Neighborhood Profile

Groesbeck

Lansing, MI | Ingham County
Scored premium profile
Best Neighborhoods USA Index
62.1
National rank: #3,330 of 14,967
Stability and Strength
53.0
Score
Value Opportunity
62.4
Score
Momentum
76.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLansing, MI
CountyIngham County
National rank#3,330 of 14,967
State rank#98 of 334
City rank#5 of 36
County rank#10 of 47
National percentile77.8
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$277,500
Year-over-year home value change4.5%
Month-over-month home value change0.14%
Home value to income ratio4.09
Median household income$67,831
Bachelor's degree or higher57.1%
Civilian unemployment rate4.1%
Homeownership rate61.6%
Housing vacancy rate3.1%
Rent burden 30% or higher68.7%

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 Groesbeck

What is the Best Neighborhoods USA ranking for Groesbeck?

Groesbeck is ranked #5 of 36 eligible neighborhoods in Lansing; #98 of 334 eligible neighborhoods in MI; and #3,330 of 14,967 eligible neighborhoods in the United States.

Is Groesbeck one of the best neighborhoods in Lansing?

Groesbeck has a Best Neighborhoods USA Index of 62.1 and a city ranking of #5 of 36 eligible neighborhoods in Lansing.

How much are homes worth in Groesbeck?

The current Zillow Home Value Index for Groesbeck is approximately $277,500.

Are home values rising or falling in Groesbeck?

Zillow neighborhood values changed 4.5% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Groesbeck?

Groesbeck has a Neighborhood Momentum Score of 76.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Groesbeck?

The NDS-derived neighborhood median household income is approximately $67,831.

How affordable is Groesbeck relative to household income?

The current Zillow home-value-to-household-income ratio is 4.09. Price-to-income affordability is a major Value Opportunity input.

Is Groesbeck primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 61.6%.

What is the unemployment rate in Groesbeck?

The NDS-derived civilian unemployment rate is approximately 4.1%.

How educated are residents of Groesbeck?

Approximately 57.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Groesbeck face high rent burden?

Approximately 68.7% 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 Groesbeck?

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 applications78
Estimated originations53
Home-purchase applications38
Origination rate67.4%
Home-purchase share49.2%
Average application loan$152,441
Total application loan amount$11,883,467
National application rank#5,337 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.3% YoY; originations 28.0% 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.