Neighborhood Profile

Hollywood

Portland, OR | Multnomah County
Scored premium profile
Best Neighborhoods USA Index
48.8
National rank: #8,054 of 14,967
Stability and Strength
56.6
Score
Value Opportunity
52.6
Score
Momentum
30.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPortland, OR
CountyMultnomah County
National rank#8,054 of 14,967
State rank#160 of 254
City rank#67 of 91
County rank#71 of 104
National percentile46.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$582,203
Year-over-year home value change-2.5%
Month-over-month home value change0.14%
Home value to income ratio6.23
Median household income$93,501
Bachelor's degree or higher64.8%
Civilian unemployment rate4.6%
Homeownership rate34.4%
Housing vacancy rate7.4%
Rent burden 30% or higher43.7%

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 Hollywood

What is the Best Neighborhoods USA ranking for Hollywood?

Hollywood is ranked #67 of 91 eligible neighborhoods in Portland; #160 of 254 eligible neighborhoods in OR; and #8,054 of 14,967 eligible neighborhoods in the United States.

Is Hollywood one of the best neighborhoods in Portland?

Hollywood has a Best Neighborhoods USA Index of 48.8 and a city ranking of #67 of 91 eligible neighborhoods in Portland.

How much are homes worth in Hollywood?

The current Zillow Home Value Index for Hollywood is approximately $582,203.

Are home values rising or falling in Hollywood?

Zillow neighborhood values changed -2.5% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Hollywood?

Hollywood has a Neighborhood Momentum Score of 30.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hollywood?

The NDS-derived neighborhood median household income is approximately $93,501.

How affordable is Hollywood relative to household income?

The current Zillow home-value-to-household-income ratio is 6.23. Price-to-income affordability is a major Value Opportunity input.

Is Hollywood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 34.4%.

What is the unemployment rate in Hollywood?

The NDS-derived civilian unemployment rate is approximately 4.6%.

How educated are residents of Hollywood?

Approximately 64.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hollywood face high rent burden?

Approximately 43.7% 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 Hollywood?

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 applications34
Estimated originations26
Home-purchase applications18
Origination rate77.0%
Home-purchase share53.0%
Average application loan$600,670
Total application loan amount$20,307,249
National application rank#8,780 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -3.0% YoY; originations 11.3% 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.