What is the Best Neighborhoods USA ranking for Norkirk?
Norkirk is ranked #7 of 15 eligible neighborhoods in Kirkland; #264 of 533 eligible neighborhoods in WA; and #8,262 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Norkirk
Kirkland, WA | King County
Scored premium profile
Best Neighborhoods USA Index
48.2
Stability and Strength
70.7
Value Opportunity
52.2
Momentum
6.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Kirkland, WA |
| County | King County |
| National rank | #8,262 of 14,967 |
| State rank | #264 of 533 |
| City rank | #7 of 15 |
| County rank | #154 of 287 |
| National percentile | 44.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $2,161,388 |
| Year-over-year home value change | -4.9% |
| Month-over-month home value change | -0.67% |
| Home value to income ratio | 12.17 |
| Median household income | $177,531 |
| Bachelor's degree or higher | 80.7% |
| Civilian unemployment rate | 4.7% |
| Homeownership rate | 66.5% |
| Housing vacancy rate | 4.9% |
| Rent burden 30% or higher | 66.0% |
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 Norkirk
Is Norkirk one of the best neighborhoods in Kirkland?
Norkirk has a Best Neighborhoods USA Index of 48.2 and a city ranking of #7 of 15 eligible neighborhoods in Kirkland.
How much are homes worth in Norkirk?
The current Zillow Home Value Index for Norkirk is approximately $2,161,388.
Are home values rising or falling in Norkirk?
Zillow neighborhood values changed -4.9% year over year and -0.67% month over month.
What is the Neighborhood Momentum Score for Norkirk?
Norkirk has a Neighborhood Momentum Score of 6.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Norkirk?
The NDS-derived neighborhood median household income is approximately $177,531.
How affordable is Norkirk relative to household income?
The current Zillow home-value-to-household-income ratio is 12.17. Price-to-income affordability is a major Value Opportunity input.
Is Norkirk primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.5%.
What is the unemployment rate in Norkirk?
The NDS-derived civilian unemployment rate is approximately 4.7%.
How educated are residents of Norkirk?
Approximately 80.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Norkirk face high rent burden?
Approximately 66.0% 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 Norkirk?
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 applications88
Estimated originations60
Home-purchase applications53
Origination rate68.2%
Home-purchase share60.0%
Average application loan$1,189,339
Total application loan amount$104,232,116
National application rank#4,860 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 1.1% YoY; originations 21.3% 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.