What is the Best Neighborhoods USA ranking for Mansion Area?
Mansion Area is ranked #24 of 26 eligible neighborhoods in Albany; #394 of 418 eligible neighborhoods in NY; and #13,490 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Mansion Area
Albany, NY | Albany County
Scored premium profile
Best Neighborhoods USA Index
29.9
Stability and Strength
26.6
Value Opportunity
24.3
Momentum
43.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Albany, NY |
| County | Albany County |
| National rank | #13,490 of 14,967 |
| State rank | #394 of 418 |
| City rank | #24 of 26 |
| County rank | #24 of 26 |
| National percentile | 9.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $246,172 |
| Year-over-year home value change | 1.3% |
| Month-over-month home value change | -0.55% |
| Home value to income ratio | 8.72 |
| Median household income | $28,217 |
| Bachelor's degree or higher | 28.9% |
| Civilian unemployment rate | 5.6% |
| Homeownership rate | 8.7% |
| Housing vacancy rate | 10.3% |
| Rent burden 30% or higher | 46.0% |
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 Mansion Area
Is Mansion Area one of the best neighborhoods in Albany?
Mansion Area has a Best Neighborhoods USA Index of 29.9 and a city ranking of #24 of 26 eligible neighborhoods in Albany.
How much are homes worth in Mansion Area?
The current Zillow Home Value Index for Mansion Area is approximately $246,172.
Are home values rising or falling in Mansion Area?
Zillow neighborhood values changed 1.3% year over year and -0.55% month over month.
What is the Neighborhood Momentum Score for Mansion Area?
Mansion Area has a Neighborhood Momentum Score of 43.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Mansion Area?
The NDS-derived neighborhood median household income is approximately $28,217.
How affordable is Mansion Area relative to household income?
The current Zillow home-value-to-household-income ratio is 8.72. Price-to-income affordability is a major Value Opportunity input.
Is Mansion Area primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 8.7%.
What is the unemployment rate in Mansion Area?
The NDS-derived civilian unemployment rate is approximately 5.6%.
How educated are residents of Mansion Area?
Approximately 28.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Mansion Area face high rent burden?
Approximately 46.0% 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 Mansion Area?
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 applications15
Estimated originations8
Home-purchase applications10
Origination rate56.3%
Home-purchase share64.5%
Average application loan$182,389
Total application loan amount$2,748,880
National application rank#11,460 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 28.5% YoY; originations 51.9% 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.