What is the Best Neighborhoods USA ranking for Tuxedo Park?
Tuxedo Park is ranked No published South Orange rank is currently available; #19 of 137 eligible neighborhoods in NJ; and #1,593 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Tuxedo Park
South Orange, NJ | Essex County
Scored premium profile
Best Neighborhoods USA Index
68.7
Stability and Strength
80.3
Value Opportunity
67.5
Momentum
51.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | South Orange, NJ |
| County | Essex County |
| National rank | #1,593 of 14,967 |
| State rank | #19 of 137 |
| City rank | Not available |
| County rank | #2 of 9 |
| National percentile | 89.4 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $866,155 |
| Year-over-year home value change | 1.3% |
| Month-over-month home value change | -0.08% |
| Home value to income ratio | 4.88 |
| Median household income | $177,316 |
| Bachelor's degree or higher | 70.0% |
| Civilian unemployment rate | 8.5% |
| Homeownership rate | 97.4% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 0.0% |
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 Tuxedo Park
Is Tuxedo Park one of the best neighborhoods in South Orange?
Tuxedo Park has a Best Neighborhoods USA Index of 68.7 and a city ranking of No published South Orange rank is currently available.
How much are homes worth in Tuxedo Park?
The current Zillow Home Value Index for Tuxedo Park is approximately $866,155.
Are home values rising or falling in Tuxedo Park?
Zillow neighborhood values changed 1.3% year over year and -0.08% month over month.
What is the Neighborhood Momentum Score for Tuxedo Park?
Tuxedo Park has a Neighborhood Momentum Score of 51.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Tuxedo Park?
The NDS-derived neighborhood median household income is approximately $177,316.
How affordable is Tuxedo Park relative to household income?
The current Zillow home-value-to-household-income ratio is 4.88. Price-to-income affordability is a major Value Opportunity input.
Is Tuxedo Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 97.4%.
What is the unemployment rate in Tuxedo Park?
The NDS-derived civilian unemployment rate is approximately 8.5%.
How educated are residents of Tuxedo Park?
Approximately 70.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Tuxedo Park face high rent burden?
Approximately 0.0% 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 Tuxedo Park?
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 applications15
Estimated originations8
Home-purchase applications7
Origination rate56.4%
Home-purchase share47.3%
Average application loan$523,380
Total application loan amount$7,802,742
National application rank#11,492 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 28.4% YoY; originations 30.8% 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.