Neighborhood Profile

Berkley

Washington, DC | District of Columbia
Scored premium profile
Best Neighborhoods USA Index
54.6
National rank: #5,892 of 14,967
Stability and Strength
69.2
Score
Value Opportunity
39.0
Score
Momentum
53.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWashington, DC
CountyDistrict of Columbia
National rank#5,892 of 14,967
State rank#38 of 113
City rank#38 of 113
County rank#38 of 113
National percentile60.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,580,812
Year-over-year home value change1.0%
Month-over-month home value change0.03%
Home value to income ratio30.89
Median household income$83,546
Bachelor's degree or higher92.2%
Civilian unemployment rate3.6%
Homeownership rate78.2%
Housing vacancy rate13.5%
Rent burden 30% or higher22.4%

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 Berkley

What is the Best Neighborhoods USA ranking for Berkley?

Berkley is ranked #38 of 113 eligible neighborhoods in Washington; #38 of 113 eligible neighborhoods in DC; and #5,892 of 14,967 eligible neighborhoods in the United States.

Is Berkley one of the best neighborhoods in Washington?

Berkley has a Best Neighborhoods USA Index of 54.6 and a city ranking of #38 of 113 eligible neighborhoods in Washington.

How much are homes worth in Berkley?

The current Zillow Home Value Index for Berkley is approximately $2,580,812.

Are home values rising or falling in Berkley?

Zillow neighborhood values changed 1.0% year over year and 0.03% month over month.

What is the Neighborhood Momentum Score for Berkley?

Berkley has a Neighborhood Momentum Score of 53.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Berkley?

The NDS-derived neighborhood median household income is approximately $83,546.

How affordable is Berkley relative to household income?

The current Zillow home-value-to-household-income ratio is 30.89. Price-to-income affordability is a major Value Opportunity input.

Is Berkley primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 78.2%.

What is the unemployment rate in Berkley?

The NDS-derived civilian unemployment rate is approximately 3.6%.

How educated are residents of Berkley?

Approximately 92.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Berkley face high rent burden?

Approximately 22.4% 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 Berkley?

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 applications56
Estimated originations34
Home-purchase applications26
Origination rate60.5%
Home-purchase share46.4%
Average application loan$1,108,457
Total application loan amount$61,790,295
National application rank#6,801 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.5% YoY; originations -0.4% 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.