What is the Best Neighborhoods USA ranking for Northwest Ithaca?
Northwest Ithaca is ranked #3 of 6 eligible neighborhoods in Ithaca; #176 of 418 eligible neighborhoods in NY; and #6,273 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Northwest Ithaca
Ithaca, NY | Tompkins County
Scored premium profile
Best Neighborhoods USA Index
53.6
Stability and Strength
51.7
Value Opportunity
48.5
Momentum
63.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Ithaca, NY |
| County | Tompkins County |
| National rank | #6,273 of 14,967 |
| State rank | #176 of 418 |
| City rank | #3 of 6 |
| County rank | #3 of 6 |
| National percentile | 58.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $476,580 |
| Year-over-year home value change | 2.3% |
| Month-over-month home value change | 0.11% |
| Home value to income ratio | 6.51 |
| Median household income | $73,197 |
| Bachelor's degree or higher | 56.8% |
| Civilian unemployment rate | 2.8% |
| Homeownership rate | 53.3% |
| Housing vacancy rate | 9.0% |
| Rent burden 30% or higher | 67.5% |
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 Northwest Ithaca
Is Northwest Ithaca one of the best neighborhoods in Ithaca?
Northwest Ithaca has a Best Neighborhoods USA Index of 53.6 and a city ranking of #3 of 6 eligible neighborhoods in Ithaca.
How much are homes worth in Northwest Ithaca?
The current Zillow Home Value Index for Northwest Ithaca is approximately $476,580.
Are home values rising or falling in Northwest Ithaca?
Zillow neighborhood values changed 2.3% year over year and 0.11% month over month.
What is the Neighborhood Momentum Score for Northwest Ithaca?
Northwest Ithaca has a Neighborhood Momentum Score of 63.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Northwest Ithaca?
The NDS-derived neighborhood median household income is approximately $73,197.
How affordable is Northwest Ithaca relative to household income?
The current Zillow home-value-to-household-income ratio is 6.51. Price-to-income affordability is a major Value Opportunity input.
Is Northwest Ithaca primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 53.3%.
What is the unemployment rate in Northwest Ithaca?
The NDS-derived civilian unemployment rate is approximately 2.8%.
How educated are residents of Northwest Ithaca?
Approximately 56.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Northwest Ithaca face high rent burden?
Approximately 67.5% 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 Northwest Ithaca?
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 applications23
Estimated originations17
Home-purchase applications16
Origination rate77.1%
Home-purchase share71.4%
Average application loan$10,124,857
Total application loan amount$227,965,986
National application rank#10,255 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.1% YoY; originations -5.3% 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.