What is the Best Neighborhoods USA ranking for Middlebury?
Middlebury is ranked #16 of 21 eligible neighborhoods in Akron; #383 of 481 eligible neighborhoods in OH; and #12,918 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Middlebury
Akron, OH | Summit County
Scored premium profile
Best Neighborhoods USA Index
32.7
Stability and Strength
7.8
Value Opportunity
39.5
Momentum
63.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Akron, OH |
| County | Summit County |
| National rank | #12,918 of 14,967 |
| State rank | #383 of 481 |
| City rank | #16 of 21 |
| County rank | #16 of 21 |
| National percentile | 13.7 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $76,342 |
| Year-over-year home value change | 5.0% |
| Month-over-month home value change | -0.56% |
| Home value to income ratio | 2.89 |
| Median household income | $26,415 |
| Bachelor's degree or higher | 10.1% |
| Civilian unemployment rate | 15.4% |
| Homeownership rate | 29.7% |
| Housing vacancy rate | 20.3% |
| Rent burden 30% or higher | 70.0% |
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 Middlebury
Is Middlebury one of the best neighborhoods in Akron?
Middlebury has a Best Neighborhoods USA Index of 32.7 and a city ranking of #16 of 21 eligible neighborhoods in Akron.
How much are homes worth in Middlebury?
The current Zillow Home Value Index for Middlebury is approximately $76,342.
Are home values rising or falling in Middlebury?
Zillow neighborhood values changed 5.0% year over year and -0.56% month over month.
What is the Neighborhood Momentum Score for Middlebury?
Middlebury has a Neighborhood Momentum Score of 63.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Middlebury?
The NDS-derived neighborhood median household income is approximately $26,415.
How affordable is Middlebury relative to household income?
The current Zillow home-value-to-household-income ratio is 2.89. Price-to-income affordability is a major Value Opportunity input.
Is Middlebury primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 29.7%.
What is the unemployment rate in Middlebury?
The NDS-derived civilian unemployment rate is approximately 15.4%.
How educated are residents of Middlebury?
Approximately 10.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Middlebury face high rent burden?
Approximately 70.0% 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 Middlebury?
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 applications105
Estimated originations52
Home-purchase applications55
Origination rate49.4%
Home-purchase share52.2%
Average application loan$151,032
Total application loan amount$15,885,378
National application rank#4,157 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.4% YoY; originations 18.0% 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.