What is the Best Neighborhoods USA ranking for Cedar-Riverside?
Cedar-Riverside is ranked #79 of 83 eligible neighborhoods in Minneapolis; #270 of 275 eligible neighborhoods in MN; and #13,810 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cedar-Riverside
Minneapolis, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
27.8
Stability and Strength
18.9
Value Opportunity
19.6
Momentum
53.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Minneapolis, MN |
| County | Hennepin County |
| National rank | #13,810 of 14,967 |
| State rank | #270 of 275 |
| City rank | #79 of 83 |
| County rank | #181 of 185 |
| National percentile | 7.7 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $234,544 |
| Year-over-year home value change | 3.2% |
| Month-over-month home value change | -0.79% |
| Home value to income ratio | 10.83 |
| Median household income | $21,666 |
| Bachelor's degree or higher | 22.8% |
| Civilian unemployment rate | 9.2% |
| Homeownership rate | 8.0% |
| Housing vacancy rate | 4.6% |
| Rent burden 30% or higher | 63.0% |
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 Cedar-Riverside
Is Cedar-Riverside one of the best neighborhoods in Minneapolis?
Cedar-Riverside has a Best Neighborhoods USA Index of 27.8 and a city ranking of #79 of 83 eligible neighborhoods in Minneapolis.
How much are homes worth in Cedar-Riverside?
The current Zillow Home Value Index for Cedar-Riverside is approximately $234,544.
Are home values rising or falling in Cedar-Riverside?
Zillow neighborhood values changed 3.2% year over year and -0.79% month over month.
What is the Neighborhood Momentum Score for Cedar-Riverside?
Cedar-Riverside has a Neighborhood Momentum Score of 53.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cedar-Riverside?
The NDS-derived neighborhood median household income is approximately $21,666.
How affordable is Cedar-Riverside relative to household income?
The current Zillow home-value-to-household-income ratio is 10.83. Price-to-income affordability is a major Value Opportunity input.
Is Cedar-Riverside primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 8.0%.
What is the unemployment rate in Cedar-Riverside?
The NDS-derived civilian unemployment rate is approximately 9.2%.
How educated are residents of Cedar-Riverside?
Approximately 22.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cedar-Riverside face high rent burden?
Approximately 63.0% 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 Cedar-Riverside?
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 applications22
Estimated originations9
Home-purchase applications9
Origination rate39.6%
Home-purchase share39.4%
Average application loan$153,959
Total application loan amount$3,459,104
National application rankNot rankable
Geometry coverage83.8%
Recent trend: Applications -11.7% YoY; originations -39.6% 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.