Neighborhood Profile

Morrison-Eldridge Park

Santa Ana, CA | Orange County
Scored premium profile
Best Neighborhoods USA Index
48.3
National rank: #8,246 of 14,967
Stability and Strength
46.3
Score
Value Opportunity
32.2
Score
Momentum
73.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSanta Ana, CA
CountyOrange County
National rank#8,246 of 14,967
State rank#977 of 1,814
City rank#33 of 56
County rank#59 of 100
National percentile44.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,129,167
Year-over-year home value change2.9%
Month-over-month home value change0.40%
Home value to income ratio12.05
Median household income$93,720
Bachelor's degree or higher31.9%
Civilian unemployment rate7.5%
Homeownership rate54.4%
Housing vacancy rate7.5%
Rent burden 30% or higher47.6%

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 Morrison-Eldridge Park

What is the Best Neighborhoods USA ranking for Morrison-Eldridge Park?

Morrison-Eldridge Park is ranked #33 of 56 eligible neighborhoods in Santa Ana; #977 of 1,814 eligible neighborhoods in CA; and #8,246 of 14,967 eligible neighborhoods in the United States.

Is Morrison-Eldridge Park one of the best neighborhoods in Santa Ana?

Morrison-Eldridge Park has a Best Neighborhoods USA Index of 48.3 and a city ranking of #33 of 56 eligible neighborhoods in Santa Ana.

How much are homes worth in Morrison-Eldridge Park?

The current Zillow Home Value Index for Morrison-Eldridge Park is approximately $1,129,167.

Are home values rising or falling in Morrison-Eldridge Park?

Zillow neighborhood values changed 2.9% year over year and 0.40% month over month.

What is the Neighborhood Momentum Score for Morrison-Eldridge Park?

Morrison-Eldridge Park has a Neighborhood Momentum Score of 73.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Morrison-Eldridge Park?

The NDS-derived neighborhood median household income is approximately $93,720.

How affordable is Morrison-Eldridge Park relative to household income?

The current Zillow home-value-to-household-income ratio is 12.05. Price-to-income affordability is a major Value Opportunity input.

Is Morrison-Eldridge Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 54.4%.

What is the unemployment rate in Morrison-Eldridge Park?

The NDS-derived civilian unemployment rate is approximately 7.5%.

How educated are residents of Morrison-Eldridge Park?

Approximately 31.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Morrison-Eldridge Park face high rent burden?

Approximately 47.6% 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 Morrison-Eldridge 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 applications28
Estimated originations17
Home-purchase applications10
Origination rate62.1%
Home-purchase share36.0%
Average application loan$494,574
Total application loan amount$13,793,153
National application rank#9,518 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.4% YoY; originations 25.3% 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.