What is the Best Neighborhoods USA ranking for Seneca?
Seneca is ranked #15 of 52 eligible neighborhoods in Buffalo; #192 of 418 eligible neighborhoods in NY; and #6,735 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Seneca
Buffalo, NY | Erie County
Scored premium profile
Best Neighborhoods USA Index
52.4
Stability and Strength
44.0
Value Opportunity
56.4
Momentum
60.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Buffalo, NY |
| County | Erie County |
| National rank | #6,735 of 14,967 |
| State rank | #192 of 418 |
| City rank | #15 of 52 |
| County rank | #17 of 54 |
| National percentile | 55.0 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $188,943 |
| Year-over-year home value change | 3.3% |
| Month-over-month home value change | -0.20% |
| Home value to income ratio | 3.74 |
| Median household income | $50,551 |
| Bachelor's degree or higher | 27.9% |
| Civilian unemployment rate | 2.8% |
| Homeownership rate | 41.1% |
| Housing vacancy rate | 5.0% |
| Rent burden 30% or higher | 38.9% |
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 Seneca
Is Seneca one of the best neighborhoods in Buffalo?
Seneca has a Best Neighborhoods USA Index of 52.4 and a city ranking of #15 of 52 eligible neighborhoods in Buffalo.
How much are homes worth in Seneca?
The current Zillow Home Value Index for Seneca is approximately $188,943.
Are home values rising or falling in Seneca?
Zillow neighborhood values changed 3.3% year over year and -0.20% month over month.
What is the Neighborhood Momentum Score for Seneca?
Seneca has a Neighborhood Momentum Score of 60.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Seneca?
The NDS-derived neighborhood median household income is approximately $50,551.
How affordable is Seneca relative to household income?
The current Zillow home-value-to-household-income ratio is 3.74. Price-to-income affordability is a major Value Opportunity input.
Is Seneca primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 41.1%.
What is the unemployment rate in Seneca?
The NDS-derived civilian unemployment rate is approximately 2.8%.
How educated are residents of Seneca?
Approximately 27.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Seneca face high rent burden?
Approximately 38.9% 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 Seneca?
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 applications81
Estimated originations55
Home-purchase applications41
Origination rate67.9%
Home-purchase share50.9%
Average application loan$123,833
Total application loan amount$10,070,468
National application rank#5,163 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.9% YoY; originations 16.1% 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.