What is the Best Neighborhoods USA ranking for Springfield?
Springfield is ranked #18 of 62 eligible neighborhoods in Dayton; #219 of 481 eligible neighborhoods in OH; and #8,281 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Springfield
Dayton, OH | Montgomery County
Scored premium profile
Best Neighborhoods USA Index
48.2
Stability and Strength
30.9
Value Opportunity
58.3
Momentum
61.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Dayton, OH |
| County | Montgomery County |
| National rank | #8,281 of 14,967 |
| State rank | #219 of 481 |
| City rank | #18 of 62 |
| County rank | #18 of 62 |
| National percentile | 44.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $72,963 |
| Year-over-year home value change | 0.4% |
| Month-over-month home value change | 0.67% |
| Home value to income ratio | 1.16 |
| Median household income | $62,934 |
| Bachelor's degree or higher | 15.1% |
| Civilian unemployment rate | 5.8% |
| Homeownership rate | 48.1% |
| Housing vacancy rate | 9.9% |
| Rent burden 30% or higher | 60.6% |
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 Springfield
Is Springfield one of the best neighborhoods in Dayton?
Springfield has a Best Neighborhoods USA Index of 48.2 and a city ranking of #18 of 62 eligible neighborhoods in Dayton.
How much are homes worth in Springfield?
The current Zillow Home Value Index for Springfield is approximately $72,963.
Are home values rising or falling in Springfield?
Zillow neighborhood values changed 0.4% year over year and 0.67% month over month.
What is the Neighborhood Momentum Score for Springfield?
Springfield has a Neighborhood Momentum Score of 61.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Springfield?
The NDS-derived neighborhood median household income is approximately $62,934.
How affordable is Springfield relative to household income?
The current Zillow home-value-to-household-income ratio is 1.16. Price-to-income affordability is a major Value Opportunity input.
Is Springfield primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 48.1%.
What is the unemployment rate in Springfield?
The NDS-derived civilian unemployment rate is approximately 5.8%.
How educated are residents of Springfield?
Approximately 15.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Springfield face high rent burden?
Approximately 60.6% 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 Springfield?
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 applications127
Estimated originations65
Home-purchase applications71
Origination rate50.9%
Home-purchase share56.1%
Average application loan$143,277
Total application loan amount$18,218,700
National application rank#3,463 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.9% YoY; originations -13.4% 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.