| Context | Value |
|---|
| Location | Newark, NJ |
| County | Essex County |
| National rank | #13,681 of 14,967 |
| State rank | #114 of 137 |
| City rank | Not available |
| County rank | #8 of 9 |
| National percentile | 8.6 |
| National band | LOWER_25_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $522,748 |
| Year-over-year home value change | 1.6% |
| Month-over-month home value change | 0.79% |
| Home value to income ratio | 13.00 |
| Median household income | $40,207 |
| Bachelor's degree or higher | 17.6% |
| Civilian unemployment rate | 12.3% |
| Homeownership rate | 25.9% |
| Housing vacancy rate | 10.4% |
| Rent burden 30% or higher | 64.1% |
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 Upper Clinton Hill
What is the Best Neighborhoods USA ranking for Upper Clinton Hill?
Upper Clinton Hill is ranked No published Newark rank is currently available; #114 of 137 eligible neighborhoods in NJ; and #13,681 of 14,967 eligible neighborhoods in the United States.
Is Upper Clinton Hill one of the best neighborhoods in Newark?
Upper Clinton Hill has a Best Neighborhoods USA Index of 28.8 and a city ranking of No published Newark rank is currently available.
How much are homes worth in Upper Clinton Hill?
The current Zillow Home Value Index for Upper Clinton Hill is approximately $522,748.
Are home values rising or falling in Upper Clinton Hill?
Zillow neighborhood values changed 1.6% year over year and 0.79% month over month.
What is the Neighborhood Momentum Score for Upper Clinton Hill?
Upper Clinton Hill has a Neighborhood Momentum Score of 70.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Upper Clinton Hill?
The NDS-derived neighborhood median household income is approximately $40,207.
How affordable is Upper Clinton Hill relative to household income?
The current Zillow home-value-to-household-income ratio is 13.00. Price-to-income affordability is a major Value Opportunity input.
Is Upper Clinton Hill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 25.9%.
What is the unemployment rate in Upper Clinton Hill?
The NDS-derived civilian unemployment rate is approximately 12.3%.
How educated are residents of Upper Clinton Hill?
Approximately 17.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Upper Clinton Hill face high rent burden?
Approximately 64.1% 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 Upper Clinton Hill?
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 applications612
Estimated originations277
Home-purchase applications276
Origination rate45.3%
Home-purchase share45.1%
Average application loan$477,002
Total application loan amount$292,022,765
National application rank#400 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.9% YoY; originations 30.9% 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.