Neighborhood Profile

Merriam Park

Saint Paul, MN | Ramsey County
Scored premium profile
Best Neighborhoods USA Index
50.4
National rank: #7,470 of 14,967
Stability and Strength
51.6
Score
Value Opportunity
51.1
Score
Momentum
47.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSaint Paul, MN
CountyRamsey County
National rank#7,470 of 14,967
State rank#206 of 275
City rank#7 of 17
County rank#7 of 17
National percentile50.1
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$458,312
Year-over-year home value change1.3%
Month-over-month home value change-0.23%
Home value to income ratio5.45
Median household income$84,044
Bachelor's degree or higher62.1%
Civilian unemployment rate5.3%
Homeownership rate44.5%
Housing vacancy rate11.5%
Rent burden 30% or higher48.2%

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 Merriam Park

What is the Best Neighborhoods USA ranking for Merriam Park?

Merriam Park is ranked #7 of 17 eligible neighborhoods in Saint Paul; #206 of 275 eligible neighborhoods in MN; and #7,470 of 14,967 eligible neighborhoods in the United States.

Is Merriam Park one of the best neighborhoods in Saint Paul?

Merriam Park has a Best Neighborhoods USA Index of 50.4 and a city ranking of #7 of 17 eligible neighborhoods in Saint Paul.

How much are homes worth in Merriam Park?

The current Zillow Home Value Index for Merriam Park is approximately $458,312.

Are home values rising or falling in Merriam Park?

Zillow neighborhood values changed 1.3% year over year and -0.23% month over month.

What is the Neighborhood Momentum Score for Merriam Park?

Merriam Park has a Neighborhood Momentum Score of 47.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Merriam Park?

The NDS-derived neighborhood median household income is approximately $84,044.

How affordable is Merriam Park relative to household income?

The current Zillow home-value-to-household-income ratio is 5.45. Price-to-income affordability is a major Value Opportunity input.

Is Merriam Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 44.5%.

What is the unemployment rate in Merriam Park?

The NDS-derived civilian unemployment rate is approximately 5.3%.

How educated are residents of Merriam Park?

Approximately 62.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Merriam Park face high rent burden?

Approximately 48.2% 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 Merriam Park?

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 applications333
Estimated originations237
Home-purchase applications193
Origination rate71.0%
Home-purchase share58.1%
Average application loan$306,156
Total application loan amount$101,979,288
National application rank#1,004 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 1.8% 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.