What is the Best Neighborhoods USA ranking for Santa Barbara?
Santa Barbara is ranked #162 of 187 eligible neighborhoods in Albuquerque; #192 of 222 eligible neighborhoods in NM; and #11,946 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Santa Barbara
Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
36.7
Stability and Strength
27.5
Value Opportunity
42.0
Momentum
44.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Albuquerque, NM |
| County | Bernalillo County |
| National rank | #11,946 of 14,967 |
| State rank | #192 of 222 |
| City rank | #162 of 187 |
| County rank | #162 of 187 |
| National percentile | 20.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $224,615 |
| Year-over-year home value change | -0.8% |
| Month-over-month home value change | 0.20% |
| Home value to income ratio | 4.75 |
| Median household income | $47,267 |
| Bachelor's degree or higher | 38.6% |
| Civilian unemployment rate | 8.3% |
| Homeownership rate | 31.2% |
| Housing vacancy rate | 7.5% |
| Rent burden 30% or higher | 67.4% |
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 Santa Barbara
Is Santa Barbara one of the best neighborhoods in Albuquerque?
Santa Barbara has a Best Neighborhoods USA Index of 36.7 and a city ranking of #162 of 187 eligible neighborhoods in Albuquerque.
How much are homes worth in Santa Barbara?
The current Zillow Home Value Index for Santa Barbara is approximately $224,615.
Are home values rising or falling in Santa Barbara?
Zillow neighborhood values changed -0.8% year over year and 0.20% month over month.
What is the Neighborhood Momentum Score for Santa Barbara?
Santa Barbara has a Neighborhood Momentum Score of 44.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Santa Barbara?
The NDS-derived neighborhood median household income is approximately $47,267.
How affordable is Santa Barbara relative to household income?
The current Zillow home-value-to-household-income ratio is 4.75. Price-to-income affordability is a major Value Opportunity input.
Is Santa Barbara primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 31.2%.
What is the unemployment rate in Santa Barbara?
The NDS-derived civilian unemployment rate is approximately 8.3%.
How educated are residents of Santa Barbara?
Approximately 38.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Santa Barbara face high rent burden?
Approximately 67.4% 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 Santa Barbara?
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 applications69
Estimated originations31
Home-purchase applications36
Origination rate44.7%
Home-purchase share52.3%
Average application loan$144,619
Total application loan amount$10,003,132
National application rank#5,866 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 45.2% YoY; originations 34.7% 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.