Neighborhood Profile

Detroit Shoreway

Cleveland, OH | Cuyahoga County
Scored premium profile
Best Neighborhoods USA Index
32.8
National rank: #12,915 of 14,967
Stability and Strength
31.9
Score
Value Opportunity
40.1
Score
Momentum
23.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCleveland, OH
CountyCuyahoga County
National rank#12,915 of 14,967
State rank#382 of 481
City rank#13 of 36
County rank#22 of 45
National percentile13.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$250,546
Year-over-year home value change-2.5%
Month-over-month home value change-0.10%
Home value to income ratio4.98
Median household income$50,273
Bachelor's degree or higher40.2%
Civilian unemployment rate6.3%
Homeownership rate35.3%
Housing vacancy rate16.7%
Rent burden 30% or higher51.3%

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 Detroit Shoreway

What is the Best Neighborhoods USA ranking for Detroit Shoreway?

Detroit Shoreway is ranked #13 of 36 eligible neighborhoods in Cleveland; #382 of 481 eligible neighborhoods in OH; and #12,915 of 14,967 eligible neighborhoods in the United States.

Is Detroit Shoreway one of the best neighborhoods in Cleveland?

Detroit Shoreway has a Best Neighborhoods USA Index of 32.8 and a city ranking of #13 of 36 eligible neighborhoods in Cleveland.

How much are homes worth in Detroit Shoreway?

The current Zillow Home Value Index for Detroit Shoreway is approximately $250,546.

Are home values rising or falling in Detroit Shoreway?

Zillow neighborhood values changed -2.5% year over year and -0.10% month over month.

What is the Neighborhood Momentum Score for Detroit Shoreway?

Detroit Shoreway has a Neighborhood Momentum Score of 23.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Detroit Shoreway?

The NDS-derived neighborhood median household income is approximately $50,273.

How affordable is Detroit Shoreway relative to household income?

The current Zillow home-value-to-household-income ratio is 4.98. Price-to-income affordability is a major Value Opportunity input.

Is Detroit Shoreway primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 35.3%.

What is the unemployment rate in Detroit Shoreway?

The NDS-derived civilian unemployment rate is approximately 6.3%.

How educated are residents of Detroit Shoreway?

Approximately 40.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Detroit Shoreway face high rent burden?

Approximately 51.3% 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 Detroit Shoreway?

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

MODERATE

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 applications515
Estimated originations279
Home-purchase applications274
Origination rate54.2%
Home-purchase share53.2%
Average application loan$390,465
Total application loan amount$201,008,620
National application rankNot rankable
Geometry coverage86.7%
Recent trend: Applications -2.3% YoY; originations -2.6% 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.