What is the Best Neighborhoods USA ranking for Boardman?
Boardman is ranked #5 of 8 eligible neighborhoods in Traverse City; #184 of 334 eligible neighborhoods in MI; and #8,353 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Boardman
Traverse City, MI | Grand Traverse County
Scored premium profile
Best Neighborhoods USA Index
48.0
Stability and Strength
46.4
Value Opportunity
29.4
Momentum
76.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Traverse City, MI |
| County | Grand Traverse County |
| National rank | #8,353 of 14,967 |
| State rank | #184 of 334 |
| City rank | #5 of 8 |
| County rank | #5 of 8 |
| National percentile | 44.2 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $755,720 |
| Year-over-year home value change | 3.0% |
| Month-over-month home value change | 0.53% |
| Home value to income ratio | 8.62 |
| Median household income | $87,656 |
| Bachelor's degree or higher | 44.7% |
| Civilian unemployment rate | 23.7% |
| Homeownership rate | 75.6% |
| Housing vacancy rate | 40.8% |
| Rent burden 30% or higher | 26.8% |
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 Boardman
Is Boardman one of the best neighborhoods in Traverse City?
Boardman has a Best Neighborhoods USA Index of 48.0 and a city ranking of #5 of 8 eligible neighborhoods in Traverse City.
How much are homes worth in Boardman?
The current Zillow Home Value Index for Boardman is approximately $755,720.
Are home values rising or falling in Boardman?
Zillow neighborhood values changed 3.0% year over year and 0.53% month over month.
What is the Neighborhood Momentum Score for Boardman?
Boardman has a Neighborhood Momentum Score of 76.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Boardman?
The NDS-derived neighborhood median household income is approximately $87,656.
How affordable is Boardman relative to household income?
The current Zillow home-value-to-household-income ratio is 8.62. Price-to-income affordability is a major Value Opportunity input.
Is Boardman primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 75.6%.
What is the unemployment rate in Boardman?
The NDS-derived civilian unemployment rate is approximately 23.7%.
How educated are residents of Boardman?
Approximately 44.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Boardman face high rent burden?
Approximately 26.8% 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 Boardman?
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 applications6
Estimated originations3
Home-purchase applications3
Origination rate56.0%
Home-purchase share51.2%
Average application loan$261,960
Total application loan amount$1,566,167
National application rank#13,475 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.2% YoY; originations 11.1% 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.