What is the Best Neighborhoods USA ranking for Historic Milwaukie?
Historic Milwaukie is ranked #7 of 7 eligible neighborhoods in Milwaukie; #209 of 254 eligible neighborhoods in OR; and #10,585 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Historic Milwaukie
Milwaukie, OR | Clackamas County
Scored premium profile
Best Neighborhoods USA Index
41.4
Stability and Strength
40.8
Value Opportunity
36.3
Momentum
49.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Milwaukie, OR |
| County | Clackamas County |
| National rank | #10,585 of 14,967 |
| State rank | #209 of 254 |
| City rank | #7 of 7 |
| County rank | #49 of 51 |
| National percentile | 29.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $663,016 |
| Year-over-year home value change | 1.2% |
| Month-over-month home value change | -0.13% |
| Home value to income ratio | 9.99 |
| Median household income | $66,369 |
| Bachelor's degree or higher | 49.3% |
| Civilian unemployment rate | 6.3% |
| Homeownership rate | 34.9% |
| Housing vacancy rate | 3.7% |
| Rent burden 30% or higher | 68.2% |
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 Historic Milwaukie
Is Historic Milwaukie one of the best neighborhoods in Milwaukie?
Historic Milwaukie has a Best Neighborhoods USA Index of 41.4 and a city ranking of #7 of 7 eligible neighborhoods in Milwaukie.
How much are homes worth in Historic Milwaukie?
The current Zillow Home Value Index for Historic Milwaukie is approximately $663,016.
Are home values rising or falling in Historic Milwaukie?
Zillow neighborhood values changed 1.2% year over year and -0.13% month over month.
What is the Neighborhood Momentum Score for Historic Milwaukie?
Historic Milwaukie has a Neighborhood Momentum Score of 49.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Historic Milwaukie?
The NDS-derived neighborhood median household income is approximately $66,369.
How affordable is Historic Milwaukie relative to household income?
The current Zillow home-value-to-household-income ratio is 9.99. Price-to-income affordability is a major Value Opportunity input.
Is Historic Milwaukie primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 34.9%.
What is the unemployment rate in Historic Milwaukie?
The NDS-derived civilian unemployment rate is approximately 6.3%.
How educated are residents of Historic Milwaukie?
Approximately 49.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Historic Milwaukie face high rent burden?
Approximately 68.2% 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 Historic Milwaukie?
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 applications29
Estimated originations17
Home-purchase applications8
Origination rate57.3%
Home-purchase share29.3%
Average application loan$297,296
Total application loan amount$8,606,514
National application rank#9,382 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 56.7% YoY; originations 44.2% 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.