Neighborhood Profile

Park Ridge East

Bloomington, IN | Monroe County
Scored premium profile
Best Neighborhoods USA Index
45.6
National rank: #9,177 of 14,967
Stability and Strength
52.3
Score
Value Opportunity
48.3
Score
Momentum
31.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBloomington, IN
CountyMonroe County
National rank#9,177 of 14,967
State rank#499 of 656
City rank#23 of 33
County rank#23 of 33
National percentile38.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$362,403
Year-over-year home value change-0.5%
Month-over-month home value change-0.41%
Home value to income ratio6.74
Median household income$53,752
Bachelor's degree or higher69.8%
Civilian unemployment rate2.5%
Homeownership rate42.0%
Housing vacancy rate5.8%
Rent burden 30% or higher55.7%

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 East

What is the Best Neighborhoods USA ranking for Park Ridge East?

Park Ridge East is ranked #23 of 33 eligible neighborhoods in Bloomington; #499 of 656 eligible neighborhoods in IN; and #9,177 of 14,967 eligible neighborhoods in the United States.

Is Park Ridge East one of the best neighborhoods in Bloomington?

Park Ridge East has a Best Neighborhoods USA Index of 45.6 and a city ranking of #23 of 33 eligible neighborhoods in Bloomington.

How much are homes worth in Park Ridge East?

The current Zillow Home Value Index for Park Ridge East is approximately $362,403.

Are home values rising or falling in Park Ridge East?

Zillow neighborhood values changed -0.5% year over year and -0.41% month over month.

What is the Neighborhood Momentum Score for Park Ridge East?

Park Ridge East has a Neighborhood Momentum Score of 31.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Park Ridge East?

The NDS-derived neighborhood median household income is approximately $53,752.

How affordable is Park Ridge East relative to household income?

The current Zillow home-value-to-household-income ratio is 6.74. Price-to-income affordability is a major Value Opportunity input.

Is Park Ridge East primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 42.0%.

What is the unemployment rate in Park Ridge East?

The NDS-derived civilian unemployment rate is approximately 2.5%.

How educated are residents of Park Ridge East?

Approximately 69.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Park Ridge East face high rent burden?

Approximately 55.7% 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 East?

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 applications10
Estimated originations6
Home-purchase applications4
Origination rate58.8%
Home-purchase share35.3%
Average application loan$161,620
Total application loan amount$1,637,142
National application rank#12,471 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.