Neighborhood Profile

Eastlake

Seattle, WA | King County
Scored premium profile
Best Neighborhoods USA Index
44.4
National rank: #9,585 of 14,967
Stability and Strength
61.9
Score
Value Opportunity
47.9
Score
Momentum
11.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSeattle, WA
CountyKing County
National rank#9,585 of 14,967
State rank#344 of 533
City rank#65 of 88
County rank#203 of 287
National percentile36.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,071,976
Year-over-year home value change-4.4%
Month-over-month home value change-0.31%
Home value to income ratio8.90
Median household income$120,449
Bachelor's degree or higher83.9%
Civilian unemployment rate7.1%
Homeownership rate36.3%
Housing vacancy rate7.7%
Rent burden 30% or higher29.0%

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 Eastlake

What is the Best Neighborhoods USA ranking for Eastlake?

Eastlake is ranked #65 of 88 eligible neighborhoods in Seattle; #344 of 533 eligible neighborhoods in WA; and #9,585 of 14,967 eligible neighborhoods in the United States.

Is Eastlake one of the best neighborhoods in Seattle?

Eastlake has a Best Neighborhoods USA Index of 44.4 and a city ranking of #65 of 88 eligible neighborhoods in Seattle.

How much are homes worth in Eastlake?

The current Zillow Home Value Index for Eastlake is approximately $1,071,976.

Are home values rising or falling in Eastlake?

Zillow neighborhood values changed -4.4% year over year and -0.31% month over month.

What is the Neighborhood Momentum Score for Eastlake?

Eastlake has a Neighborhood Momentum Score of 11.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Eastlake?

The NDS-derived neighborhood median household income is approximately $120,449.

How affordable is Eastlake relative to household income?

The current Zillow home-value-to-household-income ratio is 8.90. Price-to-income affordability is a major Value Opportunity input.

Is Eastlake primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 36.3%.

What is the unemployment rate in Eastlake?

The NDS-derived civilian unemployment rate is approximately 7.1%.

How educated are residents of Eastlake?

Approximately 83.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Eastlake face high rent burden?

Approximately 29.0% 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 Eastlake?

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 applications65
Estimated originations39
Home-purchase applications41
Origination rate59.5%
Home-purchase share62.9%
Average application loan$634,184
Total application loan amount$41,389,719
National application rank#6,141 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 47.4% YoY; originations 28.5% 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.