| Context | Value |
|---|
| Location | Madison, WI |
| County | Dane County |
| National rank | #400 of 14,967 |
| State rank | #19 of 394 |
| City rank | #7 of 87 |
| County rank | #7 of 89 |
| National percentile | 97.3 |
| National band | TOP_5_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $547,494 |
| Year-over-year home value change | 3.9% |
| Month-over-month home value change | 0.06% |
| Home value to income ratio | 4.50 |
| Median household income | $121,559 |
| Bachelor's degree or higher | 80.9% |
| Civilian unemployment rate | 1.6% |
| Homeownership rate | 87.3% |
| Housing vacancy rate | 0.8% |
| Rent burden 30% or higher | 56.9% |
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 Midvale Heights Community
What is the Best Neighborhoods USA ranking for Midvale Heights Community?
Midvale Heights Community is ranked #7 of 87 eligible neighborhoods in Madison; #19 of 394 eligible neighborhoods in WI; and #400 of 14,967 eligible neighborhoods in the United States.
Is Midvale Heights Community one of the best neighborhoods in Madison?
Midvale Heights Community has a Best Neighborhoods USA Index of 77.4 and a city ranking of #7 of 87 eligible neighborhoods in Madison.
How much are homes worth in Midvale Heights Community?
The current Zillow Home Value Index for Midvale Heights Community is approximately $547,494.
Are home values rising or falling in Midvale Heights Community?
Zillow neighborhood values changed 3.9% year over year and 0.06% month over month.
What is the Neighborhood Momentum Score for Midvale Heights Community?
Midvale Heights Community has a Neighborhood Momentum Score of 71.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Midvale Heights Community?
The NDS-derived neighborhood median household income is approximately $121,559.
How affordable is Midvale Heights Community relative to household income?
The current Zillow home-value-to-household-income ratio is 4.50. Price-to-income affordability is a major Value Opportunity input.
Is Midvale Heights Community primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.3%.
What is the unemployment rate in Midvale Heights Community?
The NDS-derived civilian unemployment rate is approximately 1.6%.
How educated are residents of Midvale Heights Community?
Approximately 80.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Midvale Heights Community face high rent burden?
Approximately 56.9% 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 Midvale Heights Community?
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 applications103
Estimated originations80
Home-purchase applications32
Origination rate77.6%
Home-purchase share30.8%
Average application loan$245,754
Total application loan amount$25,343,546
National application rank#4,237 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -12.1% YoY; originations -10.3% 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.