Neighborhood Profile

Black Hills

Grand Rapids, MI | Kent County
Scored premium profile
Best Neighborhoods USA Index
49.6
National rank: #7,772 of 14,967
Stability and Strength
48.1
Score
Value Opportunity
65.0
Score
Momentum
30.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGrand Rapids, MI
CountyKent County
National rank#7,772 of 14,967
State rank#171 of 334
City rank#25 of 30
County rank#25 of 30
National percentile48.1
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$222,038
Year-over-year home value change-1.6%
Month-over-month home value change-0.08%
Home value to income ratio3.33
Median household income$66,695
Bachelor's degree or higher12.1%
Civilian unemployment rate0.4%
Homeownership rate45.7%
Housing vacancy rate0.7%
Rent burden 30% or higher53.9%

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 Black Hills

What is the Best Neighborhoods USA ranking for Black Hills?

Black Hills is ranked #25 of 30 eligible neighborhoods in Grand Rapids; #171 of 334 eligible neighborhoods in MI; and #7,772 of 14,967 eligible neighborhoods in the United States.

Is Black Hills one of the best neighborhoods in Grand Rapids?

Black Hills has a Best Neighborhoods USA Index of 49.6 and a city ranking of #25 of 30 eligible neighborhoods in Grand Rapids.

How much are homes worth in Black Hills?

The current Zillow Home Value Index for Black Hills is approximately $222,038.

Are home values rising or falling in Black Hills?

Zillow neighborhood values changed -1.6% year over year and -0.08% month over month.

What is the Neighborhood Momentum Score for Black Hills?

Black Hills has a Neighborhood Momentum Score of 30.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Black Hills?

The NDS-derived neighborhood median household income is approximately $66,695.

How affordable is Black Hills relative to household income?

The current Zillow home-value-to-household-income ratio is 3.33. Price-to-income affordability is a major Value Opportunity input.

Is Black Hills primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.7%.

What is the unemployment rate in Black Hills?

The NDS-derived civilian unemployment rate is approximately 0.4%.

How educated are residents of Black Hills?

Approximately 12.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Black Hills face high rent burden?

Approximately 53.9% 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 Black Hills?

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 applications25
Estimated originations14
Home-purchase applications9
Origination rate53.6%
Home-purchase share37.1%
Average application loan$120,690
Total application loan amount$3,061,328
National application rank#9,873 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 25.9% YoY; originations 6.8% 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.