What is the Best Neighborhoods USA ranking for Residence Park?
Residence Park is ranked #20 of 62 eligible neighborhoods in Dayton; #236 of 481 eligible neighborhoods in OH; and #8,849 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Residence Park
Dayton, OH | Montgomery County
Scored premium profile
Best Neighborhoods USA Index
46.6
Stability and Strength
18.4
Value Opportunity
44.8
Momentum
94.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Dayton, OH |
| County | Montgomery County |
| National rank | #8,849 of 14,967 |
| State rank | #236 of 481 |
| City rank | #20 of 62 |
| County rank | #20 of 62 |
| National percentile | 40.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $71,103 |
| Year-over-year home value change | 19.6% |
| Month-over-month home value change | 0.44% |
| Home value to income ratio | 2.53 |
| Median household income | $28,073 |
| Bachelor's degree or higher | 9.7% |
| Civilian unemployment rate | 7.3% |
| Homeownership rate | 44.1% |
| Housing vacancy rate | 21.3% |
| Rent burden 30% or higher | 52.2% |
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 Residence Park
Is Residence Park one of the best neighborhoods in Dayton?
Residence Park has a Best Neighborhoods USA Index of 46.6 and a city ranking of #20 of 62 eligible neighborhoods in Dayton.
How much are homes worth in Residence Park?
The current Zillow Home Value Index for Residence Park is approximately $71,103.
Are home values rising or falling in Residence Park?
Zillow neighborhood values changed 19.6% year over year and 0.44% month over month.
What is the Neighborhood Momentum Score for Residence Park?
Residence Park has a Neighborhood Momentum Score of 94.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Residence Park?
The NDS-derived neighborhood median household income is approximately $28,073.
How affordable is Residence Park relative to household income?
The current Zillow home-value-to-household-income ratio is 2.53. Price-to-income affordability is a major Value Opportunity input.
Is Residence Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 44.1%.
What is the unemployment rate in Residence Park?
The NDS-derived civilian unemployment rate is approximately 7.3%.
How educated are residents of Residence Park?
Approximately 9.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Residence Park face high rent burden?
Approximately 52.2% 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 Residence 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 applications99
Estimated originations42
Home-purchase applications61
Origination rate42.7%
Home-purchase share62.1%
Average application loan$84,615
Total application loan amount$8,354,652
National application rank#4,391 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 32.1% YoY; originations 33.1% 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.