What is the Best Neighborhoods USA ranking for Eight Mile Wyoming?
Eight Mile Wyoming is ranked #47 of 80 eligible neighborhoods in Detroit; #288 of 334 eligible neighborhoods in MI; and #13,601 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Eight Mile Wyoming
Detroit, MI | Wayne County
Scored premium profile
Best Neighborhoods USA Index
29.3
Stability and Strength
24.1
Value Opportunity
51.1
Momentum
7.0
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 | #13,601 of 14,967 |
| State rank | #288 of 334 |
| City rank | #47 of 80 |
| County rank | #90 of 123 |
| National percentile | 9.1 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $74,076 |
| Year-over-year home value change | -4.1% |
| Month-over-month home value change | -1.61% |
| Home value to income ratio | 1.58 |
| Median household income | $46,970 |
| Bachelor's degree or higher | 15.3% |
| Civilian unemployment rate | 14.1% |
| Homeownership rate | 66.6% |
| Housing vacancy rate | 7.5% |
| Rent burden 30% or higher | 68.0% |
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 Eight Mile Wyoming
Is Eight Mile Wyoming one of the best neighborhoods in Detroit?
Eight Mile Wyoming has a Best Neighborhoods USA Index of 29.3 and a city ranking of #47 of 80 eligible neighborhoods in Detroit.
How much are homes worth in Eight Mile Wyoming?
The current Zillow Home Value Index for Eight Mile Wyoming is approximately $74,076.
Are home values rising or falling in Eight Mile Wyoming?
Zillow neighborhood values changed -4.1% year over year and -1.61% month over month.
What is the Neighborhood Momentum Score for Eight Mile Wyoming?
Eight Mile Wyoming has a Neighborhood Momentum Score of 7.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Eight Mile Wyoming?
The NDS-derived neighborhood median household income is approximately $46,970.
How affordable is Eight Mile Wyoming relative to household income?
The current Zillow home-value-to-household-income ratio is 1.58. Price-to-income affordability is a major Value Opportunity input.
Is Eight Mile Wyoming primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.6%.
What is the unemployment rate in Eight Mile Wyoming?
The NDS-derived civilian unemployment rate is approximately 14.1%.
How educated are residents of Eight Mile Wyoming?
Approximately 15.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Eight Mile Wyoming face high rent burden?
Approximately 68.0% 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 Eight Mile Wyoming?
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 applications104
Estimated originations50
Home-purchase applications57
Origination rate48.3%
Home-purchase share54.8%
Average application loan$136,898
Total application loan amount$14,235,968
National application rank#4,195 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 23.4% YoY; originations 23.9% 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.