Neighborhood Profile

Millbrook

Philadelphia, PA | Philadelphia County
Scored premium profile
Best Neighborhoods USA Index
54.8
National rank: #5,817 of 14,967
Stability and Strength
57.8
Score
Value Opportunity
60.9
Score
Momentum
41.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPhiladelphia, PA
CountyPhiladelphia County
National rank#5,817 of 14,967
State rank#134 of 382
City rank#38 of 140
County rank#38 of 140
National percentile61.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$328,158
Year-over-year home value change0.1%
Month-over-month home value change-0.13%
Home value to income ratio4.06
Median household income$80,897
Bachelor's degree or higher26.6%
Civilian unemployment rate2.8%
Homeownership rate87.3%
Housing vacancy rate3.8%
Rent burden 30% or higher57.3%

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 Millbrook

What is the Best Neighborhoods USA ranking for Millbrook?

Millbrook is ranked #38 of 140 eligible neighborhoods in Philadelphia; #134 of 382 eligible neighborhoods in PA; and #5,817 of 14,967 eligible neighborhoods in the United States.

Is Millbrook one of the best neighborhoods in Philadelphia?

Millbrook has a Best Neighborhoods USA Index of 54.8 and a city ranking of #38 of 140 eligible neighborhoods in Philadelphia.

How much are homes worth in Millbrook?

The current Zillow Home Value Index for Millbrook is approximately $328,158.

Are home values rising or falling in Millbrook?

Zillow neighborhood values changed 0.1% year over year and -0.13% month over month.

What is the Neighborhood Momentum Score for Millbrook?

Millbrook has a Neighborhood Momentum Score of 41.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Millbrook?

The NDS-derived neighborhood median household income is approximately $80,897.

How affordable is Millbrook relative to household income?

The current Zillow home-value-to-household-income ratio is 4.06. Price-to-income affordability is a major Value Opportunity input.

Is Millbrook primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 87.3%.

What is the unemployment rate in Millbrook?

The NDS-derived civilian unemployment rate is approximately 2.8%.

How educated are residents of Millbrook?

Approximately 26.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Millbrook face high rent burden?

Approximately 57.3% 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 Millbrook?

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 applications169
Estimated originations115
Home-purchase applications51
Origination rate68.1%
Home-purchase share30.4%
Average application loan$164,089
Total application loan amount$27,671,531
National application rank#2,584 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.8% YoY; originations 10.2% 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.