What is the Best Neighborhoods USA ranking for Balboa Park?
Balboa Park is ranked #7 of 111 eligible neighborhoods in San Diego; #321 of 1,814 eligible neighborhoods in CA; and #3,397 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Balboa Park
San Diego, CA | San Diego County
Scored premium profile
Best Neighborhoods USA Index
61.9
Stability and Strength
70.2
Value Opportunity
51.3
Momentum
63.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | San Diego, CA |
| County | San Diego County |
| National rank | #3,397 of 14,967 |
| State rank | #321 of 1,814 |
| City rank | #7 of 111 |
| County rank | #15 of 170 |
| National percentile | 77.3 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,368,360 |
| Year-over-year home value change | 3.2% |
| Month-over-month home value change | -0.07% |
| Home value to income ratio | 12.11 |
| Median household income | $113,040 |
| Bachelor's degree or higher | 71.0% |
| Civilian unemployment rate | 3.0% |
| Homeownership rate | 56.2% |
| Housing vacancy rate | 3.1% |
| Rent burden 30% or higher | 51.0% |
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 Balboa Park
Is Balboa Park one of the best neighborhoods in San Diego?
Balboa Park has a Best Neighborhoods USA Index of 61.9 and a city ranking of #7 of 111 eligible neighborhoods in San Diego.
How much are homes worth in Balboa Park?
The current Zillow Home Value Index for Balboa Park is approximately $1,368,360.
Are home values rising or falling in Balboa Park?
Zillow neighborhood values changed 3.2% year over year and -0.07% month over month.
What is the Neighborhood Momentum Score for Balboa Park?
Balboa Park has a Neighborhood Momentum Score of 63.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Balboa Park?
The NDS-derived neighborhood median household income is approximately $113,040.
How affordable is Balboa Park relative to household income?
The current Zillow home-value-to-household-income ratio is 12.11. Price-to-income affordability is a major Value Opportunity input.
Is Balboa Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 56.2%.
What is the unemployment rate in Balboa Park?
The NDS-derived civilian unemployment rate is approximately 3.0%.
How educated are residents of Balboa Park?
Approximately 71.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Balboa Park face high rent burden?
Approximately 51.0% 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 Balboa Park?
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 applications77
Estimated originations47
Home-purchase applications47
Origination rate60.8%
Home-purchase share61.3%
Average application loan$436,321
Total application loan amount$33,748,821
National application rankNot rankable
Geometry coverage91.8%
Recent trend: Applications 4.6% YoY; originations 14.6% 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.