What is the Best Neighborhoods USA ranking for Garfield Park?
Garfield Park is ranked #8 of 16 eligible neighborhoods in Corvallis; #166 of 254 eligible neighborhoods in OR; and #8,713 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Garfield Park
Corvallis, OR | Benton County
Scored premium profile
Best Neighborhoods USA Index
47.0
Stability and Strength
49.4
Value Opportunity
42.1
Momentum
49.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Corvallis, OR |
| County | Benton County |
| National rank | #8,713 of 14,967 |
| State rank | #166 of 254 |
| City rank | #8 of 16 |
| County rank | #8 of 16 |
| National percentile | 41.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $548,854 |
| Year-over-year home value change | -0.2% |
| Month-over-month home value change | 0.27% |
| Home value to income ratio | 7.39 |
| Median household income | $74,312 |
| Bachelor's degree or higher | 55.2% |
| Civilian unemployment rate | 7.1% |
| Homeownership rate | 57.0% |
| Housing vacancy rate | 4.7% |
| Rent burden 30% or higher | 54.5% |
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 Garfield Park
Is Garfield Park one of the best neighborhoods in Corvallis?
Garfield Park has a Best Neighborhoods USA Index of 47.0 and a city ranking of #8 of 16 eligible neighborhoods in Corvallis.
How much are homes worth in Garfield Park?
The current Zillow Home Value Index for Garfield Park is approximately $548,854.
Are home values rising or falling in Garfield Park?
Zillow neighborhood values changed -0.2% year over year and 0.27% month over month.
What is the Neighborhood Momentum Score for Garfield Park?
Garfield Park has a Neighborhood Momentum Score of 49.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Garfield Park?
The NDS-derived neighborhood median household income is approximately $74,312.
How affordable is Garfield Park relative to household income?
The current Zillow home-value-to-household-income ratio is 7.39. Price-to-income affordability is a major Value Opportunity input.
Is Garfield Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 57.0%.
What is the unemployment rate in Garfield Park?
The NDS-derived civilian unemployment rate is approximately 7.1%.
How educated are residents of Garfield Park?
Approximately 55.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Garfield Park face high rent burden?
Approximately 54.5% 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 Garfield 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
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 applications13
Estimated originations11
Home-purchase applications7
Origination rate80.9%
Home-purchase share54.0%
Average application loan$327,034
Total application loan amount$4,250,788
National application rank#11,874 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -17.9% YoY; originations -10.9% 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.