Neighborhood Profile

Downtown

downtown anchorage
downtown anchorage
Long Beach, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
30.3
National rank: #13,433 of 14,967
Stability and Strength
37.8
Score
Value Opportunity
33.7
Score
Momentum
13.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLong Beach, CA
CountyLos Angeles County
National rank#13,433 of 14,967
State rank#1,658 of 1,814
City rank#37 of 43
County rank#291 of 321
National percentile10.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$731,353
Year-over-year home value change-6.9%
Month-over-month home value change-0.07%
Home value to income ratio9.80
Median household income$74,613
Bachelor's degree or higher52.0%
Civilian unemployment rate8.0%
Homeownership rate23.9%
Housing vacancy rate8.9%
Rent burden 30% or higher61.3%

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 Downtown

What is the Best Neighborhoods USA ranking for Downtown?

Downtown is ranked #37 of 43 eligible neighborhoods in Long Beach; #1,658 of 1,814 eligible neighborhoods in CA; and #13,433 of 14,967 eligible neighborhoods in the United States.

Is Downtown one of the best neighborhoods in Long Beach?

Downtown has a Best Neighborhoods USA Index of 30.3 and a city ranking of #37 of 43 eligible neighborhoods in Long Beach.

How much are homes worth in Downtown?

The current Zillow Home Value Index for Downtown is approximately $731,353.

Are home values rising or falling in Downtown?

Zillow neighborhood values changed -6.9% year over year and -0.07% month over month.

What is the Neighborhood Momentum Score for Downtown?

Downtown has a Neighborhood Momentum Score of 13.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Downtown?

The NDS-derived neighborhood median household income is approximately $74,613.

How affordable is Downtown relative to household income?

The current Zillow home-value-to-household-income ratio is 9.80. Price-to-income affordability is a major Value Opportunity input.

Is Downtown primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 23.9%.

What is the unemployment rate in Downtown?

The NDS-derived civilian unemployment rate is approximately 8.0%.

How educated are residents of Downtown?

Approximately 52.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Downtown face high rent burden?

Approximately 61.3% 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 Downtown?

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 applications315
Estimated originations158
Home-purchase applications194
Origination rate50.2%
Home-purchase share61.6%
Average application loan$570,610
Total application loan amount$179,831,863
National application rank#1,102 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 30.5% YoY; originations 7.3% 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.