What is the Best Neighborhoods USA ranking for East Central?
East Central is ranked #9 of 20 eligible neighborhoods in Salt Lake City; #58 of 95 eligible neighborhoods in UT; and #6,541 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
East Central
Salt Lake City, UT | Salt Lake County
Scored premium profile
Best Neighborhoods USA Index
52.9
Stability and Strength
49.5
Value Opportunity
39.2
Momentum
77.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Salt Lake City, UT |
| County | Salt Lake County |
| National rank | #6,541 of 14,967 |
| State rank | #58 of 95 |
| City rank | #9 of 20 |
| County rank | #9 of 20 |
| National percentile | 56.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $730,684 |
| Year-over-year home value change | 3.5% |
| Month-over-month home value change | 0.40% |
| Home value to income ratio | 10.48 |
| Median household income | $69,736 |
| Bachelor's degree or higher | 62.2% |
| Civilian unemployment rate | 3.4% |
| Homeownership rate | 34.9% |
| Housing vacancy rate | 10.0% |
| Rent burden 30% or higher | 53.9% |
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 East Central
Is East Central one of the best neighborhoods in Salt Lake City?
East Central has a Best Neighborhoods USA Index of 52.9 and a city ranking of #9 of 20 eligible neighborhoods in Salt Lake City.
How much are homes worth in East Central?
The current Zillow Home Value Index for East Central is approximately $730,684.
Are home values rising or falling in East Central?
Zillow neighborhood values changed 3.5% year over year and 0.40% month over month.
What is the Neighborhood Momentum Score for East Central?
East Central has a Neighborhood Momentum Score of 77.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in East Central?
The NDS-derived neighborhood median household income is approximately $69,736.
How affordable is East Central relative to household income?
The current Zillow home-value-to-household-income ratio is 10.48. Price-to-income affordability is a major Value Opportunity input.
Is East Central primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 34.9%.
What is the unemployment rate in East Central?
The NDS-derived civilian unemployment rate is approximately 3.4%.
How educated are residents of East Central?
Approximately 62.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in East Central face high rent burden?
Approximately 53.9% 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 East Central?
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 applications592
Estimated originations350
Home-purchase applications282
Origination rate59.1%
Home-purchase share47.7%
Average application loan$481,343
Total application loan amount$284,837,283
National application rank#427 of 14,874 rankable neighborhoods
Geometry coverage99.8%
Recent trend: Applications 12.9% YoY; originations 13.7% 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.