Neighborhood Profile

Alameda Depot

Las Cruces, NM | Dona Ana County
Scored premium profile
Best Neighborhoods USA Index
28.2
National rank: #13,759 of 14,967
Stability and Strength
29.7
Score
Value Opportunity
33.7
Score
Momentum
18.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLas Cruces, NM
CountyDona Ana County
National rank#13,759 of 14,967
State rank#217 of 222
City rankNot available
County rankNot available
National percentile8.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$264,225
Year-over-year home value change-3.8%
Month-over-month home value change-0.09%
Home value to income ratio5.74
Median household income$46,013
Bachelor's degree or higher46.8%
Civilian unemployment rate9.3%
Homeownership rate22.9%
Housing vacancy rate17.9%
Rent burden 30% or higher40.6%

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 Alameda Depot

What is the Best Neighborhoods USA ranking for Alameda Depot?

Alameda Depot is ranked No published Las Cruces rank is currently available; #217 of 222 eligible neighborhoods in NM; and #13,759 of 14,967 eligible neighborhoods in the United States.

Is Alameda Depot one of the best neighborhoods in Las Cruces?

Alameda Depot has a Best Neighborhoods USA Index of 28.2 and a city ranking of No published Las Cruces rank is currently available.

How much are homes worth in Alameda Depot?

The current Zillow Home Value Index for Alameda Depot is approximately $264,225.

Are home values rising or falling in Alameda Depot?

Zillow neighborhood values changed -3.8% year over year and -0.09% month over month.

What is the Neighborhood Momentum Score for Alameda Depot?

Alameda Depot has a Neighborhood Momentum Score of 18.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Alameda Depot?

The NDS-derived neighborhood median household income is approximately $46,013.

How affordable is Alameda Depot relative to household income?

The current Zillow home-value-to-household-income ratio is 5.74. Price-to-income affordability is a major Value Opportunity input.

Is Alameda Depot primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 22.9%.

What is the unemployment rate in Alameda Depot?

The NDS-derived civilian unemployment rate is approximately 9.3%.

How educated are residents of Alameda Depot?

Approximately 46.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Alameda Depot face high rent burden?

Approximately 40.6% 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 Alameda Depot?

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 applications33
Estimated originations15
Home-purchase applications17
Origination rate45.8%
Home-purchase share50.5%
Average application loan$148,243
Total application loan amount$4,956,274
National application rank#8,817 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -17.0% YoY; originations -25.8% 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.