Neighborhood Profile

Butcher's Hill

Baltimore, MD | Baltimore City
Scored premium profile
Best Neighborhoods USA Index
57.4
National rank: #4,924 of 14,967
Stability and Strength
60.1
Score
Value Opportunity
72.0
Score
Momentum
32.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBaltimore, MD
CountyBaltimore City
National rank#4,924 of 14,967
State rank#58 of 273
City rank#50 of 235
County rank#50 of 235
National percentile67.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$354,191
Year-over-year home value change-1.6%
Month-over-month home value change0.01%
Home value to income ratio3.18
Median household income$111,535
Bachelor's degree or higher73.9%
Civilian unemployment rate6.2%
Homeownership rate45.0%
Housing vacancy rate9.2%
Rent burden 30% or higher39.6%

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 Butcher's Hill

What is the Best Neighborhoods USA ranking for Butcher's Hill?

Butcher's Hill is ranked #50 of 235 eligible neighborhoods in Baltimore; #58 of 273 eligible neighborhoods in MD; and #4,924 of 14,967 eligible neighborhoods in the United States.

Is Butcher's Hill one of the best neighborhoods in Baltimore?

Butcher's Hill has a Best Neighborhoods USA Index of 57.4 and a city ranking of #50 of 235 eligible neighborhoods in Baltimore.

How much are homes worth in Butcher's Hill?

The current Zillow Home Value Index for Butcher's Hill is approximately $354,191.

Are home values rising or falling in Butcher's Hill?

Zillow neighborhood values changed -1.6% year over year and 0.01% month over month.

What is the Neighborhood Momentum Score for Butcher's Hill?

Butcher's Hill has a Neighborhood Momentum Score of 32.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Butcher's Hill?

The NDS-derived neighborhood median household income is approximately $111,535.

How affordable is Butcher's Hill relative to household income?

The current Zillow home-value-to-household-income ratio is 3.18. Price-to-income affordability is a major Value Opportunity input.

Is Butcher's Hill primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.0%.

What is the unemployment rate in Butcher's Hill?

The NDS-derived civilian unemployment rate is approximately 6.2%.

How educated are residents of Butcher's Hill?

Approximately 73.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Butcher's Hill face high rent burden?

Approximately 39.6% 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 Butcher's Hill?

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 applications92
Estimated originations53
Home-purchase applications61
Origination rate58.2%
Home-purchase share66.1%
Average application loan$228,918
Total application loan amount$21,025,796
National application rank#4,687 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.9% YoY; originations 6.0% 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.