What is the Best Neighborhoods USA ranking for Pelham Gardens?
Pelham Gardens is ranked #88 of 199 eligible neighborhoods in New York; #188 of 418 eligible neighborhoods in NY; and #6,656 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Pelham Gardens
New York, NY | Bronx County
Scored premium profile
Best Neighborhoods USA Index
52.6
Stability and Strength
44.9
Value Opportunity
37.0
Momentum
86.8
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 | #6,656 of 14,967 |
| State rank | #188 of 418 |
| City rank | #88 of 199 |
| County rank | #5 of 32 |
| National percentile | 55.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $777,560 |
| Year-over-year home value change | 6.1% |
| Month-over-month home value change | 0.37% |
| Home value to income ratio | 8.16 |
| Median household income | $95,347 |
| Bachelor's degree or higher | 33.6% |
| Civilian unemployment rate | 8.1% |
| Homeownership rate | 54.1% |
| Housing vacancy rate | 7.6% |
| Rent burden 30% or higher | 53.5% |
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 Gardens
Is Pelham Gardens one of the best neighborhoods in New York?
Pelham Gardens has a Best Neighborhoods USA Index of 52.6 and a city ranking of #88 of 199 eligible neighborhoods in New York.
How much are homes worth in Pelham Gardens?
The current Zillow Home Value Index for Pelham Gardens is approximately $777,560.
Are home values rising or falling in Pelham Gardens?
Zillow neighborhood values changed 6.1% year over year and 0.37% month over month.
What is the Neighborhood Momentum Score for Pelham Gardens?
Pelham Gardens has a Neighborhood Momentum Score of 86.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Pelham Gardens?
The NDS-derived neighborhood median household income is approximately $95,347.
How affordable is Pelham Gardens relative to household income?
The current Zillow home-value-to-household-income ratio is 8.16. Price-to-income affordability is a major Value Opportunity input.
Is Pelham Gardens primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 54.1%.
What is the unemployment rate in Pelham Gardens?
The NDS-derived civilian unemployment rate is approximately 8.1%.
How educated are residents of Pelham Gardens?
Approximately 33.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Pelham Gardens face high rent burden?
Approximately 53.5% 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 Gardens?
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 applications396
Estimated originations199
Home-purchase applications184
Origination rate50.3%
Home-purchase share46.5%
Average application loan$455,195
Total application loan amount$180,294,735
National application rankNot rankable
Geometry coverage94.9%
Recent trend: Applications 13.5% YoY; originations 19.2% 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.