Neighborhood Profile

Meridian Park

Shoreline, WA | King County
Scored premium profile
Best Neighborhoods USA Index
48.6
National rank: #8,126 of 14,967
Stability and Strength
64.8
Score
Value Opportunity
54.7
Score
Momentum
14.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationShoreline, WA
CountyKing County
National rank#8,126 of 14,967
State rank#254 of 533
City rank#9 of 14
County rank#147 of 287
National percentile45.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$805,337
Year-over-year home value change-3.0%
Month-over-month home value change-0.48%
Home value to income ratio6.53
Median household income$123,279
Bachelor's degree or higher48.4%
Civilian unemployment rate3.8%
Homeownership rate65.2%
Housing vacancy rate5.6%
Rent burden 30% or higher51.2%

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 Meridian Park

What is the Best Neighborhoods USA ranking for Meridian Park?

Meridian Park is ranked #9 of 14 eligible neighborhoods in Shoreline; #254 of 533 eligible neighborhoods in WA; and #8,126 of 14,967 eligible neighborhoods in the United States.

Is Meridian Park one of the best neighborhoods in Shoreline?

Meridian Park has a Best Neighborhoods USA Index of 48.6 and a city ranking of #9 of 14 eligible neighborhoods in Shoreline.

How much are homes worth in Meridian Park?

The current Zillow Home Value Index for Meridian Park is approximately $805,337.

Are home values rising or falling in Meridian Park?

Zillow neighborhood values changed -3.0% year over year and -0.48% month over month.

What is the Neighborhood Momentum Score for Meridian Park?

Meridian Park has a Neighborhood Momentum Score of 14.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Meridian Park?

The NDS-derived neighborhood median household income is approximately $123,279.

How affordable is Meridian Park relative to household income?

The current Zillow home-value-to-household-income ratio is 6.53. Price-to-income affordability is a major Value Opportunity input.

Is Meridian Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 65.2%.

What is the unemployment rate in Meridian Park?

The NDS-derived civilian unemployment rate is approximately 3.8%.

How educated are residents of Meridian Park?

Approximately 48.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Meridian Park face high rent burden?

Approximately 51.2% 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 Meridian Park?

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 applications183
Estimated originations109
Home-purchase applications91
Origination rate59.4%
Home-purchase share49.7%
Average application loan$675,146
Total application loan amount$123,648,213
National application rank#2,325 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.4% YoY; originations 3.2% 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.