Neighborhood Profile

Bedford Park

New York, NY | Bronx County
Scored premium profile
Best Neighborhoods USA Index
32.3
National rank: #13,015 of 14,967
Stability and Strength
20.4
Score
Value Opportunity
18.0
Score
Momentum
71.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyBronx County
National rank#13,015 of 14,967
State rank#385 of 418
City rank#185 of 199
County rank#25 of 32
National percentile13.0
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$648,754
Year-over-year home value change2.3%
Month-over-month home value change0.44%
Home value to income ratio14.74
Median household income$44,028
Bachelor's degree or higher22.8%
Civilian unemployment rate11.5%
Homeownership rate11.3%
Housing vacancy rate5.5%
Rent burden 30% or higher61.8%

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 Bedford Park

What is the Best Neighborhoods USA ranking for Bedford Park?

Bedford Park is ranked #185 of 199 eligible neighborhoods in New York; #385 of 418 eligible neighborhoods in NY; and #13,015 of 14,967 eligible neighborhoods in the United States.

Is Bedford Park one of the best neighborhoods in New York?

Bedford Park has a Best Neighborhoods USA Index of 32.3 and a city ranking of #185 of 199 eligible neighborhoods in New York.

How much are homes worth in Bedford Park?

The current Zillow Home Value Index for Bedford Park is approximately $648,754.

Are home values rising or falling in Bedford Park?

Zillow neighborhood values changed 2.3% year over year and 0.44% month over month.

What is the Neighborhood Momentum Score for Bedford Park?

Bedford Park has a Neighborhood Momentum Score of 71.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Bedford Park?

The NDS-derived neighborhood median household income is approximately $44,028.

How affordable is Bedford Park relative to household income?

The current Zillow home-value-to-household-income ratio is 14.74. Price-to-income affordability is a major Value Opportunity input.

Is Bedford Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 11.3%.

What is the unemployment rate in Bedford Park?

The NDS-derived civilian unemployment rate is approximately 11.5%.

How educated are residents of Bedford Park?

Approximately 22.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Bedford Park face high rent burden?

Approximately 61.8% 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 Bedford Park?

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 applications160
Estimated originations72
Home-purchase applications93
Origination rate45.2%
Home-purchase share58.5%
Average application loan$1,055,771
Total application loan amount$168,459,156
National application rank#2,748 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.5% YoY; originations -14.0% 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.