Neighborhood Profile

Miller Orchard

Iowa City, IA | Johnson County
Scored premium profile
Best Neighborhoods USA Index
44.4
National rank: #9,582 of 14,967
Stability and Strength
41.1
Score
Value Opportunity
43.4
Score
Momentum
51.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationIowa City, IA
CountyJohnson County
National rank#9,582 of 14,967
State rank#109 of 165
City rank#25 of 27
County rank#25 of 27
National percentile36.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$235,360
Year-over-year home value change2.7%
Month-over-month home value change-0.65%
Home value to income ratio6.06
Median household income$38,816
Bachelor's degree or higher60.3%
Civilian unemployment rate3.2%
Homeownership rate13.6%
Housing vacancy rate9.5%
Rent burden 30% or higher50.4%

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 Miller Orchard

What is the Best Neighborhoods USA ranking for Miller Orchard?

Miller Orchard is ranked #25 of 27 eligible neighborhoods in Iowa City; #109 of 165 eligible neighborhoods in IA; and #9,582 of 14,967 eligible neighborhoods in the United States.

Is Miller Orchard one of the best neighborhoods in Iowa City?

Miller Orchard has a Best Neighborhoods USA Index of 44.4 and a city ranking of #25 of 27 eligible neighborhoods in Iowa City.

How much are homes worth in Miller Orchard?

The current Zillow Home Value Index for Miller Orchard is approximately $235,360.

Are home values rising or falling in Miller Orchard?

Zillow neighborhood values changed 2.7% year over year and -0.65% month over month.

What is the Neighborhood Momentum Score for Miller Orchard?

Miller Orchard has a Neighborhood Momentum Score of 51.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Miller Orchard?

The NDS-derived neighborhood median household income is approximately $38,816.

How affordable is Miller Orchard relative to household income?

The current Zillow home-value-to-household-income ratio is 6.06. Price-to-income affordability is a major Value Opportunity input.

Is Miller Orchard primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 13.6%.

What is the unemployment rate in Miller Orchard?

The NDS-derived civilian unemployment rate is approximately 3.2%.

How educated are residents of Miller Orchard?

Approximately 60.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Miller Orchard face high rent burden?

Approximately 50.4% 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 Miller Orchard?

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 originations11
Home-purchase applications9
Origination rate74.4%
Home-purchase share61.8%
Average application loan$230,494
Total application loan amount$3,257,186
National application rank#11,657 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -16.0% YoY; originations -29.1% 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.