Neighborhood Profile

Bonneville Hills

Salt Lake City, UT | Salt Lake County
Scored premium profile
Best Neighborhoods USA Index
64.0
National rank: #2,746 of 14,967
Stability and Strength
69.0
Score
Value Opportunity
44.4
Score
Momentum
83.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSalt Lake City, UT
CountySalt Lake County
National rank#2,746 of 14,967
State rank#26 of 95
City rank#4 of 20
County rank#4 of 20
National percentile81.7
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,043,330
Year-over-year home value change4.0%
Month-over-month home value change0.68%
Home value to income ratio15.22
Median household income$68,552
Bachelor's degree or higher78.8%
Civilian unemployment rate1.5%
Homeownership rate79.6%
Housing vacancy rate5.2%
Rent burden 30% or higher51.7%

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 Bonneville Hills

What is the Best Neighborhoods USA ranking for Bonneville Hills?

Bonneville Hills is ranked #4 of 20 eligible neighborhoods in Salt Lake City; #26 of 95 eligible neighborhoods in UT; and #2,746 of 14,967 eligible neighborhoods in the United States.

Is Bonneville Hills one of the best neighborhoods in Salt Lake City?

Bonneville Hills has a Best Neighborhoods USA Index of 64.0 and a city ranking of #4 of 20 eligible neighborhoods in Salt Lake City.

How much are homes worth in Bonneville Hills?

The current Zillow Home Value Index for Bonneville Hills is approximately $1,043,330.

Are home values rising or falling in Bonneville Hills?

Zillow neighborhood values changed 4.0% year over year and 0.68% month over month.

What is the Neighborhood Momentum Score for Bonneville Hills?

Bonneville Hills has a Neighborhood Momentum Score of 83.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Bonneville Hills?

The NDS-derived neighborhood median household income is approximately $68,552.

How affordable is Bonneville Hills relative to household income?

The current Zillow home-value-to-household-income ratio is 15.22. Price-to-income affordability is a major Value Opportunity input.

Is Bonneville Hills primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 79.6%.

What is the unemployment rate in Bonneville Hills?

The NDS-derived civilian unemployment rate is approximately 1.5%.

How educated are residents of Bonneville Hills?

Approximately 78.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Bonneville Hills face high rent burden?

Approximately 51.7% 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 Bonneville Hills?

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 applications101
Estimated originations67
Home-purchase applications31
Origination rate66.0%
Home-purchase share30.7%
Average application loan$468,159
Total application loan amount$47,503,832
National application rank#4,296 of 14,874 rankable neighborhoods
Geometry coverage99.9%
Recent trend: Applications -11.6% YoY; originations -9.1% 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.