Neighborhood Profile

Tribeca

New York, NY | New York County
Scored premium profile
Best Neighborhoods USA Index
53.7
National rank: #6,210 of 14,967
Stability and Strength
54.0
Score
Value Opportunity
33.5
Score
Momentum
81.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyNew York County
National rank#6,210 of 14,967
State rank#175 of 418
City rank#81 of 199
County rank#7 of 24
National percentile58.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$6,138,007
Year-over-year home value change10.5%
Month-over-month home value change-0.02%
Home value to income ratio100.04
Median household income$61,358
Bachelor's degree or higher84.3%
Civilian unemployment rate2.9%
Homeownership rate40.8%
Housing vacancy rate19.2%
Rent burden 30% or higher40.0%

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 Tribeca

What is the Best Neighborhoods USA ranking for Tribeca?

Tribeca is ranked #81 of 199 eligible neighborhoods in New York; #175 of 418 eligible neighborhoods in NY; and #6,210 of 14,967 eligible neighborhoods in the United States.

Is Tribeca one of the best neighborhoods in New York?

Tribeca has a Best Neighborhoods USA Index of 53.7 and a city ranking of #81 of 199 eligible neighborhoods in New York.

How much are homes worth in Tribeca?

The current Zillow Home Value Index for Tribeca is approximately $6,138,007.

Are home values rising or falling in Tribeca?

Zillow neighborhood values changed 10.5% year over year and -0.02% month over month.

What is the Neighborhood Momentum Score for Tribeca?

Tribeca has a Neighborhood Momentum Score of 81.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tribeca?

The NDS-derived neighborhood median household income is approximately $61,358.

How affordable is Tribeca relative to household income?

The current Zillow home-value-to-household-income ratio is 100.04. Price-to-income affordability is a major Value Opportunity input.

Is Tribeca primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 40.8%.

What is the unemployment rate in Tribeca?

The NDS-derived civilian unemployment rate is approximately 2.9%.

How educated are residents of Tribeca?

Approximately 84.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tribeca face high rent burden?

Approximately 40.0% 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 Tribeca?

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 applications312
Estimated originations179
Home-purchase applications169
Origination rate57.3%
Home-purchase share54.2%
Average application loan$2,736,170
Total application loan amount$855,046,962
National application rank#1,116 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.2% YoY; originations -5.8% 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.