Neighborhood Profile

Ferryway

Malden, MA | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
46.0
National rank: #9,053 of 14,967
Stability and Strength
51.0
Score
Value Opportunity
48.4
Score
Momentum
34.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMalden, MA
CountyMiddlesex County
National rank#9,053 of 14,967
State rank#191 of 259
City rank#6 of 8
County rank#91 of 110
National percentile39.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$746,775
Year-over-year home value change-0.2%
Month-over-month home value change-0.31%
Home value to income ratio6.79
Median household income$110,020
Bachelor's degree or higher36.0%
Civilian unemployment rate2.4%
Homeownership rate41.6%
Housing vacancy rate13.8%
Rent burden 30% or higher65.8%

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 Ferryway

What is the Best Neighborhoods USA ranking for Ferryway?

Ferryway is ranked #6 of 8 eligible neighborhoods in Malden; #191 of 259 eligible neighborhoods in MA; and #9,053 of 14,967 eligible neighborhoods in the United States.

Is Ferryway one of the best neighborhoods in Malden?

Ferryway has a Best Neighborhoods USA Index of 46.0 and a city ranking of #6 of 8 eligible neighborhoods in Malden.

How much are homes worth in Ferryway?

The current Zillow Home Value Index for Ferryway is approximately $746,775.

Are home values rising or falling in Ferryway?

Zillow neighborhood values changed -0.2% year over year and -0.31% month over month.

What is the Neighborhood Momentum Score for Ferryway?

Ferryway has a Neighborhood Momentum Score of 34.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Ferryway?

The NDS-derived neighborhood median household income is approximately $110,020.

How affordable is Ferryway relative to household income?

The current Zillow home-value-to-household-income ratio is 6.79. Price-to-income affordability is a major Value Opportunity input.

Is Ferryway primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 41.6%.

What is the unemployment rate in Ferryway?

The NDS-derived civilian unemployment rate is approximately 2.4%.

How educated are residents of Ferryway?

Approximately 36.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Ferryway face high rent burden?

Approximately 65.8% 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 Ferryway?

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 applications76
Estimated originations40
Home-purchase applications38
Origination rate52.8%
Home-purchase share49.8%
Average application loan$418,726
Total application loan amount$32,020,109
National application rank#5,428 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -6.6% YoY; originations -10.6% 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.