Neighborhood Profile

Acre

Lowell, MA | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
34.9
National rank: #12,418 of 14,967
Stability and Strength
32.2
Score
Value Opportunity
29.2
Score
Momentum
47.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLowell, MA
CountyMiddlesex County
National rank#12,418 of 14,967
State rank#237 of 259
City rank#8 of 9
County rank#106 of 110
National percentile17.0
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$467,121
Year-over-year home value change-0.3%
Month-over-month home value change0.17%
Home value to income ratio9.90
Median household income$47,198
Bachelor's degree or higher28.2%
Civilian unemployment rate4.7%
Homeownership rate19.7%
Housing vacancy rate5.4%
Rent burden 30% or higher57.0%

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 Acre

What is the Best Neighborhoods USA ranking for Acre?

Acre is ranked #8 of 9 eligible neighborhoods in Lowell; #237 of 259 eligible neighborhoods in MA; and #12,418 of 14,967 eligible neighborhoods in the United States.

Is Acre one of the best neighborhoods in Lowell?

Acre has a Best Neighborhoods USA Index of 34.9 and a city ranking of #8 of 9 eligible neighborhoods in Lowell.

How much are homes worth in Acre?

The current Zillow Home Value Index for Acre is approximately $467,121.

Are home values rising or falling in Acre?

Zillow neighborhood values changed -0.3% year over year and 0.17% month over month.

What is the Neighborhood Momentum Score for Acre?

Acre has a Neighborhood Momentum Score of 47.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Acre?

The NDS-derived neighborhood median household income is approximately $47,198.

How affordable is Acre relative to household income?

The current Zillow home-value-to-household-income ratio is 9.90. Price-to-income affordability is a major Value Opportunity input.

Is Acre primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 19.7%.

What is the unemployment rate in Acre?

The NDS-derived civilian unemployment rate is approximately 4.7%.

How educated are residents of Acre?

Approximately 28.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Acre face high rent burden?

Approximately 57.0% 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 Acre?

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 applications208
Estimated originations129
Home-purchase applications144
Origination rate62.2%
Home-purchase share69.5%
Average application loan$327,899
Total application loan amount$68,055,240
National application rank#1,956 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 86.5% YoY; originations 96.6% 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.