Neighborhood Profile

New Chauncey

West Lafayette, IN | Tippecanoe County
Scored premium profile
Best Neighborhoods USA Index
41.3
National rank: #10,611 of 14,967
Stability and Strength
31.7
Score
Value Opportunity
26.7
Score
Momentum
77.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWest Lafayette, IN
CountyTippecanoe County
National rank#10,611 of 14,967
State rank#539 of 656
City rank#14 of 15
County rank#33 of 40
National percentile29.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$377,065
Year-over-year home value change4.8%
Month-over-month home value change0.13%
Home value to income ratio16.58
Median household income$22,742
Bachelor's degree or higher77.6%
Civilian unemployment rate5.2%
Homeownership rate10.2%
Housing vacancy rate12.5%
Rent burden 30% or higher86.2%

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 New Chauncey

What is the Best Neighborhoods USA ranking for New Chauncey?

New Chauncey is ranked #14 of 15 eligible neighborhoods in West Lafayette; #539 of 656 eligible neighborhoods in IN; and #10,611 of 14,967 eligible neighborhoods in the United States.

Is New Chauncey one of the best neighborhoods in West Lafayette?

New Chauncey has a Best Neighborhoods USA Index of 41.3 and a city ranking of #14 of 15 eligible neighborhoods in West Lafayette.

How much are homes worth in New Chauncey?

The current Zillow Home Value Index for New Chauncey is approximately $377,065.

Are home values rising or falling in New Chauncey?

Zillow neighborhood values changed 4.8% year over year and 0.13% month over month.

What is the Neighborhood Momentum Score for New Chauncey?

New Chauncey has a Neighborhood Momentum Score of 77.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in New Chauncey?

The NDS-derived neighborhood median household income is approximately $22,742.

How affordable is New Chauncey relative to household income?

The current Zillow home-value-to-household-income ratio is 16.58. Price-to-income affordability is a major Value Opportunity input.

Is New Chauncey primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 10.2%.

What is the unemployment rate in New Chauncey?

The NDS-derived civilian unemployment rate is approximately 5.2%.

How educated are residents of New Chauncey?

Approximately 77.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in New Chauncey face high rent burden?

Approximately 86.2% 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 Chauncey?

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 applications15
Estimated originations11
Home-purchase applications7
Origination rate77.7%
Home-purchase share47.3%
Average application loan$358,124
Total application loan amount$5,241,841
National application rank#11,559 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.1% YoY; originations 24.1% 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.