Neighborhood Profile

Galaxie Commons

Apple Valley, MN | Dakota County
Scored premium profile
Best Neighborhoods USA Index
47.9
National rank: #8,384 of 14,967
Stability and Strength
47.2
Score
Value Opportunity
63.4
Score
Momentum
27.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationApple Valley, MN
CountyDakota County
National rank#8,384 of 14,967
State rank#219 of 275
City rank#10 of 10
County rank#10 of 10
National percentile44.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$291,342
Year-over-year home value change-1.2%
Month-over-month home value change-0.31%
Home value to income ratio3.56
Median household income$81,811
Bachelor's degree or higher35.6%
Civilian unemployment rate6.0%
Homeownership rate40.5%
Housing vacancy rate0.6%
Rent burden 30% or higher53.4%

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 Galaxie Commons

What is the Best Neighborhoods USA ranking for Galaxie Commons?

Galaxie Commons is ranked #10 of 10 eligible neighborhoods in Apple Valley; #219 of 275 eligible neighborhoods in MN; and #8,384 of 14,967 eligible neighborhoods in the United States.

Is Galaxie Commons one of the best neighborhoods in Apple Valley?

Galaxie Commons has a Best Neighborhoods USA Index of 47.9 and a city ranking of #10 of 10 eligible neighborhoods in Apple Valley.

How much are homes worth in Galaxie Commons?

The current Zillow Home Value Index for Galaxie Commons is approximately $291,342.

Are home values rising or falling in Galaxie Commons?

Zillow neighborhood values changed -1.2% year over year and -0.31% month over month.

What is the Neighborhood Momentum Score for Galaxie Commons?

Galaxie Commons has a Neighborhood Momentum Score of 27.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Galaxie Commons?

The NDS-derived neighborhood median household income is approximately $81,811.

How affordable is Galaxie Commons relative to household income?

The current Zillow home-value-to-household-income ratio is 3.56. Price-to-income affordability is a major Value Opportunity input.

Is Galaxie Commons primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 40.5%.

What is the unemployment rate in Galaxie Commons?

The NDS-derived civilian unemployment rate is approximately 6.0%.

How educated are residents of Galaxie Commons?

Approximately 35.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Galaxie Commons face high rent burden?

Approximately 53.4% 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 Galaxie Commons?

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 applications111
Estimated originations73
Home-purchase applications61
Origination rate66.1%
Home-purchase share54.9%
Average application loan$276,928
Total application loan amount$30,771,251
National application rank#3,960 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 4.2% YoY; originations -5.4% 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.