Neighborhood Profile

Davis Square

Somerville, MA | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
49.7
National rank: #7,736 of 14,967
Stability and Strength
71.8
Score
Value Opportunity
54.2
Score
Momentum
8.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSomerville, MA
CountyMiddlesex County
National rank#7,736 of 14,967
State rank#176 of 259
City rank#9 of 11
County rank#85 of 110
National percentile48.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,548,942
Year-over-year home value change-4.3%
Month-over-month home value change-0.68%
Home value to income ratio9.53
Median household income$162,520
Bachelor's degree or higher78.0%
Civilian unemployment rate2.8%
Homeownership rate40.1%
Housing vacancy rate9.8%
Rent burden 30% or higher33.4%

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 Davis Square

What is the Best Neighborhoods USA ranking for Davis Square?

Davis Square is ranked #9 of 11 eligible neighborhoods in Somerville; #176 of 259 eligible neighborhoods in MA; and #7,736 of 14,967 eligible neighborhoods in the United States.

Is Davis Square one of the best neighborhoods in Somerville?

Davis Square has a Best Neighborhoods USA Index of 49.7 and a city ranking of #9 of 11 eligible neighborhoods in Somerville.

How much are homes worth in Davis Square?

The current Zillow Home Value Index for Davis Square is approximately $1,548,942.

Are home values rising or falling in Davis Square?

Zillow neighborhood values changed -4.3% year over year and -0.68% month over month.

What is the Neighborhood Momentum Score for Davis Square?

Davis Square has a Neighborhood Momentum Score of 8.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Davis Square?

The NDS-derived neighborhood median household income is approximately $162,520.

How affordable is Davis Square relative to household income?

The current Zillow home-value-to-household-income ratio is 9.53. Price-to-income affordability is a major Value Opportunity input.

Is Davis Square primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 40.1%.

What is the unemployment rate in Davis Square?

The NDS-derived civilian unemployment rate is approximately 2.8%.

How educated are residents of Davis Square?

Approximately 78.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Davis Square face high rent burden?

Approximately 33.4% 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 Davis Square?

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 applications99
Estimated originations70
Home-purchase applications52
Origination rate70.9%
Home-purchase share52.4%
Average application loan$793,926
Total application loan amount$78,377,664
National application rank#4,392 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.6% YoY; originations 1.4% 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.