Neighborhood Profile

Mayfair

Philadelphia, PA | Philadelphia County
Scored premium profile
Best Neighborhoods USA Index
33.4
National rank: #12,771 of 14,967
Stability and Strength
32.0
Score
Value Opportunity
43.4
Score
Momentum
21.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPhiladelphia, PA
CountyPhiladelphia County
National rank#12,771 of 14,967
State rank#308 of 382
City rank#98 of 140
County rank#98 of 140
National percentile14.7
National bandLOWER_25_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$236,654
Year-over-year home value change-2.6%
Month-over-month home value change-0.16%
Home value to income ratio3.99
Median household income$59,254
Bachelor's degree or higher15.9%
Civilian unemployment rate10.4%
Homeownership rate63.8%
Housing vacancy rate7.4%
Rent burden 30% or higher50.2%

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 Mayfair

What is the Best Neighborhoods USA ranking for Mayfair?

Mayfair is ranked #98 of 140 eligible neighborhoods in Philadelphia; #308 of 382 eligible neighborhoods in PA; and #12,771 of 14,967 eligible neighborhoods in the United States.

Is Mayfair one of the best neighborhoods in Philadelphia?

Mayfair has a Best Neighborhoods USA Index of 33.4 and a city ranking of #98 of 140 eligible neighborhoods in Philadelphia.

How much are homes worth in Mayfair?

The current Zillow Home Value Index for Mayfair is approximately $236,654.

Are home values rising or falling in Mayfair?

Zillow neighborhood values changed -2.6% year over year and -0.16% month over month.

What is the Neighborhood Momentum Score for Mayfair?

Mayfair has a Neighborhood Momentum Score of 21.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Mayfair?

The NDS-derived neighborhood median household income is approximately $59,254.

How affordable is Mayfair relative to household income?

The current Zillow home-value-to-household-income ratio is 3.99. Price-to-income affordability is a major Value Opportunity input.

Is Mayfair primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 63.8%.

What is the unemployment rate in Mayfair?

The NDS-derived civilian unemployment rate is approximately 10.4%.

How educated are residents of Mayfair?

Approximately 15.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Mayfair face high rent burden?

Approximately 50.2% 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 Mayfair?

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 applications749
Estimated originations444
Home-purchase applications342
Origination rate59.3%
Home-purchase share45.6%
Average application loan$147,052
Total application loan amount$110,120,877
National application rank#293 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.2% YoY; originations -2.5% 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.