Neighborhood Profile

Main Street

Concord, MA | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
61.0
National rank: #3,714 of 14,967
Stability and Strength
81.5
Score
Value Opportunity
52.1
Score
Momentum
40.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationConcord, MA
CountyMiddlesex County
National rank#3,714 of 14,967
State rank#87 of 259
City rankNot available
County rank#39 of 110
National percentile75.2
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,295,935
Year-over-year home value change0.4%
Month-over-month home value change-0.25%
Home value to income ratio12.18
Median household income$188,455
Bachelor's degree or higher86.8%
Civilian unemployment rate6.6%
Homeownership rate89.8%
Housing vacancy rate2.2%
Rent burden 30% or higher24.0%

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 Main Street

What is the Best Neighborhoods USA ranking for Main Street?

Main Street is ranked No published Concord rank is currently available; #87 of 259 eligible neighborhoods in MA; and #3,714 of 14,967 eligible neighborhoods in the United States.

Is Main Street one of the best neighborhoods in Concord?

Main Street has a Best Neighborhoods USA Index of 61.0 and a city ranking of No published Concord rank is currently available.

How much are homes worth in Main Street?

The current Zillow Home Value Index for Main Street is approximately $2,295,935.

Are home values rising or falling in Main Street?

Zillow neighborhood values changed 0.4% year over year and -0.25% month over month.

What is the Neighborhood Momentum Score for Main Street?

Main Street has a Neighborhood Momentum Score of 40.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Main Street?

The NDS-derived neighborhood median household income is approximately $188,455.

How affordable is Main Street relative to household income?

The current Zillow home-value-to-household-income ratio is 12.18. Price-to-income affordability is a major Value Opportunity input.

Is Main Street primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 89.8%.

What is the unemployment rate in Main Street?

The NDS-derived civilian unemployment rate is approximately 6.6%.

How educated are residents of Main Street?

Approximately 86.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Main Street face high rent burden?

Approximately 24.0% 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 Main Street?

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 applications4
Estimated originations3
Home-purchase applications2
Origination rate70.7%
Home-purchase share42.2%
Average application loan$742,389
Total application loan amount$2,927,383
National application rank#14,041 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.4% YoY; originations 20.5% 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.