Neighborhood Profile

Ottawa Hills

Grand Rapids, MI | Kent County
Scored premium profile
Best Neighborhoods USA Index
63.0
National rank: #3,079 of 14,967
Stability and Strength
58.6
Score
Value Opportunity
51.7
Score
Momentum
85.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGrand Rapids, MI
CountyKent County
National rank#3,079 of 14,967
State rank#87 of 334
City rank#12 of 30
County rank#12 of 30
National percentile79.4
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$659,332
Year-over-year home value change4.2%
Month-over-month home value change0.80%
Home value to income ratio5.37
Median household income$122,839
Bachelor's degree or higher51.2%
Civilian unemployment rate9.9%
Homeownership rate81.3%
Housing vacancy rate8.8%
Rent burden 30% or higher47.4%

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 Ottawa Hills

What is the Best Neighborhoods USA ranking for Ottawa Hills?

Ottawa Hills is ranked #12 of 30 eligible neighborhoods in Grand Rapids; #87 of 334 eligible neighborhoods in MI; and #3,079 of 14,967 eligible neighborhoods in the United States.

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

Ottawa Hills has a Best Neighborhoods USA Index of 63.0 and a city ranking of #12 of 30 eligible neighborhoods in Grand Rapids.

How much are homes worth in Ottawa Hills?

The current Zillow Home Value Index for Ottawa Hills is approximately $659,332.

Are home values rising or falling in Ottawa Hills?

Zillow neighborhood values changed 4.2% year over year and 0.80% month over month.

What is the Neighborhood Momentum Score for Ottawa Hills?

Ottawa Hills has a Neighborhood Momentum Score of 85.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Ottawa Hills?

The NDS-derived neighborhood median household income is approximately $122,839.

How affordable is Ottawa Hills relative to household income?

The current Zillow home-value-to-household-income ratio is 5.37. Price-to-income affordability is a major Value Opportunity input.

Is Ottawa Hills primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 81.3%.

What is the unemployment rate in Ottawa Hills?

The NDS-derived civilian unemployment rate is approximately 9.9%.

How educated are residents of Ottawa Hills?

Approximately 51.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 47.4% 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 Ottawa 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 applications32
Estimated originations17
Home-purchase applications11
Origination rate55.3%
Home-purchase share36.4%
Average application loan$194,167
Total application loan amount$6,118,561
National application rank#9,050 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 3.1% YoY; originations -13.1% 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.