What is the Best Neighborhoods USA ranking for Ventura Village?
Ventura Village is ranked #83 of 83 eligible neighborhoods in Minneapolis; #275 of 275 eligible neighborhoods in MN; and #14,743 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Ventura Village
Minneapolis, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
18.4
Stability and Strength
14.2
Value Opportunity
14.0
Momentum
31.1
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 | #14,743 of 14,967 |
| State rank | #275 of 275 |
| City rank | #83 of 83 |
| County rank | #185 of 185 |
| National percentile | 1.5 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $270,518 |
| Year-over-year home value change | -0.2% |
| Month-over-month home value change | -0.70% |
| Home value to income ratio | 10.98 |
| Median household income | $24,646 |
| Bachelor's degree or higher | 20.2% |
| Civilian unemployment rate | 10.9% |
| Homeownership rate | 16.0% |
| Housing vacancy rate | 12.5% |
| Rent burden 30% or higher | 59.0% |
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 Ventura Village
Is Ventura Village one of the best neighborhoods in Minneapolis?
Ventura Village has a Best Neighborhoods USA Index of 18.4 and a city ranking of #83 of 83 eligible neighborhoods in Minneapolis.
How much are homes worth in Ventura Village?
The current Zillow Home Value Index for Ventura Village is approximately $270,518.
Are home values rising or falling in Ventura Village?
Zillow neighborhood values changed -0.2% year over year and -0.70% month over month.
What is the Neighborhood Momentum Score for Ventura Village?
Ventura Village has a Neighborhood Momentum Score of 31.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Ventura Village?
The NDS-derived neighborhood median household income is approximately $24,646.
How affordable is Ventura Village relative to household income?
The current Zillow home-value-to-household-income ratio is 10.98. Price-to-income affordability is a major Value Opportunity input.
Is Ventura Village primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 16.0%.
What is the unemployment rate in Ventura Village?
The NDS-derived civilian unemployment rate is approximately 10.9%.
How educated are residents of Ventura Village?
Approximately 20.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Ventura Village face high rent burden?
Approximately 59.0% 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 Ventura Village?
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 applications54
Estimated originations28
Home-purchase applications42
Origination rate53.0%
Home-purchase share78.0%
Average application loan$271,221
Total application loan amount$14,533,517
National application rank#6,961 of 14,874 rankable neighborhoods
Geometry coverage99.7%
Recent trend: Applications 60.9% YoY; originations 186.0% 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.