What is the Best Neighborhoods USA ranking for Park Ridge?
Park Ridge is ranked #22 of 33 eligible neighborhoods in Bloomington; #492 of 656 eligible neighborhoods in IN; and #9,028 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Park Ridge
Bloomington, IN | Monroe County
Scored premium profile
Best Neighborhoods USA Index
46.1
Stability and Strength
43.9
Value Opportunity
45.1
Momentum
51.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Bloomington, IN |
| County | Monroe County |
| National rank | #9,028 of 14,967 |
| State rank | #492 of 656 |
| City rank | #22 of 33 |
| County rank | #22 of 33 |
| National percentile | 39.7 |
| National band | MIDDLE_50_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 | $346,800 |
| Year-over-year home value change | 2.1% |
| Month-over-month home value change | -0.32% |
| Home value to income ratio | 6.32 |
| Median household income | $54,844 |
| Bachelor's degree or higher | 50.2% |
| Civilian unemployment rate | 1.9% |
| Homeownership rate | 20.0% |
| Housing vacancy rate | 10.3% |
| Rent burden 30% or higher | 55.5% |
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 Park Ridge
Is Park Ridge one of the best neighborhoods in Bloomington?
Park Ridge has a Best Neighborhoods USA Index of 46.1 and a city ranking of #22 of 33 eligible neighborhoods in Bloomington.
How much are homes worth in Park Ridge?
The current Zillow Home Value Index for Park Ridge is approximately $346,800.
Are home values rising or falling in Park Ridge?
Zillow neighborhood values changed 2.1% year over year and -0.32% month over month.
What is the Neighborhood Momentum Score for Park Ridge?
Park Ridge has a Neighborhood Momentum Score of 51.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Park Ridge?
The NDS-derived neighborhood median household income is approximately $54,844.
How affordable is Park Ridge relative to household income?
The current Zillow home-value-to-household-income ratio is 6.32. Price-to-income affordability is a major Value Opportunity input.
Is Park Ridge primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 20.0%.
What is the unemployment rate in Park Ridge?
The NDS-derived civilian unemployment rate is approximately 1.9%.
How educated are residents of Park Ridge?
Approximately 50.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Park Ridge 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 Park Ridge?
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 applications6
Estimated originations3
Home-purchase applications2
Origination rate58.8%
Home-purchase share35.3%
Average application loan$161,618
Total application loan amount$902,449
National application rank#13,594 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.5% YoY; originations -16.7% 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.