Neighborhood Profile

Broadmoor

Rio Rancho, NM | Sandoval County
Scored premium profile
Best Neighborhoods USA Index
59.3
National rank: #4,253 of 14,967
Stability and Strength
56.6
Score
Value Opportunity
59.9
Score
Momentum
62.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRio Rancho, NM
CountySandoval County
National rank#4,253 of 14,967
State rank#87 of 222
City rank#6 of 13
County rank#6 of 13
National percentile71.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$342,825
Year-over-year home value change2.2%
Month-over-month home value change0.09%
Home value to income ratio4.27
Median household income$80,262
Bachelor's degree or higher36.3%
Civilian unemployment rate4.2%
Homeownership rate91.4%
Housing vacancy rate2.1%
Rent burden 30% or higher71.0%

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 Broadmoor

What is the Best Neighborhoods USA ranking for Broadmoor?

Broadmoor is ranked #6 of 13 eligible neighborhoods in Rio Rancho; #87 of 222 eligible neighborhoods in NM; and #4,253 of 14,967 eligible neighborhoods in the United States.

Is Broadmoor one of the best neighborhoods in Rio Rancho?

Broadmoor has a Best Neighborhoods USA Index of 59.3 and a city ranking of #6 of 13 eligible neighborhoods in Rio Rancho.

How much are homes worth in Broadmoor?

The current Zillow Home Value Index for Broadmoor is approximately $342,825.

Are home values rising or falling in Broadmoor?

Zillow neighborhood values changed 2.2% year over year and 0.09% month over month.

What is the Neighborhood Momentum Score for Broadmoor?

Broadmoor has a Neighborhood Momentum Score of 62.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Broadmoor?

The NDS-derived neighborhood median household income is approximately $80,262.

How affordable is Broadmoor relative to household income?

The current Zillow home-value-to-household-income ratio is 4.27. Price-to-income affordability is a major Value Opportunity input.

Is Broadmoor primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 91.4%.

What is the unemployment rate in Broadmoor?

The NDS-derived civilian unemployment rate is approximately 4.2%.

How educated are residents of Broadmoor?

Approximately 36.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Broadmoor face high rent burden?

Approximately 71.0% 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 Broadmoor?

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 applications59
Estimated originations33
Home-purchase applications26
Origination rate56.2%
Home-purchase share45.0%
Average application loan$183,922
Total application loan amount$10,825,414
National application rank#6,582 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.2% YoY; originations 21.2% 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.