Neighborhood Profile

Broadway Central

Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
38.8
National rank: #11,372 of 14,967
Stability and Strength
46.6
Score
Value Opportunity
41.1
Score
Momentum
22.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAlbuquerque, NM
CountyBernalillo County
National rank#11,372 of 14,967
State rank#184 of 222
City rank#154 of 187
County rank#154 of 187
National percentile24.0
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$342,556
Year-over-year home value change-2.6%
Month-over-month home value change-0.12%
Home value to income ratio7.24
Median household income$47,333
Bachelor's degree or higher68.6%
Civilian unemployment rate2.5%
Homeownership rate33.6%
Housing vacancy rate16.1%
Rent burden 30% or higher48.2%

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 Broadway Central

What is the Best Neighborhoods USA ranking for Broadway Central?

Broadway Central is ranked #154 of 187 eligible neighborhoods in Albuquerque; #184 of 222 eligible neighborhoods in NM; and #11,372 of 14,967 eligible neighborhoods in the United States.

Is Broadway Central one of the best neighborhoods in Albuquerque?

Broadway Central has a Best Neighborhoods USA Index of 38.8 and a city ranking of #154 of 187 eligible neighborhoods in Albuquerque.

How much are homes worth in Broadway Central?

The current Zillow Home Value Index for Broadway Central is approximately $342,556.

Are home values rising or falling in Broadway Central?

Zillow neighborhood values changed -2.6% year over year and -0.12% month over month.

What is the Neighborhood Momentum Score for Broadway Central?

Broadway Central has a Neighborhood Momentum Score of 22.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Broadway Central?

The NDS-derived neighborhood median household income is approximately $47,333.

How affordable is Broadway Central relative to household income?

The current Zillow home-value-to-household-income ratio is 7.24. Price-to-income affordability is a major Value Opportunity input.

Is Broadway Central primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 33.6%.

What is the unemployment rate in Broadway Central?

The NDS-derived civilian unemployment rate is approximately 2.5%.

How educated are residents of Broadway Central?

Approximately 68.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Broadway Central face high rent burden?

Approximately 48.2% 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 Broadway Central?

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 applications35
Estimated originations17
Home-purchase applications19
Origination rate47.7%
Home-purchase share52.7%
Average application loan$205,435
Total application loan amount$7,253,452
National application rank#8,620 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.8% YoY; originations -18.6% 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.