What is the Best Neighborhoods USA ranking for New Salem?
New Salem is ranked #35 of 71 eligible neighborhoods in Wichita; #118 of 187 eligible neighborhoods in KS; and #7,506 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
New Salem
Wichita, KS | Sedgwick County
Scored premium profile
Best Neighborhoods USA Index
50.3
Stability and Strength
22.3
Value Opportunity
47.4
Momentum
99.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Wichita, KS |
| County | Sedgwick County |
| National rank | #7,506 of 14,967 |
| State rank | #118 of 187 |
| City rank | #35 of 71 |
| County rank | #35 of 71 |
| National percentile | 49.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $98,754 |
| Year-over-year home value change | 17.4% |
| Month-over-month home value change | 1.35% |
| Home value to income ratio | 2.59 |
| Median household income | $38,114 |
| Bachelor's degree or higher | 11.6% |
| Civilian unemployment rate | 6.1% |
| Homeownership rate | 39.4% |
| Housing vacancy rate | 21.7% |
| Rent burden 30% or higher | 47.6% |
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 Salem
Is New Salem one of the best neighborhoods in Wichita?
New Salem has a Best Neighborhoods USA Index of 50.3 and a city ranking of #35 of 71 eligible neighborhoods in Wichita.
How much are homes worth in New Salem?
The current Zillow Home Value Index for New Salem is approximately $98,754.
Are home values rising or falling in New Salem?
Zillow neighborhood values changed 17.4% year over year and 1.35% month over month.
What is the Neighborhood Momentum Score for New Salem?
New Salem has a Neighborhood Momentum Score of 99.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in New Salem?
The NDS-derived neighborhood median household income is approximately $38,114.
How affordable is New Salem relative to household income?
The current Zillow home-value-to-household-income ratio is 2.59. Price-to-income affordability is a major Value Opportunity input.
Is New Salem primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 39.4%.
What is the unemployment rate in New Salem?
The NDS-derived civilian unemployment rate is approximately 6.1%.
How educated are residents of New Salem?
Approximately 11.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in New Salem face high rent burden?
Approximately 47.6% 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 Salem?
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 applications9
Estimated originations5
Home-purchase applications4
Origination rate53.0%
Home-purchase share38.3%
Average application loan$106,615
Total application loan amount$991,198
National application rank#12,690 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 35.9% YoY; originations 28.5% 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.