Neighborhood Profile

Victory

Minneapolis, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
59.0
National rank: #4,354 of 14,967
Stability and Strength
52.5
Score
Value Opportunity
66.7
Score
Momentum
58.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMinneapolis, MN
CountyHennepin County
National rank#4,354 of 14,967
State rank#148 of 275
City rank#36 of 83
County rank#105 of 185
National percentile70.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$292,522
Year-over-year home value change2.4%
Month-over-month home value change-0.07%
Home value to income ratio2.97
Median household income$98,449
Bachelor's degree or higher39.2%
Civilian unemployment rate7.0%
Homeownership rate79.3%
Housing vacancy rate5.8%
Rent burden 30% or higher64.8%

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 Victory

What is the Best Neighborhoods USA ranking for Victory?

Victory is ranked #36 of 83 eligible neighborhoods in Minneapolis; #148 of 275 eligible neighborhoods in MN; and #4,354 of 14,967 eligible neighborhoods in the United States.

Is Victory one of the best neighborhoods in Minneapolis?

Victory has a Best Neighborhoods USA Index of 59.0 and a city ranking of #36 of 83 eligible neighborhoods in Minneapolis.

How much are homes worth in Victory?

The current Zillow Home Value Index for Victory is approximately $292,522.

Are home values rising or falling in Victory?

Zillow neighborhood values changed 2.4% year over year and -0.07% month over month.

What is the Neighborhood Momentum Score for Victory?

Victory has a Neighborhood Momentum Score of 58.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Victory?

The NDS-derived neighborhood median household income is approximately $98,449.

How affordable is Victory relative to household income?

The current Zillow home-value-to-household-income ratio is 2.97. Price-to-income affordability is a major Value Opportunity input.

Is Victory primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 79.3%.

What is the unemployment rate in Victory?

The NDS-derived civilian unemployment rate is approximately 7.0%.

How educated are residents of Victory?

Approximately 39.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Victory face high rent burden?

Approximately 64.8% 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 Victory?

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 applications194
Estimated originations135
Home-purchase applications116
Origination rate69.9%
Home-purchase share60.1%
Average application loan$166,526
Total application loan amount$32,246,868
National application rank#2,152 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.3% YoY; originations -6.3% 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.