Neighborhood Profile

Fairmount Park

Seattle, WA | King County
Scored premium profile
Best Neighborhoods USA Index
46.9
National rank: #8,744 of 14,967
Stability and Strength
60.4
Score
Value Opportunity
51.1
Score
Momentum
19.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSeattle, WA
CountyKing County
National rank#8,744 of 14,967
State rank#292 of 533
City rank#60 of 88
County rank#174 of 287
National percentile41.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$826,230
Year-over-year home value change-2.0%
Month-over-month home value change-0.52%
Home value to income ratio7.47
Median household income$110,624
Bachelor's degree or higher63.0%
Civilian unemployment rate4.3%
Homeownership rate36.1%
Housing vacancy rate7.2%
Rent burden 30% or higher41.6%

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 Fairmount Park

What is the Best Neighborhoods USA ranking for Fairmount Park?

Fairmount Park is ranked #60 of 88 eligible neighborhoods in Seattle; #292 of 533 eligible neighborhoods in WA; and #8,744 of 14,967 eligible neighborhoods in the United States.

Is Fairmount Park one of the best neighborhoods in Seattle?

Fairmount Park has a Best Neighborhoods USA Index of 46.9 and a city ranking of #60 of 88 eligible neighborhoods in Seattle.

How much are homes worth in Fairmount Park?

The current Zillow Home Value Index for Fairmount Park is approximately $826,230.

Are home values rising or falling in Fairmount Park?

Zillow neighborhood values changed -2.0% year over year and -0.52% month over month.

What is the Neighborhood Momentum Score for Fairmount Park?

Fairmount Park has a Neighborhood Momentum Score of 19.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fairmount Park?

The NDS-derived neighborhood median household income is approximately $110,624.

How affordable is Fairmount Park relative to household income?

The current Zillow home-value-to-household-income ratio is 7.47. Price-to-income affordability is a major Value Opportunity input.

Is Fairmount Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 36.1%.

What is the unemployment rate in Fairmount Park?

The NDS-derived civilian unemployment rate is approximately 4.3%.

How educated are residents of Fairmount Park?

Approximately 63.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fairmount Park face high rent burden?

Approximately 41.6% 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 Fairmount 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 applications164
Estimated originations115
Home-purchase applications94
Origination rate69.9%
Home-purchase share57.0%
Average application loan$510,748
Total application loan amount$83,922,961
National application rank#2,660 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 4.7% YoY; originations 2.2% 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.