Neighborhood Profile

Heritage Park

Ypsilanti, MI | Washtenaw County
Scored premium profile
Best Neighborhoods USA Index
17.9
National rank: #14,769 of 14,967
Stability and Strength
11.3
Score
Value Opportunity
27.3
Score
Momentum
15.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationYpsilanti, MI
CountyWashtenaw County
National rank#14,769 of 14,967
State rank#327 of 334
City rank#21 of 21
County rank#42 of 42
National percentile1.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$165,107
Year-over-year home value change-3.6%
Month-over-month home value change-0.24%
Home value to income ratio5.18
Median household income$31,886
Bachelor's degree or higher12.7%
Civilian unemployment rate22.5%
Homeownership rate30.3%
Housing vacancy rate9.0%
Rent burden 30% or higher71.8%

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 Heritage Park

What is the Best Neighborhoods USA ranking for Heritage Park?

Heritage Park is ranked #21 of 21 eligible neighborhoods in Ypsilanti; #327 of 334 eligible neighborhoods in MI; and #14,769 of 14,967 eligible neighborhoods in the United States.

Is Heritage Park one of the best neighborhoods in Ypsilanti?

Heritage Park has a Best Neighborhoods USA Index of 17.9 and a city ranking of #21 of 21 eligible neighborhoods in Ypsilanti.

How much are homes worth in Heritage Park?

The current Zillow Home Value Index for Heritage Park is approximately $165,107.

Are home values rising or falling in Heritage Park?

Zillow neighborhood values changed -3.6% year over year and -0.24% month over month.

What is the Neighborhood Momentum Score for Heritage Park?

Heritage Park has a Neighborhood Momentum Score of 15.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Heritage Park?

The NDS-derived neighborhood median household income is approximately $31,886.

How affordable is Heritage Park relative to household income?

The current Zillow home-value-to-household-income ratio is 5.18. Price-to-income affordability is a major Value Opportunity input.

Is Heritage Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 30.3%.

What is the unemployment rate in Heritage Park?

The NDS-derived civilian unemployment rate is approximately 22.5%.

How educated are residents of Heritage Park?

Approximately 12.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 71.8% 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 Heritage 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 applications12
Estimated originations8
Home-purchase applications6
Origination rate63.3%
Home-purchase share46.9%
Average application loan$163,776
Total application loan amount$1,990,822
National application rank#12,053 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.0% YoY; originations 34.8% 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.