Neighborhood Profile

Drake

Des Moines, IA | Polk County
Scored premium profile
Best Neighborhoods USA Index
42.3
National rank: #10,310 of 14,967
Stability and Strength
35.9
Score
Value Opportunity
51.9
Score
Momentum
39.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDes Moines, IA
CountyPolk County
National rank#10,310 of 14,967
State rank#114 of 165
City rank#38 of 60
County rank#38 of 60
National percentile31.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$215,023
Year-over-year home value change-0.9%
Month-over-month home value change0.06%
Home value to income ratio3.78
Median household income$56,847
Bachelor's degree or higher39.8%
Civilian unemployment rate7.2%
Homeownership rate43.3%
Housing vacancy rate7.5%
Rent burden 30% or higher55.5%

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 Drake

What is the Best Neighborhoods USA ranking for Drake?

Drake is ranked #38 of 60 eligible neighborhoods in Des Moines; #114 of 165 eligible neighborhoods in IA; and #10,310 of 14,967 eligible neighborhoods in the United States.

Is Drake one of the best neighborhoods in Des Moines?

Drake has a Best Neighborhoods USA Index of 42.3 and a city ranking of #38 of 60 eligible neighborhoods in Des Moines.

How much are homes worth in Drake?

The current Zillow Home Value Index for Drake is approximately $215,023.

Are home values rising or falling in Drake?

Zillow neighborhood values changed -0.9% year over year and 0.06% month over month.

What is the Neighborhood Momentum Score for Drake?

Drake has a Neighborhood Momentum Score of 39.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Drake?

The NDS-derived neighborhood median household income is approximately $56,847.

How affordable is Drake relative to household income?

The current Zillow home-value-to-household-income ratio is 3.78. Price-to-income affordability is a major Value Opportunity input.

Is Drake primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 43.3%.

What is the unemployment rate in Drake?

The NDS-derived civilian unemployment rate is approximately 7.2%.

How educated are residents of Drake?

Approximately 39.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Drake face high rent burden?

Approximately 55.5% 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 Drake?

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 applications306
Estimated originations201
Home-purchase applications160
Origination rate65.6%
Home-purchase share52.4%
Average application loan$155,321
Total application loan amount$47,505,105
National application rank#1,154 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.0% YoY; originations 6.7% 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.