What is the Best Neighborhoods USA ranking for Lower Vailsburg?
Lower Vailsburg is ranked No published Newark rank is currently available; #105 of 137 eligible neighborhoods in NJ; and #12,833 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lower Vailsburg
Newark, NJ | Essex County
Scored premium profile
Best Neighborhoods USA Index
33.1
Stability and Strength
27.2
Value Opportunity
29.6
Momentum
47.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Newark, NJ |
| County | Essex County |
| National rank | #12,833 of 14,967 |
| State rank | #105 of 137 |
| City rank | Not available |
| County rank | #6 of 9 |
| National percentile | 14.3 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $457,172 |
| Year-over-year home value change | -0.2% |
| Month-over-month home value change | 0.17% |
| Home value to income ratio | 6.80 |
| Median household income | $67,184 |
| Bachelor's degree or higher | 16.2% |
| Civilian unemployment rate | 15.5% |
| Homeownership rate | 42.0% |
| Housing vacancy rate | 6.0% |
| Rent burden 30% or higher | 56.8% |
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 Lower Vailsburg
Is Lower Vailsburg one of the best neighborhoods in Newark?
Lower Vailsburg has a Best Neighborhoods USA Index of 33.1 and a city ranking of No published Newark rank is currently available.
How much are homes worth in Lower Vailsburg?
The current Zillow Home Value Index for Lower Vailsburg is approximately $457,172.
Are home values rising or falling in Lower Vailsburg?
Zillow neighborhood values changed -0.2% year over year and 0.17% month over month.
What is the Neighborhood Momentum Score for Lower Vailsburg?
Lower Vailsburg has a Neighborhood Momentum Score of 47.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lower Vailsburg?
The NDS-derived neighborhood median household income is approximately $67,184.
How affordable is Lower Vailsburg relative to household income?
The current Zillow home-value-to-household-income ratio is 6.80. Price-to-income affordability is a major Value Opportunity input.
Is Lower Vailsburg primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 42.0%.
What is the unemployment rate in Lower Vailsburg?
The NDS-derived civilian unemployment rate is approximately 15.5%.
How educated are residents of Lower Vailsburg?
Approximately 16.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lower Vailsburg face high rent burden?
Approximately 56.8% 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 Lower Vailsburg?
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 applications553
Estimated originations250
Home-purchase applications265
Origination rate45.1%
Home-purchase share47.9%
Average application loan$430,076
Total application loan amount$237,840,273
National application rank#472 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.4% YoY; originations 0.0% 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.