Neighborhood Profile

Old bend

Bend, OR | Deschutes County
Scored premium profile
Best Neighborhoods USA Index
58.1
National rank: #4,646 of 14,967
Stability and Strength
65.2
Score
Value Opportunity
51.2
Score
Momentum
56.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBend, OR
CountyDeschutes County
National rank#4,646 of 14,967
State rank#74 of 254
City rank#2 of 13
County rank#2 of 13
National percentile69.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$991,383
Year-over-year home value change-0.2%
Month-over-month home value change0.65%
Home value to income ratio8.18
Median household income$121,230
Bachelor's degree or higher62.1%
Civilian unemployment rate3.9%
Homeownership rate52.2%
Housing vacancy rate7.2%
Rent burden 30% or higher44.3%

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 Old bend

What is the Best Neighborhoods USA ranking for Old bend?

Old bend is ranked #2 of 13 eligible neighborhoods in Bend; #74 of 254 eligible neighborhoods in OR; and #4,646 of 14,967 eligible neighborhoods in the United States.

Is Old bend one of the best neighborhoods in Bend?

Old bend has a Best Neighborhoods USA Index of 58.1 and a city ranking of #2 of 13 eligible neighborhoods in Bend.

How much are homes worth in Old bend?

The current Zillow Home Value Index for Old bend is approximately $991,383.

Are home values rising or falling in Old bend?

Zillow neighborhood values changed -0.2% year over year and 0.65% month over month.

What is the Neighborhood Momentum Score for Old bend?

Old bend has a Neighborhood Momentum Score of 56.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Old bend?

The NDS-derived neighborhood median household income is approximately $121,230.

How affordable is Old bend relative to household income?

The current Zillow home-value-to-household-income ratio is 8.18. Price-to-income affordability is a major Value Opportunity input.

Is Old bend primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 52.2%.

What is the unemployment rate in Old bend?

The NDS-derived civilian unemployment rate is approximately 3.9%.

How educated are residents of Old bend?

Approximately 62.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Old bend face high rent burden?

Approximately 44.3% 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 Old bend?

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 applications28
Estimated originations17
Home-purchase applications11
Origination rate60.9%
Home-purchase share40.6%
Average application loan$525,395
Total application loan amount$14,773,661
National application rank#9,487 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 30.1% YoY; originations 34.2% 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.