Neighborhood Profile

Fair Haven

New Haven, CT | New Haven County
Scored premium profile
Best Neighborhoods USA Index
34.8
National rank: #12,460 of 14,967
Stability and Strength
14.2
Score
Value Opportunity
18.9
Score
Momentum
89.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew Haven, CT
CountyNew Haven County
National rank#12,460 of 14,967
State rank#133 of 153
City rank#18 of 19
County rank#48 of 57
National percentile16.8
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$308,372
Year-over-year home value change8.7%
Month-over-month home value change0.33%
Home value to income ratio8.46
Median household income$36,449
Bachelor's degree or higher16.7%
Civilian unemployment rate12.1%
Homeownership rate25.9%
Housing vacancy rate8.8%
Rent burden 30% or higher74.2%

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 Fair Haven

What is the Best Neighborhoods USA ranking for Fair Haven?

Fair Haven is ranked #18 of 19 eligible neighborhoods in New Haven; #133 of 153 eligible neighborhoods in CT; and #12,460 of 14,967 eligible neighborhoods in the United States.

Is Fair Haven one of the best neighborhoods in New Haven?

Fair Haven has a Best Neighborhoods USA Index of 34.8 and a city ranking of #18 of 19 eligible neighborhoods in New Haven.

How much are homes worth in Fair Haven?

The current Zillow Home Value Index for Fair Haven is approximately $308,372.

Are home values rising or falling in Fair Haven?

Zillow neighborhood values changed 8.7% year over year and 0.33% month over month.

What is the Neighborhood Momentum Score for Fair Haven?

Fair Haven has a Neighborhood Momentum Score of 89.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fair Haven?

The NDS-derived neighborhood median household income is approximately $36,449.

How affordable is Fair Haven relative to household income?

The current Zillow home-value-to-household-income ratio is 8.46. Price-to-income affordability is a major Value Opportunity input.

Is Fair Haven primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 25.9%.

What is the unemployment rate in Fair Haven?

The NDS-derived civilian unemployment rate is approximately 12.1%.

How educated are residents of Fair Haven?

Approximately 16.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fair Haven face high rent burden?

Approximately 74.2% 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 Fair Haven?

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 applications184
Estimated originations86
Home-purchase applications99
Origination rate46.6%
Home-purchase share53.9%
Average application loan$256,924
Total application loan amount$47,201,480
National application rank#2,313 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Trend not published for this geometry comparison
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.