Neighborhood Profile

Wakefield

New York, NY | Bronx County
Scored premium profile
Best Neighborhoods USA Index
45.5
National rank: #9,206 of 14,967
Stability and Strength
36.5
Score
Value Opportunity
28.4
Score
Momentum
83.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyBronx County
National rank#9,206 of 14,967
State rank#266 of 418
City rank#133 of 199
County rank#10 of 32
National percentile38.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$675,589
Year-over-year home value change5.0%
Month-over-month home value change0.39%
Home value to income ratio10.17
Median household income$66,456
Bachelor's degree or higher31.4%
Civilian unemployment rate11.6%
Homeownership rate54.8%
Housing vacancy rate4.1%
Rent burden 30% or higher57.7%

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 Wakefield

What is the Best Neighborhoods USA ranking for Wakefield?

Wakefield is ranked #133 of 199 eligible neighborhoods in New York; #266 of 418 eligible neighborhoods in NY; and #9,206 of 14,967 eligible neighborhoods in the United States.

Is Wakefield one of the best neighborhoods in New York?

Wakefield has a Best Neighborhoods USA Index of 45.5 and a city ranking of #133 of 199 eligible neighborhoods in New York.

How much are homes worth in Wakefield?

The current Zillow Home Value Index for Wakefield is approximately $675,589.

Are home values rising or falling in Wakefield?

Zillow neighborhood values changed 5.0% year over year and 0.39% month over month.

What is the Neighborhood Momentum Score for Wakefield?

Wakefield has a Neighborhood Momentum Score of 83.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Wakefield?

The NDS-derived neighborhood median household income is approximately $66,456.

How affordable is Wakefield relative to household income?

The current Zillow home-value-to-household-income ratio is 10.17. Price-to-income affordability is a major Value Opportunity input.

Is Wakefield primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 54.8%.

What is the unemployment rate in Wakefield?

The NDS-derived civilian unemployment rate is approximately 11.6%.

How educated are residents of Wakefield?

Approximately 31.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Wakefield face high rent burden?

Approximately 57.7% 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 Wakefield?

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 applications454
Estimated originations185
Home-purchase applications185
Origination rate40.8%
Home-purchase share40.6%
Average application loan$431,724
Total application loan amount$196,193,759
National application rank#648 of 14,874 rankable neighborhoods
Geometry coverage99.9%
Recent trend: Applications 4.3% YoY; originations -3.5% 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.