What is the Best Neighborhoods USA ranking for Larchmont Estates?
Larchmont Estates is ranked No published Union rank is currently available; #33 of 137 eligible neighborhoods in NJ; and #3,472 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Larchmont Estates
Union, NJ | Union County
Scored premium profile
Best Neighborhoods USA Index
61.7
Stability and Strength
64.9
Value Opportunity
63.9
Momentum
53.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Union, NJ |
| County | Union County |
| National rank | #3,472 of 14,967 |
| State rank | #33 of 137 |
| City rank | Not available |
| County rank | Not available |
| National percentile | 76.8 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $629,004 |
| Year-over-year home value change | 0.9% |
| Month-over-month home value change | 0.09% |
| Home value to income ratio | 5.14 |
| Median household income | $122,484 |
| Bachelor's degree or higher | 39.9% |
| Civilian unemployment rate | 2.7% |
| Homeownership rate | 72.3% |
| Housing vacancy rate | 1.4% |
| Rent burden 30% or higher | 74.9% |
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 Larchmont Estates
Is Larchmont Estates one of the best neighborhoods in Union?
Larchmont Estates has a Best Neighborhoods USA Index of 61.7 and a city ranking of No published Union rank is currently available.
How much are homes worth in Larchmont Estates?
The current Zillow Home Value Index for Larchmont Estates is approximately $629,004.
Are home values rising or falling in Larchmont Estates?
Zillow neighborhood values changed 0.9% year over year and 0.09% month over month.
What is the Neighborhood Momentum Score for Larchmont Estates?
Larchmont Estates has a Neighborhood Momentum Score of 53.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Larchmont Estates?
The NDS-derived neighborhood median household income is approximately $122,484.
How affordable is Larchmont Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 5.14. Price-to-income affordability is a major Value Opportunity input.
Is Larchmont Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 72.3%.
What is the unemployment rate in Larchmont Estates?
The NDS-derived civilian unemployment rate is approximately 2.7%.
How educated are residents of Larchmont Estates?
Approximately 39.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Larchmont Estates face high rent burden?
Approximately 74.9% 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 Larchmont Estates?
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 applications15
Estimated originations7
Home-purchase applications7
Origination rate43.5%
Home-purchase share45.4%
Average application loan$355,082
Total application loan amount$5,446,094
National application rank#11,408 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.6% YoY; originations 6.3% 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.