What is the Best Neighborhoods USA ranking for Stevens Square?
Stevens Square is ranked #73 of 83 eligible neighborhoods in Minneapolis; #259 of 275 eligible neighborhoods in MN; and #12,616 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Stevens Square
Minneapolis, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
34.1
Stability and Strength
33.3
Value Opportunity
26.4
Momentum
46.1
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 | #12,616 of 14,967 |
| State rank | #259 of 275 |
| City rank | #73 of 83 |
| County rank | #174 of 185 |
| National percentile | 15.7 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $348,395 |
| Year-over-year home value change | 1.7% |
| Month-over-month home value change | -0.51% |
| Home value to income ratio | 9.80 |
| Median household income | $35,557 |
| Bachelor's degree or higher | 36.5% |
| Civilian unemployment rate | 4.4% |
| Homeownership rate | 24.7% |
| Housing vacancy rate | 11.5% |
| Rent burden 30% or higher | 42.8% |
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 Stevens Square
Is Stevens Square one of the best neighborhoods in Minneapolis?
Stevens Square has a Best Neighborhoods USA Index of 34.1 and a city ranking of #73 of 83 eligible neighborhoods in Minneapolis.
How much are homes worth in Stevens Square?
The current Zillow Home Value Index for Stevens Square is approximately $348,395.
Are home values rising or falling in Stevens Square?
Zillow neighborhood values changed 1.7% year over year and -0.51% month over month.
What is the Neighborhood Momentum Score for Stevens Square?
Stevens Square has a Neighborhood Momentum Score of 46.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Stevens Square?
The NDS-derived neighborhood median household income is approximately $35,557.
How affordable is Stevens Square relative to household income?
The current Zillow home-value-to-household-income ratio is 9.80. Price-to-income affordability is a major Value Opportunity input.
Is Stevens Square primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 24.7%.
What is the unemployment rate in Stevens Square?
The NDS-derived civilian unemployment rate is approximately 4.4%.
How educated are residents of Stevens Square?
Approximately 36.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Stevens Square face high rent burden?
Approximately 42.8% 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 Stevens Square?
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 applications52
Estimated originations30
Home-purchase applications35
Origination rate58.3%
Home-purchase share67.0%
Average application loan$314,178
Total application loan amount$16,268,149
National application rank#7,094 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -22.9% YoY; originations -40.6% 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.