Neighborhood Profile

Park Hill

New York, NY | Richmond County
Scored premium profile
Best Neighborhoods USA Index
55.8
National rank: #5,456 of 14,967
Stability and Strength
47.5
Score
Value Opportunity
41.2
Score
Momentum
89.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyRichmond County
National rank#5,456 of 14,967
State rank#152 of 418
City rank#69 of 199
County rank#33 of 50
National percentile63.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$584,959
Year-over-year home value change6.5%
Month-over-month home value change0.48%
Home value to income ratio7.29
Median household income$80,204
Bachelor's degree or higher20.6%
Civilian unemployment rate1.7%
Homeownership rate40.3%
Housing vacancy rate9.8%
Rent burden 30% or higher45.9%

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 Park Hill

What is the Best Neighborhoods USA ranking for Park Hill?

Park Hill is ranked #69 of 199 eligible neighborhoods in New York; #152 of 418 eligible neighborhoods in NY; and #5,456 of 14,967 eligible neighborhoods in the United States.

Is Park Hill one of the best neighborhoods in New York?

Park Hill has a Best Neighborhoods USA Index of 55.8 and a city ranking of #69 of 199 eligible neighborhoods in New York.

How much are homes worth in Park Hill?

The current Zillow Home Value Index for Park Hill is approximately $584,959.

Are home values rising or falling in Park Hill?

Zillow neighborhood values changed 6.5% year over year and 0.48% month over month.

What is the Neighborhood Momentum Score for Park Hill?

Park Hill has a Neighborhood Momentum Score of 89.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Park Hill?

The NDS-derived neighborhood median household income is approximately $80,204.

How affordable is Park Hill relative to household income?

The current Zillow home-value-to-household-income ratio is 7.29. Price-to-income affordability is a major Value Opportunity input.

Is Park Hill primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 40.3%.

What is the unemployment rate in Park Hill?

The NDS-derived civilian unemployment rate is approximately 1.7%.

How educated are residents of Park Hill?

Approximately 20.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Park Hill face high rent burden?

Approximately 45.9% 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 Park Hill?

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 applications96
Estimated originations63
Home-purchase applications58
Origination rate65.0%
Home-purchase share59.8%
Average application loan$339,523
Total application loan amount$32,659,750
National application rank#4,487 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -20.0% YoY; originations -10.2% 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.