Neighborhood Profile

Liberty Wells

Salt Lake City, UT | Salt Lake County
Scored premium profile
Best Neighborhoods USA Index
50.7
National rank: #7,362 of 14,967
Stability and Strength
46.6
Score
Value Opportunity
37.5
Score
Momentum
75.8
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#7,362 of 14,967
State rank#64 of 95
City rank#11 of 20
County rank#11 of 20
National percentile50.8
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$554,980
Year-over-year home value change3.7%
Month-over-month home value change0.27%
Home value to income ratio8.32
Median household income$66,730
Bachelor's degree or higher44.7%
Civilian unemployment rate4.2%
Homeownership rate48.2%
Housing vacancy rate9.5%
Rent burden 30% or higher48.9%

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 Liberty Wells

What is the Best Neighborhoods USA ranking for Liberty Wells?

Liberty Wells is ranked #11 of 20 eligible neighborhoods in Salt Lake City; #64 of 95 eligible neighborhoods in UT; and #7,362 of 14,967 eligible neighborhoods in the United States.

Is Liberty Wells one of the best neighborhoods in Salt Lake City?

Liberty Wells has a Best Neighborhoods USA Index of 50.7 and a city ranking of #11 of 20 eligible neighborhoods in Salt Lake City.

How much are homes worth in Liberty Wells?

The current Zillow Home Value Index for Liberty Wells is approximately $554,980.

Are home values rising or falling in Liberty Wells?

Zillow neighborhood values changed 3.7% year over year and 0.27% month over month.

What is the Neighborhood Momentum Score for Liberty Wells?

Liberty Wells has a Neighborhood Momentum Score of 75.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Liberty Wells?

The NDS-derived neighborhood median household income is approximately $66,730.

How affordable is Liberty Wells relative to household income?

The current Zillow home-value-to-household-income ratio is 8.32. Price-to-income affordability is a major Value Opportunity input.

Is Liberty Wells primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.2%.

What is the unemployment rate in Liberty Wells?

The NDS-derived civilian unemployment rate is approximately 4.2%.

How educated are residents of Liberty Wells?

Approximately 44.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Liberty Wells face high rent burden?

Approximately 48.9% 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 Liberty Wells?

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 applications326
Estimated originations206
Home-purchase applications149
Origination rate63.2%
Home-purchase share45.8%
Average application loan$338,739
Total application loan amount$110,316,383
National application rank#1,049 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 30.4% YoY; originations 29.4% 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.