Neighborhood Profile

Silo Ridge

Ann Arbor, MI | Washtenaw County
Scored premium profile
Best Neighborhoods USA Index
84.3
National rank: #77 of 14,967
Stability and Strength
85.8
Score
Value Opportunity
92.7
Score
Momentum
70.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAnn Arbor, MI
CountyWashtenaw County
National rank#77 of 14,967
State rank#5 of 334
City rank#3 of 15
County rank#5 of 42
National percentile99.5
National bandTOP_1_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$509,920
Year-over-year home value change3.0%
Month-over-month home value change0.21%
Home value to income ratio2.88
Median household income$177,296
Bachelor's degree or higher78.1%
Civilian unemployment rate0.9%
Homeownership rate100.0%
Housing vacancy rate0.0%
Rent burden 30% or higher100.0%

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 Silo Ridge

What is the Best Neighborhoods USA ranking for Silo Ridge?

Silo Ridge is ranked #3 of 15 eligible neighborhoods in Ann Arbor; #5 of 334 eligible neighborhoods in MI; and #77 of 14,967 eligible neighborhoods in the United States.

Is Silo Ridge one of the best neighborhoods in Ann Arbor?

Silo Ridge has a Best Neighborhoods USA Index of 84.3 and a city ranking of #3 of 15 eligible neighborhoods in Ann Arbor.

How much are homes worth in Silo Ridge?

The current Zillow Home Value Index for Silo Ridge is approximately $509,920.

Are home values rising or falling in Silo Ridge?

Zillow neighborhood values changed 3.0% year over year and 0.21% month over month.

What is the Neighborhood Momentum Score for Silo Ridge?

Silo Ridge has a Neighborhood Momentum Score of 70.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Silo Ridge?

The NDS-derived neighborhood median household income is approximately $177,296.

How affordable is Silo Ridge relative to household income?

The current Zillow home-value-to-household-income ratio is 2.88. Price-to-income affordability is a major Value Opportunity input.

Is Silo Ridge primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 100.0%.

What is the unemployment rate in Silo Ridge?

The NDS-derived civilian unemployment rate is approximately 0.9%.

How educated are residents of Silo Ridge?

Approximately 78.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Silo Ridge face high rent burden?

Approximately 100.0% 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 Silo Ridge?

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 applications10
Estimated originations7
Home-purchase applications5
Origination rate66.4%
Home-purchase share52.6%
Average application loan$368,181
Total application loan amount$3,749,117
National application rank#12,459 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 43.1% YoY; originations 45.2% 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.