Neighborhood Profile

Magnolia Park

Burbank, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
50.1
National rank: #7,582 of 14,967
Stability and Strength
61.9
Score
Value Opportunity
46.7
Score
Momentum
36.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBurbank, CA
CountyLos Angeles County
National rank#7,582 of 14,967
State rank#879 of 1,814
City rankNot available
County rank#148 of 321
National percentile49.3
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,280,325
Year-over-year home value change-1.7%
Month-over-month home value change0.13%
Home value to income ratio9.80
Median household income$130,650
Bachelor's degree or higher48.0%
Civilian unemployment rate4.0%
Homeownership rate51.7%
Housing vacancy rate7.1%
Rent burden 30% or higher47.5%

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 Magnolia Park

What is the Best Neighborhoods USA ranking for Magnolia Park?

Magnolia Park is ranked No published Burbank rank is currently available; #879 of 1,814 eligible neighborhoods in CA; and #7,582 of 14,967 eligible neighborhoods in the United States.

Is Magnolia Park one of the best neighborhoods in Burbank?

Magnolia Park has a Best Neighborhoods USA Index of 50.1 and a city ranking of No published Burbank rank is currently available.

How much are homes worth in Magnolia Park?

The current Zillow Home Value Index for Magnolia Park is approximately $1,280,325.

Are home values rising or falling in Magnolia Park?

Zillow neighborhood values changed -1.7% year over year and 0.13% month over month.

What is the Neighborhood Momentum Score for Magnolia Park?

Magnolia Park has a Neighborhood Momentum Score of 36.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Magnolia Park?

The NDS-derived neighborhood median household income is approximately $130,650.

How affordable is Magnolia Park relative to household income?

The current Zillow home-value-to-household-income ratio is 9.80. Price-to-income affordability is a major Value Opportunity input.

Is Magnolia Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.7%.

What is the unemployment rate in Magnolia Park?

The NDS-derived civilian unemployment rate is approximately 4.0%.

How educated are residents of Magnolia Park?

Approximately 48.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Magnolia Park face high rent burden?

Approximately 47.5% 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 Magnolia Park?

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 applications149
Estimated originations93
Home-purchase applications45
Origination rate62.3%
Home-purchase share30.0%
Average application loan$542,151
Total application loan amount$80,959,164
National application rank#2,949 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.8% YoY; originations 24.6% 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.