Neighborhood Profile

Northwood

Philadelphia, PA | Philadelphia County
Scored premium profile
Best Neighborhoods USA Index
32.7
National rank: #12,923 of 14,967
Stability and Strength
31.5
Score
Value Opportunity
33.4
Score
Momentum
33.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPhiladelphia, PA
CountyPhiladelphia County
National rank#12,923 of 14,967
State rank#315 of 382
City rank#100 of 140
County rank#100 of 140
National percentile13.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$217,823
Year-over-year home value change-3.0%
Month-over-month home value change0.33%
Home value to income ratio5.15
Median household income$42,304
Bachelor's degree or higher25.0%
Civilian unemployment rate14.4%
Homeownership rate78.8%
Housing vacancy rate7.3%
Rent burden 30% or higher54.2%

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 Northwood

What is the Best Neighborhoods USA ranking for Northwood?

Northwood is ranked #100 of 140 eligible neighborhoods in Philadelphia; #315 of 382 eligible neighborhoods in PA; and #12,923 of 14,967 eligible neighborhoods in the United States.

Is Northwood one of the best neighborhoods in Philadelphia?

Northwood has a Best Neighborhoods USA Index of 32.7 and a city ranking of #100 of 140 eligible neighborhoods in Philadelphia.

How much are homes worth in Northwood?

The current Zillow Home Value Index for Northwood is approximately $217,823.

Are home values rising or falling in Northwood?

Zillow neighborhood values changed -3.0% year over year and 0.33% month over month.

What is the Neighborhood Momentum Score for Northwood?

Northwood has a Neighborhood Momentum Score of 33.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northwood?

The NDS-derived neighborhood median household income is approximately $42,304.

How affordable is Northwood relative to household income?

The current Zillow home-value-to-household-income ratio is 5.15. Price-to-income affordability is a major Value Opportunity input.

Is Northwood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 78.8%.

What is the unemployment rate in Northwood?

The NDS-derived civilian unemployment rate is approximately 14.4%.

How educated are residents of Northwood?

Approximately 25.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northwood face high rent burden?

Approximately 54.2% 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 Northwood?

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 applications277
Estimated originations122
Home-purchase applications101
Origination rate44.1%
Home-purchase share36.3%
Average application loan$138,073
Total application loan amount$38,276,454
National application rank#1,346 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -6.6% YoY; originations -7.4% 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.