Neighborhood Profile

Penrose-Fayette Street Outreach

Baltimore, MD | Baltimore City
Scored premium profile
Best Neighborhoods USA Index
28.9
National rank: #13,664 of 14,967
Stability and Strength
9.9
Score
Value Opportunity
44.8
Score
Momentum
37.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBaltimore, MD
CountyBaltimore City
National rank#13,664 of 14,967
State rank#212 of 273
City rank#177 of 235
County rank#177 of 235
National percentile8.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$69,516
Year-over-year home value change0.8%
Month-over-month home value change-1.70%
Home value to income ratio1.40
Median household income$49,678
Bachelor's degree or higher6.2%
Civilian unemployment rate21.6%
Homeownership rate32.0%
Housing vacancy rate37.5%
Rent burden 30% or higher70.4%

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 Penrose-Fayette Street Outreach

What is the Best Neighborhoods USA ranking for Penrose-Fayette Street Outreach?

Penrose-Fayette Street Outreach is ranked #177 of 235 eligible neighborhoods in Baltimore; #212 of 273 eligible neighborhoods in MD; and #13,664 of 14,967 eligible neighborhoods in the United States.

Is Penrose-Fayette Street Outreach one of the best neighborhoods in Baltimore?

Penrose-Fayette Street Outreach has a Best Neighborhoods USA Index of 28.9 and a city ranking of #177 of 235 eligible neighborhoods in Baltimore.

How much are homes worth in Penrose-Fayette Street Outreach?

The current Zillow Home Value Index for Penrose-Fayette Street Outreach is approximately $69,516.

Are home values rising or falling in Penrose-Fayette Street Outreach?

Zillow neighborhood values changed 0.8% year over year and -1.70% month over month.

What is the Neighborhood Momentum Score for Penrose-Fayette Street Outreach?

Penrose-Fayette Street Outreach has a Neighborhood Momentum Score of 37.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Penrose-Fayette Street Outreach?

The NDS-derived neighborhood median household income is approximately $49,678.

How affordable is Penrose-Fayette Street Outreach relative to household income?

The current Zillow home-value-to-household-income ratio is 1.40. Price-to-income affordability is a major Value Opportunity input.

Is Penrose-Fayette Street Outreach primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 32.0%.

What is the unemployment rate in Penrose-Fayette Street Outreach?

The NDS-derived civilian unemployment rate is approximately 21.6%.

How educated are residents of Penrose-Fayette Street Outreach?

Approximately 6.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Penrose-Fayette Street Outreach face high rent burden?

Approximately 70.4% 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 Penrose-Fayette Street Outreach?

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 applications96
Estimated originations44
Home-purchase applications59
Origination rate45.4%
Home-purchase share61.3%
Average application loan$118,051
Total application loan amount$11,376,835
National application rank#4,482 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.7% YoY; originations 1.6% 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.