What is the Best Neighborhoods USA ranking for Alden Park?
Alden Park is ranked #38 of 80 eligible neighborhoods in Detroit; #268 of 334 eligible neighborhoods in MI; and #12,775 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Alden Park
Detroit, MI | Wayne County
Scored premium profile
Best Neighborhoods USA Index
33.4
Stability and Strength
35.1
Value Opportunity
55.0
Momentum
0.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Detroit, MI |
| County | Wayne County |
| National rank | #12,775 of 14,967 |
| State rank | #268 of 334 |
| City rank | #38 of 80 |
| County rank | #79 of 123 |
| National percentile | 14.7 |
| 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 | $103,460 |
| Year-over-year home value change | -27.2% |
| Month-over-month home value change | -2.26% |
| Home value to income ratio | 1.96 |
| Median household income | $52,779 |
| Bachelor's degree or higher | 31.0% |
| Civilian unemployment rate | 6.6% |
| Homeownership rate | 50.3% |
| Housing vacancy rate | 32.1% |
| Rent burden 30% or higher | 25.9% |
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 Alden Park
Is Alden Park one of the best neighborhoods in Detroit?
Alden Park has a Best Neighborhoods USA Index of 33.4 and a city ranking of #38 of 80 eligible neighborhoods in Detroit.
How much are homes worth in Alden Park?
The current Zillow Home Value Index for Alden Park is approximately $103,460.
Are home values rising or falling in Alden Park?
Zillow neighborhood values changed -27.2% year over year and -2.26% month over month.
What is the Neighborhood Momentum Score for Alden Park?
Alden Park has a Neighborhood Momentum Score of 0.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Alden Park?
The NDS-derived neighborhood median household income is approximately $52,779.
How affordable is Alden Park relative to household income?
The current Zillow home-value-to-household-income ratio is 1.96. Price-to-income affordability is a major Value Opportunity input.
Is Alden Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 50.3%.
What is the unemployment rate in Alden Park?
The NDS-derived civilian unemployment rate is approximately 6.6%.
How educated are residents of Alden Park?
Approximately 31.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Alden Park face high rent burden?
Approximately 25.9% 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 Alden 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
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 applications11
Estimated originations4
Home-purchase applications5
Origination rate35.4%
Home-purchase share41.4%
Average application loan$198,027
Total application loan amount$2,206,410
National application rank#12,274 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 35.6% YoY; originations 39.9% 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.