What is the Best Neighborhoods USA ranking for Shipley Terrace?
Shipley Terrace is ranked #110 of 113 eligible neighborhoods in Washington; #110 of 113 eligible neighborhoods in DC; and #14,921 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Shipley Terrace
Washington, DC | District of Columbia
Scored premium profile
Best Neighborhoods USA Index
12.1
Stability and Strength
12.2
Value Opportunity
12.8
Momentum
10.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Washington, DC |
| County | District of Columbia |
| National rank | #14,921 of 14,967 |
| State rank | #110 of 113 |
| City rank | #110 of 113 |
| County rank | #110 of 113 |
| National percentile | 0.3 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $371,892 |
| Year-over-year home value change | -4.6% |
| Month-over-month home value change | -0.32% |
| Home value to income ratio | 12.16 |
| Median household income | $30,580 |
| Bachelor's degree or higher | 16.0% |
| Civilian unemployment rate | 18.1% |
| Homeownership rate | 23.4% |
| Housing vacancy rate | 8.7% |
| Rent burden 30% or higher | 68.5% |
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 Shipley Terrace
Is Shipley Terrace one of the best neighborhoods in Washington?
Shipley Terrace has a Best Neighborhoods USA Index of 12.1 and a city ranking of #110 of 113 eligible neighborhoods in Washington.
How much are homes worth in Shipley Terrace?
The current Zillow Home Value Index for Shipley Terrace is approximately $371,892.
Are home values rising or falling in Shipley Terrace?
Zillow neighborhood values changed -4.6% year over year and -0.32% month over month.
What is the Neighborhood Momentum Score for Shipley Terrace?
Shipley Terrace has a Neighborhood Momentum Score of 10.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Shipley Terrace?
The NDS-derived neighborhood median household income is approximately $30,580.
How affordable is Shipley Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 12.16. Price-to-income affordability is a major Value Opportunity input.
Is Shipley Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 23.4%.
What is the unemployment rate in Shipley Terrace?
The NDS-derived civilian unemployment rate is approximately 18.1%.
How educated are residents of Shipley Terrace?
Approximately 16.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Shipley Terrace face high rent burden?
Approximately 68.5% 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 Shipley Terrace?
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 applications90
Estimated originations38
Home-purchase applications29
Origination rate42.8%
Home-purchase share32.8%
Average application loan$257,801
Total application loan amount$23,075,493
National application rank#4,781 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.1% YoY; originations 19.6% 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.