Neighborhood Profile

Grove Park

Baltimore, MD | Baltimore City
Scored premium profile
Best Neighborhoods USA Index
35.0
National rank: #12,379 of 14,967
Stability and Strength
21.9
Score
Value Opportunity
35.1
Score
Momentum
56.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBaltimore, MD
CountyBaltimore City
National rank#12,379 of 14,967
State rank#171 of 273
City rank#138 of 235
County rank#138 of 235
National percentile17.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$197,704
Year-over-year home value change3.0%
Month-over-month home value change-0.32%
Home value to income ratio4.72
Median household income$41,871
Bachelor's degree or higher24.0%
Civilian unemployment rate8.6%
Homeownership rate48.3%
Housing vacancy rate14.3%
Rent burden 30% or higher68.8%

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 Grove Park

What is the Best Neighborhoods USA ranking for Grove Park?

Grove Park is ranked #138 of 235 eligible neighborhoods in Baltimore; #171 of 273 eligible neighborhoods in MD; and #12,379 of 14,967 eligible neighborhoods in the United States.

Is Grove Park one of the best neighborhoods in Baltimore?

Grove Park has a Best Neighborhoods USA Index of 35.0 and a city ranking of #138 of 235 eligible neighborhoods in Baltimore.

How much are homes worth in Grove Park?

The current Zillow Home Value Index for Grove Park is approximately $197,704.

Are home values rising or falling in Grove Park?

Zillow neighborhood values changed 3.0% year over year and -0.32% month over month.

What is the Neighborhood Momentum Score for Grove Park?

Grove Park has a Neighborhood Momentum Score of 56.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Grove Park?

The NDS-derived neighborhood median household income is approximately $41,871.

How affordable is Grove Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.72. Price-to-income affordability is a major Value Opportunity input.

Is Grove Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.3%.

What is the unemployment rate in Grove Park?

The NDS-derived civilian unemployment rate is approximately 8.6%.

How educated are residents of Grove Park?

Approximately 24.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Grove Park face high rent burden?

Approximately 68.8% 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 Grove Park?

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 applications46
Estimated originations21
Home-purchase applications16
Origination rate46.1%
Home-purchase share35.0%
Average application loan$181,340
Total application loan amount$8,324,926
National application rank#7,584 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.1% YoY; originations -4.6% 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.