What is the Best Neighborhoods USA ranking for North Michigan Park?
North Michigan Park is ranked #55 of 113 eligible neighborhoods in Washington; #55 of 113 eligible neighborhoods in DC; and #9,018 of 14,967 eligible neighborhoods in the United States.
Is North Michigan Park one of the best neighborhoods in Washington?
North Michigan Park has a Best Neighborhoods USA Index of 46.1 and a city ranking of #55 of 113 eligible neighborhoods in Washington.
How much are homes worth in North Michigan Park?
The current Zillow Home Value Index for North Michigan Park is approximately $516,522.
Are home values rising or falling in North Michigan Park?
Zillow neighborhood values changed -2.6% year over year and 0.14% month over month.
What is the Neighborhood Momentum Score for North Michigan Park?
North Michigan Park has a Neighborhood Momentum Score of 30.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in North Michigan Park?
The NDS-derived neighborhood median household income is approximately $77,479.
How affordable is North Michigan Park relative to household income?
The current Zillow home-value-to-household-income ratio is 6.67. Price-to-income affordability is a major Value Opportunity input.
Is North Michigan Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 78.9%.
What is the unemployment rate in North Michigan Park?
The NDS-derived civilian unemployment rate is approximately 6.0%.
How educated are residents of North Michigan Park?
Approximately 40.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in North Michigan Park face high rent burden?
Approximately 48.1% 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 North Michigan Park?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.