What is the Best Neighborhoods USA ranking for Ballou District?
Ballou District is ranked #7 of 12 eligible neighborhoods in Cumberland; #8 of 69 eligible neighborhoods in RI; and #2,084 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Ballou District
Cumberland, RI | Providence County
Scored premium profile
Best Neighborhoods USA Index
66.7
Stability and Strength
66.2
Value Opportunity
56.0
Momentum
82.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Cumberland, RI |
| County | Providence County |
| National rank | #2,084 of 14,967 |
| State rank | #8 of 69 |
| City rank | #7 of 12 |
| County rank | #8 of 54 |
| National percentile | 86.1 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $675,653 |
| Year-over-year home value change | 4.3% |
| Month-over-month home value change | 0.46% |
| Home value to income ratio | 5.62 |
| Median household income | $120,301 |
| Bachelor's degree or higher | 55.8% |
| Civilian unemployment rate | 4.5% |
| Homeownership rate | 69.1% |
| Housing vacancy rate | 10.1% |
| Rent burden 30% or higher | 33.9% |
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 Ballou District
Is Ballou District one of the best neighborhoods in Cumberland?
Ballou District has a Best Neighborhoods USA Index of 66.7 and a city ranking of #7 of 12 eligible neighborhoods in Cumberland.
How much are homes worth in Ballou District?
The current Zillow Home Value Index for Ballou District is approximately $675,653.
Are home values rising or falling in Ballou District?
Zillow neighborhood values changed 4.3% year over year and 0.46% month over month.
What is the Neighborhood Momentum Score for Ballou District?
Ballou District has a Neighborhood Momentum Score of 82.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Ballou District?
The NDS-derived neighborhood median household income is approximately $120,301.
How affordable is Ballou District relative to household income?
The current Zillow home-value-to-household-income ratio is 5.62. Price-to-income affordability is a major Value Opportunity input.
Is Ballou District primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 69.1%.
What is the unemployment rate in Ballou District?
The NDS-derived civilian unemployment rate is approximately 4.5%.
How educated are residents of Ballou District?
Approximately 55.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Ballou District face high rent burden?
Approximately 33.9% 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 Ballou District?
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 applications32
Estimated originations21
Home-purchase applications9
Origination rate66.8%
Home-purchase share28.0%
Average application loan$273,494
Total application loan amount$8,665,045
National application rank#9,035 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.2% YoY; originations 21.1% 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.