Neighborhood Profile

New Springville

New York, NY | Richmond County
Scored premium profile
Best Neighborhoods USA Index
53.2
National rank: #6,452 of 14,967
Stability and Strength
49.1
Score
Value Opportunity
41.1
Score
Momentum
76.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyRichmond County
National rank#6,452 of 14,967
State rank#182 of 418
City rank#85 of 199
County rank#37 of 50
National percentile56.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$734,016
Year-over-year home value change4.2%
Month-over-month home value change0.20%
Home value to income ratio6.96
Median household income$105,474
Bachelor's degree or higher34.1%
Civilian unemployment rate8.0%
Homeownership rate70.8%
Housing vacancy rate8.5%
Rent burden 30% or higher56.9%

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 New Springville

What is the Best Neighborhoods USA ranking for New Springville?

New Springville is ranked #85 of 199 eligible neighborhoods in New York; #182 of 418 eligible neighborhoods in NY; and #6,452 of 14,967 eligible neighborhoods in the United States.

Is New Springville one of the best neighborhoods in New York?

New Springville has a Best Neighborhoods USA Index of 53.2 and a city ranking of #85 of 199 eligible neighborhoods in New York.

How much are homes worth in New Springville?

The current Zillow Home Value Index for New Springville is approximately $734,016.

Are home values rising or falling in New Springville?

Zillow neighborhood values changed 4.2% year over year and 0.20% month over month.

What is the Neighborhood Momentum Score for New Springville?

New Springville has a Neighborhood Momentum Score of 76.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in New Springville?

The NDS-derived neighborhood median household income is approximately $105,474.

How affordable is New Springville relative to household income?

The current Zillow home-value-to-household-income ratio is 6.96. Price-to-income affordability is a major Value Opportunity input.

Is New Springville primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 70.8%.

What is the unemployment rate in New Springville?

The NDS-derived civilian unemployment rate is approximately 8.0%.

How educated are residents of New Springville?

Approximately 34.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in New Springville face high rent burden?

Approximately 56.9% 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 New Springville?

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 applications107
Estimated originations61
Home-purchase applications52
Origination rate57.2%
Home-purchase share48.5%
Average application loan$465,142
Total application loan amount$49,803,407
National application rank#4,093 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -11.6% YoY; originations -9.5% 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.