What is the Best Neighborhoods USA ranking for Norwood Cherrylee?
Norwood Cherrylee is ranked #3 of 5 eligible neighborhoods in El Monte; #1,464 of 1,814 eligible neighborhoods in CA; and #11,839 of 14,967 eligible neighborhoods in the United States.
Is Norwood Cherrylee one of the best neighborhoods in El Monte?
Norwood Cherrylee has a Best Neighborhoods USA Index of 37.1 and a city ranking of #3 of 5 eligible neighborhoods in El Monte.
How much are homes worth in Norwood Cherrylee?
The current Zillow Home Value Index for Norwood Cherrylee is approximately $821,520.
Are home values rising or falling in Norwood Cherrylee?
Zillow neighborhood values changed -0.4% year over year and -0.13% month over month.
What is the Neighborhood Momentum Score for Norwood Cherrylee?
Norwood Cherrylee has a Neighborhood Momentum Score of 37.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Norwood Cherrylee?
The NDS-derived neighborhood median household income is approximately $80,818.
How affordable is Norwood Cherrylee relative to household income?
The current Zillow home-value-to-household-income ratio is 10.17. Price-to-income affordability is a major Value Opportunity input.
Is Norwood Cherrylee primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 48.0%.
What is the unemployment rate in Norwood Cherrylee?
The NDS-derived civilian unemployment rate is approximately 5.9%.
How educated are residents of Norwood Cherrylee?
Approximately 19.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Norwood Cherrylee face high rent burden?
Approximately 55.5% 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 Norwood Cherrylee?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.