What is the Best Neighborhoods USA ranking for Far West-Side?
Far West-Side is ranked #5 of 24 eligible neighborhoods in Syracuse; #97 of 418 eligible neighborhoods in NY; and #3,493 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Far West-Side
Syracuse, NY | Onondaga County
Scored premium profile
Best Neighborhoods USA Index
61.6
Stability and Strength
43.3
Value Opportunity
60.8
Momentum
92.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Syracuse, NY |
| County | Onondaga County |
| National rank | #3,493 of 14,967 |
| State rank | #97 of 418 |
| City rank | #5 of 24 |
| County rank | #5 of 24 |
| National percentile | 76.7 |
| National band | TOP_25_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $193,798 |
| Year-over-year home value change | 6.6% |
| Month-over-month home value change | 0.72% |
| Home value to income ratio | 3.03 |
| Median household income | $64,044 |
| Bachelor's degree or higher | 36.1% |
| Civilian unemployment rate | 4.2% |
| Homeownership rate | 45.3% |
| Housing vacancy rate | 9.9% |
| Rent burden 30% or higher | 46.6% |
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 Far West-Side
Is Far West-Side one of the best neighborhoods in Syracuse?
Far West-Side has a Best Neighborhoods USA Index of 61.6 and a city ranking of #5 of 24 eligible neighborhoods in Syracuse.
How much are homes worth in Far West-Side?
The current Zillow Home Value Index for Far West-Side is approximately $193,798.
Are home values rising or falling in Far West-Side?
Zillow neighborhood values changed 6.6% year over year and 0.72% month over month.
What is the Neighborhood Momentum Score for Far West-Side?
Far West-Side has a Neighborhood Momentum Score of 92.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Far West-Side?
The NDS-derived neighborhood median household income is approximately $64,044.
How affordable is Far West-Side relative to household income?
The current Zillow home-value-to-household-income ratio is 3.03. Price-to-income affordability is a major Value Opportunity input.
Is Far West-Side primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 45.3%.
What is the unemployment rate in Far West-Side?
The NDS-derived civilian unemployment rate is approximately 4.2%.
How educated are residents of Far West-Side?
Approximately 36.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Far West-Side face high rent burden?
Approximately 46.6% 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 Far West-Side?
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 applications158
Estimated originations99
Home-purchase applications89
Origination rate62.7%
Home-purchase share56.2%
Average application loan$126,296
Total application loan amount$19,920,848
National application rank#2,786 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.3% YoY; originations 12.9% 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.