What is the Best Neighborhoods USA ranking for Greenwich Village?
Greenwich Village is ranked #35 of 199 eligible neighborhoods in New York; #95 of 418 eligible neighborhoods in NY; and #3,443 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Greenwich Village
New York, NY | New York County
Scored premium profile
Best Neighborhoods USA Index
61.8
Stability and Strength
58.5
Value Opportunity
39.0
Momentum
98.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | New York County |
| National rank | #3,443 of 14,967 |
| State rank | #95 of 418 |
| City rank | #35 of 199 |
| County rank | #3 of 24 |
| National percentile | 77.0 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $7,279,007 |
| Year-over-year home value change | 15.8% |
| Month-over-month home value change | 1.14% |
| Home value to income ratio | 58.62 |
| Median household income | $124,174 |
| Bachelor's degree or higher | 88.0% |
| Civilian unemployment rate | 5.8% |
| Homeownership rate | 39.1% |
| Housing vacancy rate | 21.3% |
| Rent burden 30% or higher | 47.9% |
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 Greenwich Village
Is Greenwich Village one of the best neighborhoods in New York?
Greenwich Village has a Best Neighborhoods USA Index of 61.8 and a city ranking of #35 of 199 eligible neighborhoods in New York.
How much are homes worth in Greenwich Village?
The current Zillow Home Value Index for Greenwich Village is approximately $7,279,007.
Are home values rising or falling in Greenwich Village?
Zillow neighborhood values changed 15.8% year over year and 1.14% month over month.
What is the Neighborhood Momentum Score for Greenwich Village?
Greenwich Village has a Neighborhood Momentum Score of 98.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Greenwich Village?
The NDS-derived neighborhood median household income is approximately $124,174.
How affordable is Greenwich Village relative to household income?
The current Zillow home-value-to-household-income ratio is 58.62. Price-to-income affordability is a major Value Opportunity input.
Is Greenwich Village primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 39.1%.
What is the unemployment rate in Greenwich Village?
The NDS-derived civilian unemployment rate is approximately 5.8%.
How educated are residents of Greenwich Village?
Approximately 88.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Greenwich Village face high rent burden?
Approximately 47.9% 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 Greenwich Village?
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 applications380
Estimated originations216
Home-purchase applications272
Origination rate56.8%
Home-purchase share71.6%
Average application loan$1,750,837
Total application loan amount$664,465,772
National application rank#840 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.7% YoY; originations -11.6% 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.