What is the Best Neighborhoods USA ranking for East Village?
East Village is ranked #55 of 60 eligible neighborhoods in Des Moines; #144 of 165 eligible neighborhoods in IA; and #12,325 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
East Village
Des Moines, IA | Polk County
Scored premium profile
Best Neighborhoods USA Index
35.2
Stability and Strength
48.1
Value Opportunity
44.7
Momentum
1.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Des Moines, IA |
| County | Polk County |
| National rank | #12,325 of 14,967 |
| State rank | #144 of 165 |
| City rank | #55 of 60 |
| County rank | #55 of 60 |
| National percentile | 17.7 |
| National band | LOWER_25_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $411,930 |
| Year-over-year home value change | -15.2% |
| Month-over-month home value change | -0.86% |
| Home value to income ratio | 6.72 |
| Median household income | $61,305 |
| Bachelor's degree or higher | 65.7% |
| Civilian unemployment rate | 6.1% |
| Homeownership rate | 13.1% |
| Housing vacancy rate | 4.4% |
| Rent burden 30% or higher | 30.1% |
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 East Village
Is East Village one of the best neighborhoods in Des Moines?
East Village has a Best Neighborhoods USA Index of 35.2 and a city ranking of #55 of 60 eligible neighborhoods in Des Moines.
How much are homes worth in East Village?
The current Zillow Home Value Index for East Village is approximately $411,930.
Are home values rising or falling in East Village?
Zillow neighborhood values changed -15.2% year over year and -0.86% month over month.
What is the Neighborhood Momentum Score for East Village?
East Village has a Neighborhood Momentum Score of 1.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in East Village?
The NDS-derived neighborhood median household income is approximately $61,305.
How affordable is East Village relative to household income?
The current Zillow home-value-to-household-income ratio is 6.72. Price-to-income affordability is a major Value Opportunity input.
Is East Village primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 13.1%.
What is the unemployment rate in East Village?
The NDS-derived civilian unemployment rate is approximately 6.1%.
How educated are residents of East Village?
Approximately 65.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in East Village face high rent burden?
Approximately 30.1% 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 East Village?
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 applications28
Estimated originations21
Home-purchase applications19
Origination rate73.3%
Home-purchase share66.3%
Average application loan$280,388
Total application loan amount$7,919,041
National application rank#9,475 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.9% YoY; originations 71.9% 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.