Neighborhood Profile

Near Northeast

Washington, DC | District of Columbia
Scored premium profile
Best Neighborhoods USA Index
62.3
National rank: #3,288 of 14,967
Stability and Strength
70.9
Score
Value Opportunity
62.9
Score
Momentum
47.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWashington, DC
CountyDistrict of Columbia
National rank#3,288 of 14,967
State rank#10 of 113
City rank#10 of 113
County rank#10 of 113
National percentile78.0
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$834,621
Year-over-year home value change-1.4%
Month-over-month home value change0.64%
Home value to income ratio6.07
Median household income$137,446
Bachelor's degree or higher84.2%
Civilian unemployment rate3.0%
Homeownership rate39.3%
Housing vacancy rate7.8%
Rent burden 30% or higher38.7%

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 Near Northeast

What is the Best Neighborhoods USA ranking for Near Northeast?

Near Northeast is ranked #10 of 113 eligible neighborhoods in Washington; #10 of 113 eligible neighborhoods in DC; and #3,288 of 14,967 eligible neighborhoods in the United States.

Is Near Northeast one of the best neighborhoods in Washington?

Near Northeast has a Best Neighborhoods USA Index of 62.3 and a city ranking of #10 of 113 eligible neighborhoods in Washington.

How much are homes worth in Near Northeast?

The current Zillow Home Value Index for Near Northeast is approximately $834,621.

Are home values rising or falling in Near Northeast?

Zillow neighborhood values changed -1.4% year over year and 0.64% month over month.

What is the Neighborhood Momentum Score for Near Northeast?

Near Northeast has a Neighborhood Momentum Score of 47.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Near Northeast?

The NDS-derived neighborhood median household income is approximately $137,446.

How affordable is Near Northeast relative to household income?

The current Zillow home-value-to-household-income ratio is 6.07. Price-to-income affordability is a major Value Opportunity input.

Is Near Northeast primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 39.3%.

What is the unemployment rate in Near Northeast?

The NDS-derived civilian unemployment rate is approximately 3.0%.

How educated are residents of Near Northeast?

Approximately 84.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Near Northeast face high rent burden?

Approximately 38.7% 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 Near Northeast?

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 applications353
Estimated originations204
Home-purchase applications190
Origination rate57.9%
Home-purchase share53.8%
Average application loan$1,115,814
Total application loan amount$393,402,942
National application rank#935 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.2% YoY; originations -0.6% 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.