Neighborhood Profile

New Tacoma

Tacoma, WA | Pierce County
Scored premium profile
Best Neighborhoods USA Index
31.4
National rank: #13,245 of 14,967
Stability and Strength
38.0
Score
Value Opportunity
32.7
Score
Momentum
18.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTacoma, WA
CountyPierce County
National rank#13,245 of 14,967
State rank#499 of 533
City rank#8 of 8
County rank#26 of 29
National percentile11.5
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$554,656
Year-over-year home value change-2.4%
Month-over-month home value change-0.33%
Home value to income ratio9.74
Median household income$56,952
Bachelor's degree or higher40.4%
Civilian unemployment rate4.5%
Homeownership rate15.9%
Housing vacancy rate7.7%
Rent burden 30% or higher51.6%

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 New Tacoma

What is the Best Neighborhoods USA ranking for New Tacoma?

New Tacoma is ranked #8 of 8 eligible neighborhoods in Tacoma; #499 of 533 eligible neighborhoods in WA; and #13,245 of 14,967 eligible neighborhoods in the United States.

Is New Tacoma one of the best neighborhoods in Tacoma?

New Tacoma has a Best Neighborhoods USA Index of 31.4 and a city ranking of #8 of 8 eligible neighborhoods in Tacoma.

How much are homes worth in New Tacoma?

The current Zillow Home Value Index for New Tacoma is approximately $554,656.

Are home values rising or falling in New Tacoma?

Zillow neighborhood values changed -2.4% year over year and -0.33% month over month.

What is the Neighborhood Momentum Score for New Tacoma?

New Tacoma has a Neighborhood Momentum Score of 18.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in New Tacoma?

The NDS-derived neighborhood median household income is approximately $56,952.

How affordable is New Tacoma relative to household income?

The current Zillow home-value-to-household-income ratio is 9.74. Price-to-income affordability is a major Value Opportunity input.

Is New Tacoma primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 15.9%.

What is the unemployment rate in New Tacoma?

The NDS-derived civilian unemployment rate is approximately 4.5%.

How educated are residents of New Tacoma?

Approximately 40.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in New Tacoma face high rent burden?

Approximately 51.6% 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 New Tacoma?

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 applications214
Estimated originations132
Home-purchase applications123
Origination rate61.8%
Home-purchase share57.5%
Average application loan$479,958
Total application loan amount$102,784,257
National application rank#1,875 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.4% YoY; originations 25.4% 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.