Neighborhood Profile

Annex

New Haven, CT | New Haven County
Scored premium profile
Best Neighborhoods USA Index
35.5
National rank: #12,239 of 14,967
Stability and Strength
18.6
Score
Value Opportunity
18.6
Score
Momentum
86.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew Haven, CT
CountyNew Haven County
National rank#12,239 of 14,967
State rank#129 of 153
City rank#16 of 19
County rank#44 of 57
National percentile18.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$321,373
Year-over-year home value change5.5%
Month-over-month home value change0.42%
Home value to income ratio7.96
Median household income$40,358
Bachelor's degree or higher23.3%
Civilian unemployment rate21.1%
Homeownership rate38.4%
Housing vacancy rate15.1%
Rent burden 30% or higher53.3%

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 Annex

What is the Best Neighborhoods USA ranking for Annex?

Annex is ranked #16 of 19 eligible neighborhoods in New Haven; #129 of 153 eligible neighborhoods in CT; and #12,239 of 14,967 eligible neighborhoods in the United States.

Is Annex one of the best neighborhoods in New Haven?

Annex has a Best Neighborhoods USA Index of 35.5 and a city ranking of #16 of 19 eligible neighborhoods in New Haven.

How much are homes worth in Annex?

The current Zillow Home Value Index for Annex is approximately $321,373.

Are home values rising or falling in Annex?

Zillow neighborhood values changed 5.5% year over year and 0.42% month over month.

What is the Neighborhood Momentum Score for Annex?

Annex has a Neighborhood Momentum Score of 86.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Annex?

The NDS-derived neighborhood median household income is approximately $40,358.

How affordable is Annex relative to household income?

The current Zillow home-value-to-household-income ratio is 7.96. Price-to-income affordability is a major Value Opportunity input.

Is Annex primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 38.4%.

What is the unemployment rate in Annex?

The NDS-derived civilian unemployment rate is approximately 21.1%.

How educated are residents of Annex?

Approximately 23.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Annex face high rent burden?

Approximately 53.3% 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 Annex?

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 applications155
Estimated originations83
Home-purchase applications77
Origination rate53.7%
Home-purchase share49.5%
Average application loan$205,757
Total application loan amount$31,876,761
National application rank#2,829 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Trend not published for this geometry comparison
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.