Neighborhood Profile

East Harriet

Minneapolis, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
67.8
National rank: #1,810 of 14,967
Stability and Strength
66.7
Score
Value Opportunity
51.2
Score
Momentum
92.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMinneapolis, MN
CountyHennepin County
National rank#1,810 of 14,967
State rank#93 of 275
City rank#23 of 83
County rank#64 of 185
National percentile87.9
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$672,211
Year-over-year home value change6.6%
Month-over-month home value change0.82%
Home value to income ratio8.08
Median household income$83,174
Bachelor's degree or higher69.4%
Civilian unemployment rate1.2%
Homeownership rate64.0%
Housing vacancy rate8.1%
Rent burden 30% or higher50.6%

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 East Harriet

What is the Best Neighborhoods USA ranking for East Harriet?

East Harriet is ranked #23 of 83 eligible neighborhoods in Minneapolis; #93 of 275 eligible neighborhoods in MN; and #1,810 of 14,967 eligible neighborhoods in the United States.

Is East Harriet one of the best neighborhoods in Minneapolis?

East Harriet has a Best Neighborhoods USA Index of 67.8 and a city ranking of #23 of 83 eligible neighborhoods in Minneapolis.

How much are homes worth in East Harriet?

The current Zillow Home Value Index for East Harriet is approximately $672,211.

Are home values rising or falling in East Harriet?

Zillow neighborhood values changed 6.6% year over year and 0.82% month over month.

What is the Neighborhood Momentum Score for East Harriet?

East Harriet has a Neighborhood Momentum Score of 92.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in East Harriet?

The NDS-derived neighborhood median household income is approximately $83,174.

How affordable is East Harriet relative to household income?

The current Zillow home-value-to-household-income ratio is 8.08. Price-to-income affordability is a major Value Opportunity input.

Is East Harriet primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 64.0%.

What is the unemployment rate in East Harriet?

The NDS-derived civilian unemployment rate is approximately 1.2%.

How educated are residents of East Harriet?

Approximately 69.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in East Harriet face high rent burden?

Approximately 50.6% 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 East Harriet?

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 applications113
Estimated originations83
Home-purchase applications61
Origination rate73.3%
Home-purchase share54.0%
Average application loan$310,722
Total application loan amount$35,002,272
National application rank#3,896 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.7% YoY; originations -2.3% 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.