Neighborhood Profile

Ellwood Park-Monument

Baltimore, MD | Baltimore City
Scored premium profile
Best Neighborhoods USA Index
25.4
National rank: #14,163 of 14,967
Stability and Strength
15.5
Score
Value Opportunity
46.5
Score
Momentum
11.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBaltimore, MD
CountyBaltimore City
National rank#14,163 of 14,967
State rank#234 of 273
City rank#196 of 235
County rank#196 of 235
National percentile5.4
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$114,184
Year-over-year home value change-5.0%
Month-over-month home value change-0.23%
Home value to income ratio2.28
Median household income$50,043
Bachelor's degree or higher15.8%
Civilian unemployment rate12.5%
Homeownership rate45.4%
Housing vacancy rate37.8%
Rent burden 30% or higher78.8%

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 Ellwood Park-Monument

What is the Best Neighborhoods USA ranking for Ellwood Park-Monument?

Ellwood Park-Monument is ranked #196 of 235 eligible neighborhoods in Baltimore; #234 of 273 eligible neighborhoods in MD; and #14,163 of 14,967 eligible neighborhoods in the United States.

Is Ellwood Park-Monument one of the best neighborhoods in Baltimore?

Ellwood Park-Monument has a Best Neighborhoods USA Index of 25.4 and a city ranking of #196 of 235 eligible neighborhoods in Baltimore.

How much are homes worth in Ellwood Park-Monument?

The current Zillow Home Value Index for Ellwood Park-Monument is approximately $114,184.

Are home values rising or falling in Ellwood Park-Monument?

Zillow neighborhood values changed -5.0% year over year and -0.23% month over month.

What is the Neighborhood Momentum Score for Ellwood Park-Monument?

Ellwood Park-Monument has a Neighborhood Momentum Score of 11.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Ellwood Park-Monument?

The NDS-derived neighborhood median household income is approximately $50,043.

How affordable is Ellwood Park-Monument relative to household income?

The current Zillow home-value-to-household-income ratio is 2.28. Price-to-income affordability is a major Value Opportunity input.

Is Ellwood Park-Monument primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.4%.

What is the unemployment rate in Ellwood Park-Monument?

The NDS-derived civilian unemployment rate is approximately 12.5%.

How educated are residents of Ellwood Park-Monument?

Approximately 15.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Ellwood Park-Monument face high rent burden?

Approximately 78.8% 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 Ellwood Park-Monument?

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 applications111
Estimated originations61
Home-purchase applications65
Origination rate55.2%
Home-purchase share59.0%
Average application loan$198,809
Total application loan amount$21,999,774
National application rank#3,980 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.4% YoY; originations -0.1% 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.