What is the Best Neighborhoods USA ranking for Sehome?
Sehome is ranked #19 of 19 eligible neighborhoods in Bellingham; #528 of 533 eligible neighborhoods in WA; and #14,530 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Sehome
Bellingham, WA | Whatcom County
Scored premium profile
Best Neighborhoods USA Index
21.6
Stability and Strength
25.5
Value Opportunity
22.2
Momentum
14.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Bellingham, WA |
| County | Whatcom County |
| National rank | #14,530 of 14,967 |
| State rank | #528 of 533 |
| City rank | #19 of 19 |
| County rank | #19 of 19 |
| National percentile | 2.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $699,944 |
| Year-over-year home value change | -3.3% |
| Month-over-month home value change | -0.37% |
| Home value to income ratio | 14.45 |
| Median household income | $48,440 |
| Bachelor's degree or higher | 49.8% |
| Civilian unemployment rate | 8.2% |
| Homeownership rate | 18.6% |
| Housing vacancy rate | 15.1% |
| Rent burden 30% or higher | 79.6% |
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 Sehome
Is Sehome one of the best neighborhoods in Bellingham?
Sehome has a Best Neighborhoods USA Index of 21.6 and a city ranking of #19 of 19 eligible neighborhoods in Bellingham.
How much are homes worth in Sehome?
The current Zillow Home Value Index for Sehome is approximately $699,944.
Are home values rising or falling in Sehome?
Zillow neighborhood values changed -3.3% year over year and -0.37% month over month.
What is the Neighborhood Momentum Score for Sehome?
Sehome has a Neighborhood Momentum Score of 14.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Sehome?
The NDS-derived neighborhood median household income is approximately $48,440.
How affordable is Sehome relative to household income?
The current Zillow home-value-to-household-income ratio is 14.45. Price-to-income affordability is a major Value Opportunity input.
Is Sehome primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 18.6%.
What is the unemployment rate in Sehome?
The NDS-derived civilian unemployment rate is approximately 8.2%.
How educated are residents of Sehome?
Approximately 49.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Sehome face high rent burden?
Approximately 79.6% 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 Sehome?
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 applications22
Estimated originations15
Home-purchase applications12
Origination rate67.3%
Home-purchase share55.2%
Average application loan$377,986
Total application loan amount$8,179,429
National application rank#10,382 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.4% YoY; originations 10.3% 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.