What is the Best Neighborhoods USA ranking for Arverne?
Arverne is ranked #136 of 199 eligible neighborhoods in New York; #271 of 418 eligible neighborhoods in NY; and #9,425 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Arverne
New York, NY | Queens County
Scored premium profile
Best Neighborhoods USA Index
44.9
Stability and Strength
41.2
Value Opportunity
35.5
Momentum
63.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Queens County |
| National rank | #9,425 of 14,967 |
| State rank | #271 of 418 |
| City rank | #136 of 199 |
| County rank | #38 of 48 |
| National percentile | 37.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $667,685 |
| Year-over-year home value change | 2.9% |
| Month-over-month home value change | -0.01% |
| Home value to income ratio | 9.07 |
| Median household income | $73,607 |
| Bachelor's degree or higher | 32.3% |
| Civilian unemployment rate | 5.9% |
| Homeownership rate | 51.3% |
| Housing vacancy rate | 4.5% |
| Rent burden 30% or higher | 68.6% |
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 Arverne
Is Arverne one of the best neighborhoods in New York?
Arverne has a Best Neighborhoods USA Index of 44.9 and a city ranking of #136 of 199 eligible neighborhoods in New York.
How much are homes worth in Arverne?
The current Zillow Home Value Index for Arverne is approximately $667,685.
Are home values rising or falling in Arverne?
Zillow neighborhood values changed 2.9% year over year and -0.01% month over month.
What is the Neighborhood Momentum Score for Arverne?
Arverne has a Neighborhood Momentum Score of 63.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Arverne?
The NDS-derived neighborhood median household income is approximately $73,607.
How affordable is Arverne relative to household income?
The current Zillow home-value-to-household-income ratio is 9.07. Price-to-income affordability is a major Value Opportunity input.
Is Arverne primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 51.3%.
What is the unemployment rate in Arverne?
The NDS-derived civilian unemployment rate is approximately 5.9%.
How educated are residents of Arverne?
Approximately 32.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Arverne face high rent burden?
Approximately 68.6% 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 Arverne?
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 applications180
Estimated originations84
Home-purchase applications92
Origination rate46.7%
Home-purchase share51.3%
Average application loan$439,128
Total application loan amount$79,192,886
National application rank#2,378 of 14,874 rankable neighborhoods
Geometry coverage96.5%
Recent trend: Applications 3.4% YoY; originations 7.4% 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.