Neighborhood Profile

Zoo

Apple Valley, MN | Dakota County
Scored premium profile
Best Neighborhoods USA Index
55.8
National rank: #5,478 of 14,967
Stability and Strength
57.9
Score
Value Opportunity
54.6
Score
Momentum
54.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationApple Valley, MN
CountyDakota County
National rank#5,478 of 14,967
State rank#172 of 275
City rank#9 of 10
County rank#9 of 10
National percentile63.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$472,890
Year-over-year home value change0.3%
Month-over-month home value change0.27%
Home value to income ratio5.83
Median household income$81,075
Bachelor's degree or higher32.5%
Civilian unemployment rate1.4%
Homeownership rate61.0%
Housing vacancy rate2.1%
Rent burden 30% or higher58.3%

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 Zoo

What is the Best Neighborhoods USA ranking for Zoo?

Zoo is ranked #9 of 10 eligible neighborhoods in Apple Valley; #172 of 275 eligible neighborhoods in MN; and #5,478 of 14,967 eligible neighborhoods in the United States.

Is Zoo one of the best neighborhoods in Apple Valley?

Zoo has a Best Neighborhoods USA Index of 55.8 and a city ranking of #9 of 10 eligible neighborhoods in Apple Valley.

How much are homes worth in Zoo?

The current Zillow Home Value Index for Zoo is approximately $472,890.

Are home values rising or falling in Zoo?

Zillow neighborhood values changed 0.3% year over year and 0.27% month over month.

What is the Neighborhood Momentum Score for Zoo?

Zoo has a Neighborhood Momentum Score of 54.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Zoo?

The NDS-derived neighborhood median household income is approximately $81,075.

How affordable is Zoo relative to household income?

The current Zillow home-value-to-household-income ratio is 5.83. Price-to-income affordability is a major Value Opportunity input.

Is Zoo primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 61.0%.

What is the unemployment rate in Zoo?

The NDS-derived civilian unemployment rate is approximately 1.4%.

How educated are residents of Zoo?

Approximately 32.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Zoo face high rent burden?

Approximately 58.3% 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 Zoo?

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 applications116
Estimated originations48
Home-purchase applications93
Origination rate41.1%
Home-purchase share80.2%
Average application loan$129,530
Total application loan amount$15,038,113
National application rank#3,775 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -19.3% YoY; originations 2.1% 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.