Neighborhood Profile

Wyoming

Melrose, MA | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
60.8
National rank: #3,751 of 14,967
Stability and Strength
57.4
Score
Value Opportunity
44.9
Score
Momentum
88.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMelrose, MA
CountyMiddlesex County
National rank#3,751 of 14,967
State rank#89 of 259
City rank#6 of 7
County rank#40 of 110
National percentile74.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$963,817
Year-over-year home value change5.1%
Month-over-month home value change0.77%
Home value to income ratio8.99
Median household income$107,224
Bachelor's degree or higher54.6%
Civilian unemployment rate6.4%
Homeownership rate57.2%
Housing vacancy rate4.7%
Rent burden 30% or higher53.7%

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 Wyoming

What is the Best Neighborhoods USA ranking for Wyoming?

Wyoming is ranked #6 of 7 eligible neighborhoods in Melrose; #89 of 259 eligible neighborhoods in MA; and #3,751 of 14,967 eligible neighborhoods in the United States.

Is Wyoming one of the best neighborhoods in Melrose?

Wyoming has a Best Neighborhoods USA Index of 60.8 and a city ranking of #6 of 7 eligible neighborhoods in Melrose.

How much are homes worth in Wyoming?

The current Zillow Home Value Index for Wyoming is approximately $963,817.

Are home values rising or falling in Wyoming?

Zillow neighborhood values changed 5.1% year over year and 0.77% month over month.

What is the Neighborhood Momentum Score for Wyoming?

Wyoming has a Neighborhood Momentum Score of 88.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Wyoming?

The NDS-derived neighborhood median household income is approximately $107,224.

How affordable is Wyoming relative to household income?

The current Zillow home-value-to-household-income ratio is 8.99. Price-to-income affordability is a major Value Opportunity input.

Is Wyoming primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 57.2%.

What is the unemployment rate in Wyoming?

The NDS-derived civilian unemployment rate is approximately 6.4%.

How educated are residents of Wyoming?

Approximately 54.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Wyoming face high rent burden?

Approximately 53.7% 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 Wyoming?

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 applications86
Estimated originations61
Home-purchase applications48
Origination rate71.2%
Home-purchase share55.7%
Average application loan$500,151
Total application loan amount$43,015,222
National application rank#4,933 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.4% YoY; originations 36.9% 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.