Neighborhood Profile

Central

Brooklyn Park, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
40.6
National rank: #10,839 of 14,967
Stability and Strength
37.2
Score
Value Opportunity
51.3
Score
Momentum
31.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBrooklyn Park, MN
CountyHennepin County
National rank#10,839 of 14,967
State rank#251 of 275
City rank#27 of 29
County rank#169 of 185
National percentile27.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$278,120
Year-over-year home value change-1.4%
Month-over-month home value change-0.09%
Home value to income ratio4.38
Median household income$63,456
Bachelor's degree or higher29.4%
Civilian unemployment rate5.0%
Homeownership rate37.8%
Housing vacancy rate4.7%
Rent burden 30% or higher64.8%

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 Central

What is the Best Neighborhoods USA ranking for Central?

Central is ranked #27 of 29 eligible neighborhoods in Brooklyn Park; #251 of 275 eligible neighborhoods in MN; and #10,839 of 14,967 eligible neighborhoods in the United States.

Is Central one of the best neighborhoods in Brooklyn Park?

Central has a Best Neighborhoods USA Index of 40.6 and a city ranking of #27 of 29 eligible neighborhoods in Brooklyn Park.

How much are homes worth in Central?

The current Zillow Home Value Index for Central is approximately $278,120.

Are home values rising or falling in Central?

Zillow neighborhood values changed -1.4% year over year and -0.09% month over month.

What is the Neighborhood Momentum Score for Central?

Central 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 Central?

The NDS-derived neighborhood median household income is approximately $63,456.

How affordable is Central relative to household income?

The current Zillow home-value-to-household-income ratio is 4.38. Price-to-income affordability is a major Value Opportunity input.

Is Central primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 37.8%.

What is the unemployment rate in Central?

The NDS-derived civilian unemployment rate is approximately 5.0%.

How educated are residents of Central?

Approximately 29.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Central face high rent burden?

Approximately 64.8% 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 Central?

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 applications152
Estimated originations86
Home-purchase applications81
Origination rate56.2%
Home-purchase share52.9%
Average application loan$157,128
Total application loan amount$23,934,873
National application rank#2,882 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 51.4% YoY; originations 43.3% 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.