Neighborhood Profile

North Farm

Rockville, MD | Montgomery County
Scored premium profile
Best Neighborhoods USA Index
Not available
National rank: Not available
Stability and Strength
Not available
Score
Value Opportunity
Not available
Score
Momentum
45.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRockville, MD
CountyMontgomery County
National rankNot available
State rankNot available
City rankNot available
County rankNot available
National percentileNot available
National bandNot available
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,170,365
Year-over-year home value change0.7%
Month-over-month home value change-0.13%
Home value to income ratioNot available
Median household incomeNot available
Bachelor's degree or higher86.5%
Civilian unemployment rate0.1%
Homeownership rate99.8%
Housing vacancy rate0.0%
Rent burden 30% or higher23.6%

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 North Farm

What is the Best Neighborhoods USA ranking for North Farm?

North Farm is ranked No published Rockville rank is currently available; No published MD rank is currently available; and No published the United States rank is currently available.

Is North Farm one of the best neighborhoods in Rockville?

North Farm has a Best Neighborhoods USA Index of Not available and a city ranking of No published Rockville rank is currently available.

How much are homes worth in North Farm?

The current Zillow Home Value Index for North Farm is approximately $1,170,365.

Are home values rising or falling in North Farm?

Zillow neighborhood values changed 0.7% year over year and -0.13% month over month.

What is the Neighborhood Momentum Score for North Farm?

North Farm has a Neighborhood Momentum Score of 45.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North Farm?

The NDS-derived neighborhood median household income is approximately Not available.

How affordable is North Farm relative to household income?

The current Zillow home-value-to-household-income ratio is Not available. Price-to-income affordability is a major Value Opportunity input.

Is North Farm primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 99.8%.

What is the unemployment rate in North Farm?

The NDS-derived civilian unemployment rate is approximately 0.1%.

How educated are residents of North Farm?

Approximately 86.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 23.6% 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 North Farm?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

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 applications10
Estimated originations6
Home-purchase applications5
Origination rate62.2%
Home-purchase share51.9%
Average application loan$459,741
Total application loan amount$4,385,805
National application rank#12,617 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.9% YoY; originations -1.2% 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.