What is the Best Neighborhoods USA ranking for South Forest Park?
South Forest Park is ranked #11 of 19 eligible neighborhoods in Everett; #436 of 533 eligible neighborhoods in WA; and #11,460 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
South Forest Park
Everett, WA | Snohomish County
Scored premium profile
Best Neighborhoods USA Index
38.5
Stability and Strength
40.1
Value Opportunity
34.7
Momentum
41.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Everett, WA |
| County | Snohomish County |
| National rank | #11,460 of 14,967 |
| State rank | #436 of 533 |
| City rank | #11 of 19 |
| County rank | #21 of 30 |
| National percentile | 23.4 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $636,351 |
| Year-over-year home value change | 0.2% |
| Month-over-month home value change | -0.16% |
| Home value to income ratio | 7.52 |
| Median household income | $84,670 |
| Bachelor's degree or higher | 28.7% |
| Civilian unemployment rate | 11.7% |
| Homeownership rate | 53.7% |
| Housing vacancy rate | 6.1% |
| Rent burden 30% or higher | 51.3% |
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 South Forest Park
Is South Forest Park one of the best neighborhoods in Everett?
South Forest Park has a Best Neighborhoods USA Index of 38.5 and a city ranking of #11 of 19 eligible neighborhoods in Everett.
How much are homes worth in South Forest Park?
The current Zillow Home Value Index for South Forest Park is approximately $636,351.
Are home values rising or falling in South Forest Park?
Zillow neighborhood values changed 0.2% year over year and -0.16% month over month.
What is the Neighborhood Momentum Score for South Forest Park?
South Forest Park has a Neighborhood Momentum Score of 41.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in South Forest Park?
The NDS-derived neighborhood median household income is approximately $84,670.
How affordable is South Forest Park relative to household income?
The current Zillow home-value-to-household-income ratio is 7.52. Price-to-income affordability is a major Value Opportunity input.
Is South Forest Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 53.7%.
What is the unemployment rate in South Forest Park?
The NDS-derived civilian unemployment rate is approximately 11.7%.
How educated are residents of South Forest Park?
Approximately 28.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in South Forest Park face high rent burden?
Approximately 51.3% 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 South Forest 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
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 applications84
Estimated originations52
Home-purchase applications36
Origination rate62.1%
Home-purchase share42.5%
Average application loan$338,303
Total application loan amount$28,264,634
National application rank#5,050 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.3% YoY; originations -1.3% 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.