Neighborhood Profile

Buckingham Lake - Crestwood

Albany, NY | Albany County
Scored premium profile
Best Neighborhoods USA Index
69.6
National rank: #1,431 of 14,967
Stability and Strength
67.2
Score
Value Opportunity
60.5
Score
Momentum
86.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAlbany, NY
CountyAlbany County
National rank#1,431 of 14,967
State rank#32 of 418
City rank#5 of 26
County rank#5 of 26
National percentile90.5
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$387,828
Year-over-year home value change5.7%
Month-over-month home value change0.39%
Home value to income ratio4.76
Median household income$81,494
Bachelor's degree or higher60.5%
Civilian unemployment rate3.1%
Homeownership rate77.0%
Housing vacancy rate6.7%
Rent burden 30% or higher32.4%

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 Buckingham Lake - Crestwood

What is the Best Neighborhoods USA ranking for Buckingham Lake - Crestwood?

Buckingham Lake - Crestwood is ranked #5 of 26 eligible neighborhoods in Albany; #32 of 418 eligible neighborhoods in NY; and #1,431 of 14,967 eligible neighborhoods in the United States.

Is Buckingham Lake - Crestwood one of the best neighborhoods in Albany?

Buckingham Lake - Crestwood has a Best Neighborhoods USA Index of 69.6 and a city ranking of #5 of 26 eligible neighborhoods in Albany.

How much are homes worth in Buckingham Lake - Crestwood?

The current Zillow Home Value Index for Buckingham Lake - Crestwood is approximately $387,828.

Are home values rising or falling in Buckingham Lake - Crestwood?

Zillow neighborhood values changed 5.7% year over year and 0.39% month over month.

What is the Neighborhood Momentum Score for Buckingham Lake - Crestwood?

Buckingham Lake - Crestwood has a Neighborhood Momentum Score of 86.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Buckingham Lake - Crestwood?

The NDS-derived neighborhood median household income is approximately $81,494.

How affordable is Buckingham Lake - Crestwood relative to household income?

The current Zillow home-value-to-household-income ratio is 4.76. Price-to-income affordability is a major Value Opportunity input.

Is Buckingham Lake - Crestwood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 77.0%.

What is the unemployment rate in Buckingham Lake - Crestwood?

The NDS-derived civilian unemployment rate is approximately 3.1%.

How educated are residents of Buckingham Lake - Crestwood?

Approximately 60.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Buckingham Lake - Crestwood face high rent burden?

Approximately 32.4% 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 Buckingham Lake - Crestwood?

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 applications137
Estimated originations83
Home-purchase applications63
Origination rate60.5%
Home-purchase share46.4%
Average application loan$203,884
Total application loan amount$27,907,102
National application rank#3,224 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 3.2% YoY; originations -13.7% 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.