What is the Best Neighborhoods USA ranking for Elmwood Park?
Elmwood Park is ranked #8 of 77 eligible neighborhoods in Columbia; #8 of 160 eligible neighborhoods in SC; and #397 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Elmwood Park
Columbia, SC | Richland County
Scored premium profile
Best Neighborhoods USA Index
77.4
Stability and Strength
73.5
Value Opportunity
73.5
Momentum
89.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Columbia, SC |
| County | Richland County |
| National rank | #397 of 14,967 |
| State rank | #8 of 160 |
| City rank | #8 of 77 |
| County rank | #8 of 77 |
| National percentile | 97.4 |
| National band | TOP_5_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $382,602 |
| Year-over-year home value change | 5.7% |
| Month-over-month home value change | 0.60% |
| Home value to income ratio | 3.84 |
| Median household income | $99,678 |
| Bachelor's degree or higher | 73.6% |
| Civilian unemployment rate | 2.0% |
| Homeownership rate | 63.2% |
| Housing vacancy rate | 7.0% |
| Rent burden 30% or higher | 25.7% |
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 Elmwood Park
Is Elmwood Park one of the best neighborhoods in Columbia?
Elmwood Park has a Best Neighborhoods USA Index of 77.4 and a city ranking of #8 of 77 eligible neighborhoods in Columbia.
How much are homes worth in Elmwood Park?
The current Zillow Home Value Index for Elmwood Park is approximately $382,602.
Are home values rising or falling in Elmwood Park?
Zillow neighborhood values changed 5.7% year over year and 0.60% month over month.
What is the Neighborhood Momentum Score for Elmwood Park?
Elmwood Park has a Neighborhood Momentum Score of 89.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Elmwood Park?
The NDS-derived neighborhood median household income is approximately $99,678.
How affordable is Elmwood Park relative to household income?
The current Zillow home-value-to-household-income ratio is 3.84. Price-to-income affordability is a major Value Opportunity input.
Is Elmwood Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 63.2%.
What is the unemployment rate in Elmwood Park?
The NDS-derived civilian unemployment rate is approximately 2.0%.
How educated are residents of Elmwood Park?
Approximately 73.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Elmwood Park face high rent burden?
Approximately 25.7% 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 Elmwood 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
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 rate63.3%
Home-purchase share53.2%
Average application loan$264,935
Total application loan amount$4,434,004
National application rank#11,162 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -10.3% YoY; originations -12.3% 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.