What is the Best Neighborhoods USA ranking for Old Niskayuna?
Old Niskayuna is ranked #2 of 13 eligible neighborhoods in Schenectady; #4 of 418 eligible neighborhoods in NY; and #314 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Old Niskayuna
Schenectady, NY | Schenectady County
Scored premium profile
Best Neighborhoods USA Index
78.4
Stability and Strength
72.7
Value Opportunity
77.1
Momentum
89.2
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 | #314 of 14,967 |
| State rank | #4 of 418 |
| City rank | #2 of 13 |
| County rank | #2 of 13 |
| National percentile | 97.9 |
| National band | TOP_5_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $381,823 |
| Year-over-year home value change | 5.6% |
| Month-over-month home value change | 0.64% |
| Home value to income ratio | 3.25 |
| Median household income | $117,393 |
| Bachelor's degree or higher | 66.7% |
| Civilian unemployment rate | 3.3% |
| Homeownership rate | 71.7% |
| Housing vacancy rate | 6.3% |
| Rent burden 30% or higher | 38.7% |
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 Old Niskayuna
Is Old Niskayuna one of the best neighborhoods in Schenectady?
Old Niskayuna has a Best Neighborhoods USA Index of 78.4 and a city ranking of #2 of 13 eligible neighborhoods in Schenectady.
How much are homes worth in Old Niskayuna?
The current Zillow Home Value Index for Old Niskayuna is approximately $381,823.
Are home values rising or falling in Old Niskayuna?
Zillow neighborhood values changed 5.6% year over year and 0.64% month over month.
What is the Neighborhood Momentum Score for Old Niskayuna?
Old Niskayuna has a Neighborhood Momentum Score of 89.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Old Niskayuna?
The NDS-derived neighborhood median household income is approximately $117,393.
How affordable is Old Niskayuna relative to household income?
The current Zillow home-value-to-household-income ratio is 3.25. Price-to-income affordability is a major Value Opportunity input.
Is Old Niskayuna primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 71.7%.
What is the unemployment rate in Old Niskayuna?
The NDS-derived civilian unemployment rate is approximately 3.3%.
How educated are residents of Old Niskayuna?
Approximately 66.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Old Niskayuna face high rent burden?
Approximately 38.7% 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 Old Niskayuna?
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 applications175
Estimated originations130
Home-purchase applications88
Origination rate74.0%
Home-purchase share50.5%
Average application loan$509,450
Total application loan amount$89,176,540
National application rank#2,471 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -21.1% YoY; originations -15.1% 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.