Neighborhood Profile

New Duluth

Duluth, MN | Saint Louis County
Scored premium profile
Best Neighborhoods USA Index
72.7
National rank: #904 of 14,967
Stability and Strength
64.0
Score
Value Opportunity
68.9
Score
Momentum
92.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDuluth, MN
CountySaint Louis County
National rank#904 of 14,967
State rank#61 of 275
City rank#8 of 29
County rank#8 of 29
National percentile94.0
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$238,703
Year-over-year home value change7.3%
Month-over-month home value change0.58%
Home value to income ratio2.89
Median household income$82,582
Bachelor's degree or higher28.6%
Civilian unemployment rate0.2%
Homeownership rate83.7%
Housing vacancy rate11.2%
Rent burden 30% or higher15.5%

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 New Duluth

What is the Best Neighborhoods USA ranking for New Duluth?

New Duluth is ranked #8 of 29 eligible neighborhoods in Duluth; #61 of 275 eligible neighborhoods in MN; and #904 of 14,967 eligible neighborhoods in the United States.

Is New Duluth one of the best neighborhoods in Duluth?

New Duluth has a Best Neighborhoods USA Index of 72.7 and a city ranking of #8 of 29 eligible neighborhoods in Duluth.

How much are homes worth in New Duluth?

The current Zillow Home Value Index for New Duluth is approximately $238,703.

Are home values rising or falling in New Duluth?

Zillow neighborhood values changed 7.3% year over year and 0.58% month over month.

What is the Neighborhood Momentum Score for New Duluth?

New Duluth has a Neighborhood Momentum Score of 92.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in New Duluth?

The NDS-derived neighborhood median household income is approximately $82,582.

How affordable is New Duluth relative to household income?

The current Zillow home-value-to-household-income ratio is 2.89. Price-to-income affordability is a major Value Opportunity input.

Is New Duluth primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 83.7%.

What is the unemployment rate in New Duluth?

The NDS-derived civilian unemployment rate is approximately 0.2%.

How educated are residents of New Duluth?

Approximately 28.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in New Duluth face high rent burden?

Approximately 15.5% 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 New Duluth?

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 applications17
Estimated originations11
Home-purchase applications9
Origination rate66.7%
Home-purchase share52.5%
Average application loan$135,505
Total application loan amount$2,319,591
National application rank#11,100 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.9% YoY; originations 29.4% 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.