What is the Best Neighborhoods USA ranking for Springs?
Springs is ranked No published East Hampton rank is currently available; #173 of 418 eligible neighborhoods in NY; and #6,145 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Springs
East Hampton, NY | Suffolk County
Scored premium profile
Best Neighborhoods USA Index
53.9
Stability and Strength
62.6
Value Opportunity
42.1
Momentum
56.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | East Hampton, NY |
| County | Suffolk County |
| National rank | #6,145 of 14,967 |
| State rank | #173 of 418 |
| City rank | Not available |
| County rank | #4 of 6 |
| National percentile | 59.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,576,414 |
| Year-over-year home value change | -0.3% |
| Month-over-month home value change | 0.81% |
| Home value to income ratio | 12.45 |
| Median household income | $126,577 |
| Bachelor's degree or higher | 49.5% |
| Civilian unemployment rate | 2.7% |
| Homeownership rate | 72.9% |
| Housing vacancy rate | 26.9% |
| Rent burden 30% or higher | 57.9% |
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 Springs
Is Springs one of the best neighborhoods in East Hampton?
Springs has a Best Neighborhoods USA Index of 53.9 and a city ranking of No published East Hampton rank is currently available.
How much are homes worth in Springs?
The current Zillow Home Value Index for Springs is approximately $1,576,414.
Are home values rising or falling in Springs?
Zillow neighborhood values changed -0.3% year over year and 0.81% month over month.
What is the Neighborhood Momentum Score for Springs?
Springs has a Neighborhood Momentum Score of 56.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Springs?
The NDS-derived neighborhood median household income is approximately $126,577.
How affordable is Springs relative to household income?
The current Zillow home-value-to-household-income ratio is 12.45. Price-to-income affordability is a major Value Opportunity input.
Is Springs primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 72.9%.
What is the unemployment rate in Springs?
The NDS-derived civilian unemployment rate is approximately 2.7%.
How educated are residents of Springs?
Approximately 49.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Springs face high rent burden?
Approximately 57.9% 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 Springs?
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 applications204
Estimated originations107
Home-purchase applications68
Origination rate52.4%
Home-purchase share33.6%
Average application loan$728,415
Total application loan amount$148,323,653
National application rank#2,011 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.6% YoY; originations 5.0% 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.