Neighborhood Profile

Sumner-Glenwood

Minneapolis, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
47.4
National rank: #8,595 of 14,967
Stability and Strength
38.1
Score
Value Opportunity
46.2
Score
Momentum
63.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMinneapolis, MN
CountyHennepin County
National rank#8,595 of 14,967
State rank#221 of 275
City rank#61 of 83
County rank#151 of 185
National percentile42.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$359,407
Year-over-year home value change4.9%
Month-over-month home value change-0.44%
Home value to income ratio4.81
Median household income$74,700
Bachelor's degree or higher51.7%
Civilian unemployment rate10.6%
Homeownership rate47.6%
Housing vacancy rate12.4%
Rent burden 30% or higher60.3%

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 Sumner-Glenwood

What is the Best Neighborhoods USA ranking for Sumner-Glenwood?

Sumner-Glenwood is ranked #61 of 83 eligible neighborhoods in Minneapolis; #221 of 275 eligible neighborhoods in MN; and #8,595 of 14,967 eligible neighborhoods in the United States.

Is Sumner-Glenwood one of the best neighborhoods in Minneapolis?

Sumner-Glenwood has a Best Neighborhoods USA Index of 47.4 and a city ranking of #61 of 83 eligible neighborhoods in Minneapolis.

How much are homes worth in Sumner-Glenwood?

The current Zillow Home Value Index for Sumner-Glenwood is approximately $359,407.

Are home values rising or falling in Sumner-Glenwood?

Zillow neighborhood values changed 4.9% year over year and -0.44% month over month.

What is the Neighborhood Momentum Score for Sumner-Glenwood?

Sumner-Glenwood has a Neighborhood Momentum Score of 63.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sumner-Glenwood?

The NDS-derived neighborhood median household income is approximately $74,700.

How affordable is Sumner-Glenwood relative to household income?

The current Zillow home-value-to-household-income ratio is 4.81. Price-to-income affordability is a major Value Opportunity input.

Is Sumner-Glenwood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 47.6%.

What is the unemployment rate in Sumner-Glenwood?

The NDS-derived civilian unemployment rate is approximately 10.6%.

How educated are residents of Sumner-Glenwood?

Approximately 51.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sumner-Glenwood face high rent burden?

Approximately 60.3% 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 Sumner-Glenwood?

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 applications18
Estimated originations5
Home-purchase applications6
Origination rate28.9%
Home-purchase share34.7%
Average application loan$170,248
Total application loan amount$3,077,629
National application rank#10,940 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 29.6% YoY; originations -22.4% 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.