Neighborhood Profile

University Place

Lincoln, NE | Lancaster County
Scored premium profile
Best Neighborhoods USA Index
45.7
National rank: #9,154 of 14,967
Stability and Strength
43.5
Score
Value Opportunity
52.9
Score
Momentum
39.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLincoln, NE
CountyLancaster County
National rank#9,154 of 14,967
State rank#35 of 39
City rank#34 of 38
County rank#34 of 38
National percentile38.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$218,255
Year-over-year home value change0.5%
Month-over-month home value change-0.41%
Home value to income ratio4.26
Median household income$51,272
Bachelor's degree or higher31.9%
Civilian unemployment rate3.3%
Homeownership rate42.6%
Housing vacancy rate4.9%
Rent burden 30% or higher46.3%

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 University Place

What is the Best Neighborhoods USA ranking for University Place?

University Place is ranked #34 of 38 eligible neighborhoods in Lincoln; #35 of 39 eligible neighborhoods in NE; and #9,154 of 14,967 eligible neighborhoods in the United States.

Is University Place one of the best neighborhoods in Lincoln?

University Place has a Best Neighborhoods USA Index of 45.7 and a city ranking of #34 of 38 eligible neighborhoods in Lincoln.

How much are homes worth in University Place?

The current Zillow Home Value Index for University Place is approximately $218,255.

Are home values rising or falling in University Place?

Zillow neighborhood values changed 0.5% year over year and -0.41% month over month.

What is the Neighborhood Momentum Score for University Place?

University Place has a Neighborhood Momentum Score of 39.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in University Place?

The NDS-derived neighborhood median household income is approximately $51,272.

How affordable is University Place relative to household income?

The current Zillow home-value-to-household-income ratio is 4.26. Price-to-income affordability is a major Value Opportunity input.

Is University Place primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 42.6%.

What is the unemployment rate in University Place?

The NDS-derived civilian unemployment rate is approximately 3.3%.

How educated are residents of University Place?

Approximately 31.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in University Place face high rent burden?

Approximately 46.3% 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 University Place?

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 applications340
Estimated originations242
Home-purchase applications195
Origination rate71.1%
Home-purchase share57.3%
Average application loan$148,977
Total application loan amount$50,693,464
National application rank#978 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 32.9% YoY; originations 29.1% 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.