Neighborhood Profile

Morrell Park

Baltimore, MD | Baltimore City
Scored premium profile
Best Neighborhoods USA Index
35.9
National rank: #12,151 of 14,967
Stability and Strength
35.2
Score
Value Opportunity
53.3
Score
Momentum
12.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBaltimore, MD
CountyBaltimore City
National rank#12,151 of 14,967
State rank#167 of 273
City rank#134 of 235
County rank#134 of 235
National percentile18.8
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$136,845
Year-over-year home value change-3.3%
Month-over-month home value change-0.54%
Home value to income ratio2.70
Median household income$50,618
Bachelor's degree or higher22.7%
Civilian unemployment rate6.4%
Homeownership rate59.3%
Housing vacancy rate10.7%
Rent burden 30% or higher40.8%

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 Morrell Park

What is the Best Neighborhoods USA ranking for Morrell Park?

Morrell Park is ranked #134 of 235 eligible neighborhoods in Baltimore; #167 of 273 eligible neighborhoods in MD; and #12,151 of 14,967 eligible neighborhoods in the United States.

Is Morrell Park one of the best neighborhoods in Baltimore?

Morrell Park has a Best Neighborhoods USA Index of 35.9 and a city ranking of #134 of 235 eligible neighborhoods in Baltimore.

How much are homes worth in Morrell Park?

The current Zillow Home Value Index for Morrell Park is approximately $136,845.

Are home values rising or falling in Morrell Park?

Zillow neighborhood values changed -3.3% year over year and -0.54% month over month.

What is the Neighborhood Momentum Score for Morrell Park?

Morrell Park has a Neighborhood Momentum Score of 12.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Morrell Park?

The NDS-derived neighborhood median household income is approximately $50,618.

How affordable is Morrell Park relative to household income?

The current Zillow home-value-to-household-income ratio is 2.70. Price-to-income affordability is a major Value Opportunity input.

Is Morrell Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 59.3%.

What is the unemployment rate in Morrell Park?

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

How educated are residents of Morrell Park?

Approximately 22.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 40.8% 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 Morrell 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 applications119
Estimated originations62
Home-purchase applications59
Origination rate52.2%
Home-purchase share50.0%
Average application loan$138,222
Total application loan amount$16,421,861
National application rank#3,695 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -10.0% YoY; originations -10.7% 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.