What is the Best Neighborhoods USA ranking for Bellevue?
Bellevue is ranked #7 of 13 eligible neighborhoods in Schenectady; #230 of 418 eligible neighborhoods in NY; and #8,040 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bellevue
Schenectady, NY | Schenectady County
Scored premium profile
Best Neighborhoods USA Index
48.9
Stability and Strength
32.5
Value Opportunity
47.7
Momentum
76.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Schenectady, NY |
| County | Schenectady County |
| National rank | #8,040 of 14,967 |
| State rank | #230 of 418 |
| City rank | #7 of 13 |
| County rank | #7 of 13 |
| National percentile | 46.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $232,558 |
| Year-over-year home value change | 4.3% |
| Month-over-month home value change | 0.18% |
| Home value to income ratio | 3.61 |
| Median household income | $64,509 |
| Bachelor's degree or higher | 25.6% |
| Civilian unemployment rate | 10.8% |
| Homeownership rate | 51.2% |
| Housing vacancy rate | 10.7% |
| Rent burden 30% or higher | 47.1% |
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 Bellevue
Is Bellevue one of the best neighborhoods in Schenectady?
Bellevue has a Best Neighborhoods USA Index of 48.9 and a city ranking of #7 of 13 eligible neighborhoods in Schenectady.
How much are homes worth in Bellevue?
The current Zillow Home Value Index for Bellevue is approximately $232,558.
Are home values rising or falling in Bellevue?
Zillow neighborhood values changed 4.3% year over year and 0.18% month over month.
What is the Neighborhood Momentum Score for Bellevue?
Bellevue has a Neighborhood Momentum Score of 76.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bellevue?
The NDS-derived neighborhood median household income is approximately $64,509.
How affordable is Bellevue relative to household income?
The current Zillow home-value-to-household-income ratio is 3.61. Price-to-income affordability is a major Value Opportunity input.
Is Bellevue primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 51.2%.
What is the unemployment rate in Bellevue?
The NDS-derived civilian unemployment rate is approximately 10.8%.
How educated are residents of Bellevue?
Approximately 25.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bellevue face high rent burden?
Approximately 47.1% 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 Bellevue?
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 applications222
Estimated originations125
Home-purchase applications127
Origination rate56.1%
Home-purchase share57.1%
Average application loan$245,046
Total application loan amount$54,448,485
National application rank#1,796 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -22.6% YoY; originations -23.1% 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.