Neighborhood Profile

King Farm

Rockville, MD | Montgomery County
Scored premium profile
Best Neighborhoods USA Index
52.2
National rank: #6,807 of 14,967
Stability and Strength
65.5
Score
Value Opportunity
63.9
Score
Momentum
14.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRockville, MD
CountyMontgomery County
National rank#6,807 of 14,967
State rank#82 of 273
City rank#13 of 14
County rank#16 of 21
National percentile54.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$716,895
Year-over-year home value change-3.5%
Month-over-month home value change-0.30%
Home value to income ratio5.28
Median household income$135,681
Bachelor's degree or higher77.9%
Civilian unemployment rate7.1%
Homeownership rate43.6%
Housing vacancy rate1.8%
Rent burden 30% or higher45.3%

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 King Farm

What is the Best Neighborhoods USA ranking for King Farm?

King Farm is ranked #13 of 14 eligible neighborhoods in Rockville; #82 of 273 eligible neighborhoods in MD; and #6,807 of 14,967 eligible neighborhoods in the United States.

Is King Farm one of the best neighborhoods in Rockville?

King Farm has a Best Neighborhoods USA Index of 52.2 and a city ranking of #13 of 14 eligible neighborhoods in Rockville.

How much are homes worth in King Farm?

The current Zillow Home Value Index for King Farm is approximately $716,895.

Are home values rising or falling in King Farm?

Zillow neighborhood values changed -3.5% year over year and -0.30% month over month.

What is the Neighborhood Momentum Score for King Farm?

King Farm has a Neighborhood Momentum Score of 14.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in King Farm?

The NDS-derived neighborhood median household income is approximately $135,681.

How affordable is King Farm relative to household income?

The current Zillow home-value-to-household-income ratio is 5.28. Price-to-income affordability is a major Value Opportunity input.

Is King Farm primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 43.6%.

What is the unemployment rate in King Farm?

The NDS-derived civilian unemployment rate is approximately 7.1%.

How educated are residents of King Farm?

Approximately 77.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in King Farm face high rent burden?

Approximately 45.3% 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 King Farm?

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 applications49
Estimated originations35
Home-purchase applications38
Origination rate70.1%
Home-purchase share76.4%
Average application loan$494,029
Total application loan amount$24,329,809
National application rank#7,282 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 126.7% YoY; originations 143.3% 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.