What is the Best Neighborhoods USA ranking for Grays Ferry?
Grays Ferry is ranked #83 of 140 eligible neighborhoods in Philadelphia; #274 of 382 eligible neighborhoods in PA; and #11,578 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Grays Ferry
Philadelphia, PA | Philadelphia County
Scored premium profile
Best Neighborhoods USA Index
38.1
Stability and Strength
30.5
Value Opportunity
51.8
Momentum
30.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Philadelphia, PA |
| County | Philadelphia County |
| National rank | #11,578 of 14,967 |
| State rank | #274 of 382 |
| City rank | #83 of 140 |
| County rank | #83 of 140 |
| National percentile | 22.7 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $200,344 |
| Year-over-year home value change | -3.6% |
| Month-over-month home value change | 0.32% |
| Home value to income ratio | 3.12 |
| Median household income | $64,207 |
| Bachelor's degree or higher | 33.6% |
| Civilian unemployment rate | 10.4% |
| Homeownership rate | 40.8% |
| Housing vacancy rate | 14.8% |
| Rent burden 30% or higher | 52.2% |
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 Grays Ferry
Is Grays Ferry one of the best neighborhoods in Philadelphia?
Grays Ferry has a Best Neighborhoods USA Index of 38.1 and a city ranking of #83 of 140 eligible neighborhoods in Philadelphia.
How much are homes worth in Grays Ferry?
The current Zillow Home Value Index for Grays Ferry is approximately $200,344.
Are home values rising or falling in Grays Ferry?
Zillow neighborhood values changed -3.6% year over year and 0.32% month over month.
What is the Neighborhood Momentum Score for Grays Ferry?
Grays Ferry has a Neighborhood Momentum Score of 30.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Grays Ferry?
The NDS-derived neighborhood median household income is approximately $64,207.
How affordable is Grays Ferry relative to household income?
The current Zillow home-value-to-household-income ratio is 3.12. Price-to-income affordability is a major Value Opportunity input.
Is Grays Ferry primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.8%.
What is the unemployment rate in Grays Ferry?
The NDS-derived civilian unemployment rate is approximately 10.4%.
How educated are residents of Grays Ferry?
Approximately 33.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Grays Ferry face high rent burden?
Approximately 52.2% 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 Grays Ferry?
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 applications493
Estimated originations276
Home-purchase applications223
Origination rate56.0%
Home-purchase share45.1%
Average application loan$216,300
Total application loan amount$106,742,159
National application rankNot rankable
Geometry coverage89.1%
Recent trend: Applications -3.5% YoY; originations -0.9% 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.