Neighborhood Profile

Penny Bryn

Iowa City, IA | Johnson County
Scored premium profile
Best Neighborhoods USA Index
61.6
National rank: #3,498 of 14,967
Stability and Strength
56.0
Score
Value Opportunity
63.0
Score
Momentum
68.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationIowa City, IA
CountyJohnson County
National rank#3,498 of 14,967
State rank#38 of 165
City rank#10 of 27
County rank#10 of 27
National percentile76.6
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$411,836
Year-over-year home value change2.6%
Month-over-month home value change0.24%
Home value to income ratio3.51
Median household income$117,458
Bachelor's degree or higher63.4%
Civilian unemployment rate16.8%
Homeownership rate82.5%
Housing vacancy rate11.0%
Rent burden 30% or higher54.3%

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 Penny Bryn

What is the Best Neighborhoods USA ranking for Penny Bryn?

Penny Bryn is ranked #10 of 27 eligible neighborhoods in Iowa City; #38 of 165 eligible neighborhoods in IA; and #3,498 of 14,967 eligible neighborhoods in the United States.

Is Penny Bryn one of the best neighborhoods in Iowa City?

Penny Bryn has a Best Neighborhoods USA Index of 61.6 and a city ranking of #10 of 27 eligible neighborhoods in Iowa City.

How much are homes worth in Penny Bryn?

The current Zillow Home Value Index for Penny Bryn is approximately $411,836.

Are home values rising or falling in Penny Bryn?

Zillow neighborhood values changed 2.6% year over year and 0.24% month over month.

What is the Neighborhood Momentum Score for Penny Bryn?

Penny Bryn has a Neighborhood Momentum Score of 68.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Penny Bryn?

The NDS-derived neighborhood median household income is approximately $117,458.

How affordable is Penny Bryn relative to household income?

The current Zillow home-value-to-household-income ratio is 3.51. Price-to-income affordability is a major Value Opportunity input.

Is Penny Bryn primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 82.5%.

What is the unemployment rate in Penny Bryn?

The NDS-derived civilian unemployment rate is approximately 16.8%.

How educated are residents of Penny Bryn?

Approximately 63.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Penny Bryn face high rent burden?

Approximately 54.3% 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 Penny Bryn?

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 applications7
Estimated originations6
Home-purchase applications5
Origination rate75.0%
Home-purchase share66.4%
Average application loan$175,156
Total application loan amount$1,302,838
National application rank#13,106 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -31.9% 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.