Neighborhood Profile

North Park

Buffalo, NY | Erie County
Scored premium profile
Best Neighborhoods USA Index
58.3
National rank: #4,578 of 14,967
Stability and Strength
55.0
Score
Value Opportunity
57.8
Score
Momentum
64.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBuffalo, NY
CountyErie County
National rank#4,578 of 14,967
State rank#130 of 418
City rank#9 of 52
County rank#11 of 54
National percentile69.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$356,327
Year-over-year home value change2.8%
Month-over-month home value change0.04%
Home value to income ratio4.74
Median household income$75,106
Bachelor's degree or higher54.1%
Civilian unemployment rate2.7%
Homeownership rate45.5%
Housing vacancy rate8.5%
Rent burden 30% or higher47.6%

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 North Park

What is the Best Neighborhoods USA ranking for North Park?

North Park is ranked #9 of 52 eligible neighborhoods in Buffalo; #130 of 418 eligible neighborhoods in NY; and #4,578 of 14,967 eligible neighborhoods in the United States.

Is North Park one of the best neighborhoods in Buffalo?

North Park has a Best Neighborhoods USA Index of 58.3 and a city ranking of #9 of 52 eligible neighborhoods in Buffalo.

How much are homes worth in North Park?

The current Zillow Home Value Index for North Park is approximately $356,327.

Are home values rising or falling in North Park?

Zillow neighborhood values changed 2.8% year over year and 0.04% month over month.

What is the Neighborhood Momentum Score for North Park?

North Park has a Neighborhood Momentum Score of 64.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North Park?

The NDS-derived neighborhood median household income is approximately $75,106.

How affordable is North Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.74. Price-to-income affordability is a major Value Opportunity input.

Is North Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.5%.

What is the unemployment rate in North Park?

The NDS-derived civilian unemployment rate is approximately 2.7%.

How educated are residents of North Park?

Approximately 54.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in North Park face high rent burden?

Approximately 47.6% 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 North Park?

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 applications306
Estimated originations199
Home-purchase applications144
Origination rate65.0%
Home-purchase share47.2%
Average application loan$225,224
Total application loan amount$68,829,297
National application rank#1,155 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.0% YoY; originations -13.1% 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.