Neighborhood Profile

Core City

Detroit, MI | Wayne County
Scored premium profile
Best Neighborhoods USA Index
8.5
National rank: #14,956 of 14,967
Stability and Strength
7.4
Score
Value Opportunity
12.2
Score
Momentum
5.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDetroit, MI
CountyWayne County
National rank#14,956 of 14,967
State rank#334 of 334
City rank#80 of 80
County rank#123 of 123
National percentile0.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$111,439
Year-over-year home value change-13.3%
Month-over-month home value change-0.36%
Home value to income ratio8.04
Median household income$13,865
Bachelor's degree or higher7.7%
Civilian unemployment rate15.3%
Homeownership rate40.9%
Housing vacancy rate23.1%
Rent burden 30% or higher77.3%

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 Core City

What is the Best Neighborhoods USA ranking for Core City?

Core City is ranked #80 of 80 eligible neighborhoods in Detroit; #334 of 334 eligible neighborhoods in MI; and #14,956 of 14,967 eligible neighborhoods in the United States.

Is Core City one of the best neighborhoods in Detroit?

Core City has a Best Neighborhoods USA Index of 8.5 and a city ranking of #80 of 80 eligible neighborhoods in Detroit.

How much are homes worth in Core City?

The current Zillow Home Value Index for Core City is approximately $111,439.

Are home values rising or falling in Core City?

Zillow neighborhood values changed -13.3% year over year and -0.36% month over month.

What is the Neighborhood Momentum Score for Core City?

Core City has a Neighborhood Momentum Score of 5.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Core City?

The NDS-derived neighborhood median household income is approximately $13,865.

How affordable is Core City relative to household income?

The current Zillow home-value-to-household-income ratio is 8.04. Price-to-income affordability is a major Value Opportunity input.

Is Core City primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 40.9%.

What is the unemployment rate in Core City?

The NDS-derived civilian unemployment rate is approximately 15.3%.

How educated are residents of Core City?

Approximately 7.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Core City face high rent burden?

Approximately 77.3% 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 Core City?

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 applications41
Estimated originations14
Home-purchase applications16
Origination rate34.9%
Home-purchase share38.0%
Average application loan$132,930
Total application loan amount$5,472,683
National application rank#8,025 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.3% YoY; originations -1.0% 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.