Neighborhood Profile

Park Place

Escondido, CA | San Diego County
Scored premium profile
Best Neighborhoods USA Index
23.5
National rank: #14,359 of 14,967
Stability and Strength
19.6
Score
Value Opportunity
17.7
Score
Momentum
37.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationEscondido, CA
CountySan Diego County
National rank#14,359 of 14,967
State rank#1,754 of 1,814
City rank#9 of 9
County rank#167 of 170
National percentile4.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$617,671
Year-over-year home value change-1.5%
Month-over-month home value change0.16%
Home value to income ratio19.04
Median household income$32,432
Bachelor's degree or higher22.2%
Civilian unemployment rate6.6%
Homeownership rate7.2%
Housing vacancy rate6.9%
Rent burden 30% or higher77.6%

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 Park Place

What is the Best Neighborhoods USA ranking for Park Place?

Park Place is ranked #9 of 9 eligible neighborhoods in Escondido; #1,754 of 1,814 eligible neighborhoods in CA; and #14,359 of 14,967 eligible neighborhoods in the United States.

Is Park Place one of the best neighborhoods in Escondido?

Park Place has a Best Neighborhoods USA Index of 23.5 and a city ranking of #9 of 9 eligible neighborhoods in Escondido.

How much are homes worth in Park Place?

The current Zillow Home Value Index for Park Place is approximately $617,671.

Are home values rising or falling in Park Place?

Zillow neighborhood values changed -1.5% year over year and 0.16% month over month.

What is the Neighborhood Momentum Score for Park Place?

Park Place has a Neighborhood Momentum Score of 37.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Park Place?

The NDS-derived neighborhood median household income is approximately $32,432.

How affordable is Park Place relative to household income?

The current Zillow home-value-to-household-income ratio is 19.04. Price-to-income affordability is a major Value Opportunity input.

Is Park Place primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 7.2%.

What is the unemployment rate in Park Place?

The NDS-derived civilian unemployment rate is approximately 6.6%.

How educated are residents of Park Place?

Approximately 22.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 77.6% 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 Park 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 applications1
Estimated originations1
Home-purchase applications1
Origination rate77.3%
Home-purchase share72.7%
Average application loan$422,273
Total application loan amount$491,515
National application rank#14,756 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 29.4% YoY; originations 142.9% 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.