Neighborhood Profile

Kerns

Portland, OR | Multnomah County
Scored premium profile
Best Neighborhoods USA Index
43.1
National rank: #9,989 of 14,967
Stability and Strength
40.2
Score
Value Opportunity
34.3
Score
Momentum
60.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPortland, OR
CountyMultnomah County
National rank#9,989 of 14,967
State rank#196 of 254
City rank#76 of 91
County rank#82 of 104
National percentile33.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$656,691
Year-over-year home value change1.6%
Month-over-month home value change0.14%
Home value to income ratio9.82
Median household income$66,867
Bachelor's degree or higher60.5%
Civilian unemployment rate8.6%
Homeownership rate18.9%
Housing vacancy rate6.8%
Rent burden 30% or higher51.1%

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 Kerns

What is the Best Neighborhoods USA ranking for Kerns?

Kerns is ranked #76 of 91 eligible neighborhoods in Portland; #196 of 254 eligible neighborhoods in OR; and #9,989 of 14,967 eligible neighborhoods in the United States.

Is Kerns one of the best neighborhoods in Portland?

Kerns has a Best Neighborhoods USA Index of 43.1 and a city ranking of #76 of 91 eligible neighborhoods in Portland.

How much are homes worth in Kerns?

The current Zillow Home Value Index for Kerns is approximately $656,691.

Are home values rising or falling in Kerns?

Zillow neighborhood values changed 1.6% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Kerns?

Kerns has a Neighborhood Momentum Score of 60.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Kerns?

The NDS-derived neighborhood median household income is approximately $66,867.

How affordable is Kerns relative to household income?

The current Zillow home-value-to-household-income ratio is 9.82. Price-to-income affordability is a major Value Opportunity input.

Is Kerns primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 18.9%.

What is the unemployment rate in Kerns?

The NDS-derived civilian unemployment rate is approximately 8.6%.

How educated are residents of Kerns?

Approximately 60.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Kerns face high rent burden?

Approximately 51.1% 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 Kerns?

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 applications89
Estimated originations48
Home-purchase applications42
Origination rate53.8%
Home-purchase share46.9%
Average application loan$927,350
Total application loan amount$82,658,162
National application rank#4,792 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -14.9% YoY; originations -15.4% 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.