Neighborhood Profile

Minnehaha

Saint Louis Park, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
62.9
National rank: #3,099 of 14,967
Stability and Strength
60.5
Score
Value Opportunity
53.6
Score
Momentum
79.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSaint Louis Park, MN
CountyHennepin County
National rank#3,099 of 14,967
State rank#122 of 275
City rank#24 of 34
County rank#85 of 185
National percentile79.3
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$585,692
Year-over-year home value change5.4%
Month-over-month home value change0.14%
Home value to income ratio7.29
Median household income$80,378
Bachelor's degree or higher59.6%
Civilian unemployment rate0.1%
Homeownership rate51.3%
Housing vacancy rate5.5%
Rent burden 30% or higher68.4%

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 Minnehaha

What is the Best Neighborhoods USA ranking for Minnehaha?

Minnehaha is ranked #24 of 34 eligible neighborhoods in Saint Louis Park; #122 of 275 eligible neighborhoods in MN; and #3,099 of 14,967 eligible neighborhoods in the United States.

Is Minnehaha one of the best neighborhoods in Saint Louis Park?

Minnehaha has a Best Neighborhoods USA Index of 62.9 and a city ranking of #24 of 34 eligible neighborhoods in Saint Louis Park.

How much are homes worth in Minnehaha?

The current Zillow Home Value Index for Minnehaha is approximately $585,692.

Are home values rising or falling in Minnehaha?

Zillow neighborhood values changed 5.4% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Minnehaha?

Minnehaha has a Neighborhood Momentum Score of 79.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Minnehaha?

The NDS-derived neighborhood median household income is approximately $80,378.

How affordable is Minnehaha relative to household income?

The current Zillow home-value-to-household-income ratio is 7.29. Price-to-income affordability is a major Value Opportunity input.

Is Minnehaha primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.3%.

What is the unemployment rate in Minnehaha?

The NDS-derived civilian unemployment rate is approximately 0.1%.

How educated are residents of Minnehaha?

Approximately 59.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Minnehaha face high rent burden?

Approximately 68.4% 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 Minnehaha?

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 applications14
Estimated originations9
Home-purchase applications7
Origination rate66.2%
Home-purchase share50.8%
Average application loan$182,692
Total application loan amount$2,552,597
National application rank#11,697 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -16.7% YoY; originations -10.4% 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.