What is the Best Neighborhoods USA ranking for New Horizons South Bay?
New Horizons South Bay is ranked #28 of 29 eligible neighborhoods in Torrance; #1,293 of 1,814 eligible neighborhoods in CA; and #10,448 of 14,967 eligible neighborhoods in the United States.
Is New Horizons South Bay one of the best neighborhoods in Torrance?
New Horizons South Bay has a Best Neighborhoods USA Index of 41.8 and a city ranking of #28 of 29 eligible neighborhoods in Torrance.
How much are homes worth in New Horizons South Bay?
The current Zillow Home Value Index for New Horizons South Bay is approximately $625,257.
Are home values rising or falling in New Horizons South Bay?
Zillow neighborhood values changed -4.7% year over year and -0.23% month over month.
What is the Neighborhood Momentum Score for New Horizons South Bay?
New Horizons South Bay has a Neighborhood Momentum Score of 12.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in New Horizons South Bay?
The NDS-derived neighborhood median household income is approximately $64,333.
How affordable is New Horizons South Bay relative to household income?
The current Zillow home-value-to-household-income ratio is 9.72. Price-to-income affordability is a major Value Opportunity input.
Is New Horizons South Bay primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 76.8%.
What is the unemployment rate in New Horizons South Bay?
The NDS-derived civilian unemployment rate is approximately 1.1%.
How educated are residents of New Horizons South Bay?
Approximately 52.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in New Horizons South Bay face high rent burden?
Approximately 67.3% 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 Horizons South Bay?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.