Neighborhood Profile

South Row II

Chelmsford, MA | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
59.6
National rank: #4,144 of 14,967
Stability and Strength
69.2
Score
Value Opportunity
52.9
Score
Momentum
53.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationChelmsford, MA
CountyMiddlesex County
National rank#4,144 of 14,967
State rank#103 of 259
City rank#13 of 20
County rank#48 of 110
National percentile72.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$805,480
Year-over-year home value change0.7%
Month-over-month home value change0.13%
Home value to income ratio6.12
Median household income$131,531
Bachelor's degree or higher46.8%
Civilian unemployment rate13.6%
Homeownership rate98.4%
Housing vacancy rate0.0%
Rent burden 30% or higher11.4%

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 South Row II

What is the Best Neighborhoods USA ranking for South Row II?

South Row II is ranked #13 of 20 eligible neighborhoods in Chelmsford; #103 of 259 eligible neighborhoods in MA; and #4,144 of 14,967 eligible neighborhoods in the United States.

Is South Row II one of the best neighborhoods in Chelmsford?

South Row II has a Best Neighborhoods USA Index of 59.6 and a city ranking of #13 of 20 eligible neighborhoods in Chelmsford.

How much are homes worth in South Row II?

The current Zillow Home Value Index for South Row II is approximately $805,480.

Are home values rising or falling in South Row II?

Zillow neighborhood values changed 0.7% year over year and 0.13% month over month.

What is the Neighborhood Momentum Score for South Row II?

South Row II has a Neighborhood Momentum Score of 53.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in South Row II?

The NDS-derived neighborhood median household income is approximately $131,531.

How affordable is South Row II relative to household income?

The current Zillow home-value-to-household-income ratio is 6.12. Price-to-income affordability is a major Value Opportunity input.

Is South Row II primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 98.4%.

What is the unemployment rate in South Row II?

The NDS-derived civilian unemployment rate is approximately 13.6%.

How educated are residents of South Row II?

Approximately 46.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in South Row II face high rent burden?

Approximately 11.4% 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 South Row II?

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 applications9
Estimated originations6
Home-purchase applications5
Origination rate65.1%
Home-purchase share51.7%
Average application loan$385,990
Total application loan amount$3,528,841
National application rank#12,729 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 31.1% YoY; originations 55.2% 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.