Neighborhood Profile

Pamela Park

Edina, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
78.3
National rank: #324 of 14,967
Stability and Strength
80.5
Score
Value Opportunity
71.1
Score
Momentum
84.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationEdina, MN
CountyHennepin County
National rank#324 of 14,967
State rank#28 of 275
City rank#7 of 39
County rank#21 of 185
National percentile97.9
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$818,043
Year-over-year home value change5.8%
Month-over-month home value change0.31%
Home value to income ratio4.86
Median household income$168,171
Bachelor's degree or higher78.9%
Civilian unemployment rate0.8%
Homeownership rate90.3%
Housing vacancy rate13.2%
Rent burden 30% or higher56.4%

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 Pamela Park

What is the Best Neighborhoods USA ranking for Pamela Park?

Pamela Park is ranked #7 of 39 eligible neighborhoods in Edina; #28 of 275 eligible neighborhoods in MN; and #324 of 14,967 eligible neighborhoods in the United States.

Is Pamela Park one of the best neighborhoods in Edina?

Pamela Park has a Best Neighborhoods USA Index of 78.3 and a city ranking of #7 of 39 eligible neighborhoods in Edina.

How much are homes worth in Pamela Park?

The current Zillow Home Value Index for Pamela Park is approximately $818,043.

Are home values rising or falling in Pamela Park?

Zillow neighborhood values changed 5.8% year over year and 0.31% month over month.

What is the Neighborhood Momentum Score for Pamela Park?

Pamela Park has a Neighborhood Momentum Score of 84.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Pamela Park?

The NDS-derived neighborhood median household income is approximately $168,171.

How affordable is Pamela Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.86. Price-to-income affordability is a major Value Opportunity input.

Is Pamela Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 90.3%.

What is the unemployment rate in Pamela Park?

The NDS-derived civilian unemployment rate is approximately 0.8%.

How educated are residents of Pamela Park?

Approximately 78.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Pamela Park face high rent burden?

Approximately 56.4% 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 Pamela Park?

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 applications41
Estimated originations28
Home-purchase applications17
Origination rate67.3%
Home-purchase share40.2%
Average application loan$516,638
Total application loan amount$21,235,151
National application rank#8,032 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.4% YoY; originations -12.8% 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.