What is the Best Neighborhoods USA ranking for Bernon District?
Bernon District is ranked #7 of 8 eligible neighborhoods in Woonsocket; #67 of 69 eligible neighborhoods in RI; and #14,138 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bernon District
Woonsocket, RI | Providence County
Scored premium profile
Best Neighborhoods USA Index
25.5
Stability and Strength
22.3
Value Opportunity
21.5
Momentum
36.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Woonsocket, RI |
| County | Providence County |
| National rank | #14,138 of 14,967 |
| State rank | #67 of 69 |
| City rank | #7 of 8 |
| County rank | #52 of 54 |
| National percentile | 5.5 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $394,327 |
| Year-over-year home value change | -1.9% |
| Month-over-month home value change | 0.20% |
| Home value to income ratio | 8.06 |
| Median household income | $48,950 |
| Bachelor's degree or higher | 20.6% |
| Civilian unemployment rate | 13.4% |
| Homeownership rate | 37.7% |
| Housing vacancy rate | 10.5% |
| Rent burden 30% or higher | 51.7% |
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 Bernon District
Is Bernon District one of the best neighborhoods in Woonsocket?
Bernon District has a Best Neighborhoods USA Index of 25.5 and a city ranking of #7 of 8 eligible neighborhoods in Woonsocket.
How much are homes worth in Bernon District?
The current Zillow Home Value Index for Bernon District is approximately $394,327.
Are home values rising or falling in Bernon District?
Zillow neighborhood values changed -1.9% year over year and 0.20% month over month.
What is the Neighborhood Momentum Score for Bernon District?
Bernon District has a Neighborhood Momentum Score of 36.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bernon District?
The NDS-derived neighborhood median household income is approximately $48,950.
How affordable is Bernon District relative to household income?
The current Zillow home-value-to-household-income ratio is 8.06. Price-to-income affordability is a major Value Opportunity input.
Is Bernon District primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 37.7%.
What is the unemployment rate in Bernon District?
The NDS-derived civilian unemployment rate is approximately 13.4%.
How educated are residents of Bernon District?
Approximately 20.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bernon District face high rent burden?
Approximately 51.7% 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 Bernon District?
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
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 applications357
Estimated originations180
Home-purchase applications159
Origination rate50.5%
Home-purchase share44.7%
Average application loan$273,067
Total application loan amount$97,373,184
National application rank#917 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 34.7% YoY; originations 16.0% 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.