What is the Best Neighborhoods USA ranking for East Madison?
East Madison is ranked #8 of 17 eligible neighborhoods in New Port Richey; #681 of 1,145 eligible neighborhoods in FL; and #10,558 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
East Madison
New Port Richey, FL | Pasco County
Scored premium profile
Best Neighborhoods USA Index
41.5
Stability and Strength
42.8
Value Opportunity
47.4
Momentum
31.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New Port Richey, FL |
| County | Pasco County |
| National rank | #10,558 of 14,967 |
| State rank | #681 of 1,145 |
| City rank | #8 of 17 |
| County rank | #8 of 17 |
| National percentile | 29.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $234,842 |
| Year-over-year home value change | -1.7% |
| Month-over-month home value change | -0.03% |
| Home value to income ratio | 4.52 |
| Median household income | $51,956 |
| Bachelor's degree or higher | 12.5% |
| Civilian unemployment rate | 1.5% |
| Homeownership rate | 62.5% |
| Housing vacancy rate | 8.3% |
| Rent burden 30% or higher | 48.6% |
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 East Madison
Is East Madison one of the best neighborhoods in New Port Richey?
East Madison has a Best Neighborhoods USA Index of 41.5 and a city ranking of #8 of 17 eligible neighborhoods in New Port Richey.
How much are homes worth in East Madison?
The current Zillow Home Value Index for East Madison is approximately $234,842.
Are home values rising or falling in East Madison?
Zillow neighborhood values changed -1.7% year over year and -0.03% month over month.
What is the Neighborhood Momentum Score for East Madison?
East Madison has a Neighborhood Momentum Score of 31.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in East Madison?
The NDS-derived neighborhood median household income is approximately $51,956.
How affordable is East Madison relative to household income?
The current Zillow home-value-to-household-income ratio is 4.52. Price-to-income affordability is a major Value Opportunity input.
Is East Madison primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 62.5%.
What is the unemployment rate in East Madison?
The NDS-derived civilian unemployment rate is approximately 1.5%.
How educated are residents of East Madison?
Approximately 12.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in East Madison face high rent burden?
Approximately 48.6% 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 East Madison?
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 applications83
Estimated originations40
Home-purchase applications40
Origination rate48.6%
Home-purchase share48.5%
Average application loan$176,530
Total application loan amount$14,702,083
National application rank#5,062 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 12.1% YoY; originations 14.6% 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.