Neighborhood Profile

Northern Liberties

Philadelphia, PA | Philadelphia County
Scored premium profile
Best Neighborhoods USA Index
71.1
National rank: #1,153 of 14,967
Stability and Strength
74.2
Score
Value Opportunity
75.3
Score
Momentum
60.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPhiladelphia, PA
CountyPhiladelphia County
National rank#1,153 of 14,967
State rank#22 of 382
City rank#6 of 140
County rank#6 of 140
National percentile92.3
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$591,094
Year-over-year home value change1.7%
Month-over-month home value change0.14%
Home value to income ratio4.09
Median household income$144,697
Bachelor's degree or higher79.8%
Civilian unemployment rate2.2%
Homeownership rate44.3%
Housing vacancy rate9.0%
Rent burden 30% or higher28.9%

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 Northern Liberties

What is the Best Neighborhoods USA ranking for Northern Liberties?

Northern Liberties is ranked #6 of 140 eligible neighborhoods in Philadelphia; #22 of 382 eligible neighborhoods in PA; and #1,153 of 14,967 eligible neighborhoods in the United States.

Is Northern Liberties one of the best neighborhoods in Philadelphia?

Northern Liberties has a Best Neighborhoods USA Index of 71.1 and a city ranking of #6 of 140 eligible neighborhoods in Philadelphia.

How much are homes worth in Northern Liberties?

The current Zillow Home Value Index for Northern Liberties is approximately $591,094.

Are home values rising or falling in Northern Liberties?

Zillow neighborhood values changed 1.7% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Northern Liberties?

Northern Liberties has a Neighborhood Momentum Score of 60.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northern Liberties?

The NDS-derived neighborhood median household income is approximately $144,697.

How affordable is Northern Liberties relative to household income?

The current Zillow home-value-to-household-income ratio is 4.09. Price-to-income affordability is a major Value Opportunity input.

Is Northern Liberties primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 44.3%.

What is the unemployment rate in Northern Liberties?

The NDS-derived civilian unemployment rate is approximately 2.2%.

How educated are residents of Northern Liberties?

Approximately 79.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northern Liberties face high rent burden?

Approximately 28.9% 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 Northern Liberties?

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 applications359
Estimated originations231
Home-purchase applications242
Origination rate64.2%
Home-purchase share67.3%
Average application loan$990,112
Total application loan amount$355,779,164
National application rank#905 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.0% YoY; originations 3.2% 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.