Homeownership rate | 29.1% |
| Housing vacancy rate | 6.0% |
| Rent burden 30% or higher | 57.2% |
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 Pelham Bay
Is Pelham Bay one of the best neighborhoods in New York?
Pelham Bay has a Best Neighborhoods USA Index of 43.7 and a city ranking of #145 of 199 eligible neighborhoods in New York.
How much are homes worth in Pelham Bay?
The current Zillow Home Value Index for Pelham Bay is approximately $772,747.
Are home values rising or falling in Pelham Bay?
Zillow neighborhood values changed 7.9% year over year and 0.60% month over month.
What is the Neighborhood Momentum Score for Pelham Bay?
Pelham Bay has a Neighborhood Momentum Score of 93.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Pelham Bay?
The NDS-derived neighborhood median household income is approximately $58,745.
How affordable is Pelham Bay relative to household income?
The current Zillow home-value-to-household-income ratio is 13.15. Price-to-income affordability is a major Value Opportunity input.
Is Pelham Bay primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 29.1%.
What is the unemployment rate in Pelham Bay?
The NDS-derived civilian unemployment rate is approximately 7.8%.
How educated are residents of Pelham Bay?
Approximately 26.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Pelham Bay face high rent burden?
Approximately 57.2% 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 Pelham Bay?
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 applications286
Estimated originations158
Home-purchase applications158
Origination rate55.1%
Home-purchase share55.1%
Average application loan$448,802
Total application loan amount$128,252,016
National application rank#1,279 of 14,874 rankable neighborhoods
Geometry coverage96.0%
Recent trend: Applications 11.3% YoY; originations 17.2% 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.