What is the Best Neighborhoods USA ranking for New Era Park?
New Era Park is ranked #15 of 101 eligible neighborhoods in Sacramento; #531 of 1,814 eligible neighborhoods in CA; and #4,847 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
New Era Park
Sacramento, CA | Sacramento County
Scored premium profile
Best Neighborhoods USA Index
57.6
Stability and Strength
65.8
Value Opportunity
65.0
Momentum
34.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Sacramento, CA |
| County | Sacramento County |
| National rank | #4,847 of 14,967 |
| State rank | #531 of 1,814 |
| City rank | #15 of 101 |
| County rank | #32 of 144 |
| National percentile | 67.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $626,437 |
| Year-over-year home value change | -2.5% |
| Month-over-month home value change | 0.26% |
| Home value to income ratio | 5.33 |
| Median household income | $117,449 |
| Bachelor's degree or higher | 56.4% |
| Civilian unemployment rate | 3.6% |
| Homeownership rate | 42.0% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 48.9% |
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 Era Park
Is New Era Park one of the best neighborhoods in Sacramento?
New Era Park has a Best Neighborhoods USA Index of 57.6 and a city ranking of #15 of 101 eligible neighborhoods in Sacramento.
How much are homes worth in New Era Park?
The current Zillow Home Value Index for New Era Park is approximately $626,437.
Are home values rising or falling in New Era Park?
Zillow neighborhood values changed -2.5% year over year and 0.26% month over month.
What is the Neighborhood Momentum Score for New Era Park?
New Era Park has a Neighborhood Momentum Score of 34.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in New Era Park?
The NDS-derived neighborhood median household income is approximately $117,449.
How affordable is New Era Park relative to household income?
The current Zillow home-value-to-household-income ratio is 5.33. Price-to-income affordability is a major Value Opportunity input.
Is New Era Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 42.0%.
What is the unemployment rate in New Era Park?
The NDS-derived civilian unemployment rate is approximately 3.6%.
How educated are residents of New Era Park?
Approximately 56.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in New Era Park face high rent burden?
Approximately 48.9% 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 Era 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 applications39
Estimated originations26
Home-purchase applications21
Origination rate67.4%
Home-purchase share54.3%
Average application loan$565,005
Total application loan amount$21,837,150
National application rank#8,262 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 18.5% YoY; originations 10.4% 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.