Neighborhood Profile

North Bridge/Monument Square

Concord, MA | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
66.2
National rank: #2,196 of 14,967
Stability and Strength
80.4
Score
Value Opportunity
49.8
Score
Momentum
66.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationConcord, MA
CountyMiddlesex County
National rank#2,196 of 14,967
State rank#45 of 259
City rankNot available
County rank#17 of 110
National percentile85.3
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,528,006
Year-over-year home value change3.7%
Month-over-month home value change-0.07%
Home value to income ratio13.48
Median household income$187,553
Bachelor's degree or higher89.3%
Civilian unemployment rate6.9%
Homeownership rate95.7%
Housing vacancy rate4.3%
Rent burden 30% or higher29.7%

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 North Bridge/Monument Square

What is the Best Neighborhoods USA ranking for North Bridge/Monument Square?

North Bridge/Monument Square is ranked No published Concord rank is currently available; #45 of 259 eligible neighborhoods in MA; and #2,196 of 14,967 eligible neighborhoods in the United States.

Is North Bridge/Monument Square one of the best neighborhoods in Concord?

North Bridge/Monument Square has a Best Neighborhoods USA Index of 66.2 and a city ranking of No published Concord rank is currently available.

How much are homes worth in North Bridge/Monument Square?

The current Zillow Home Value Index for North Bridge/Monument Square is approximately $2,528,006.

Are home values rising or falling in North Bridge/Monument Square?

Zillow neighborhood values changed 3.7% year over year and -0.07% month over month.

What is the Neighborhood Momentum Score for North Bridge/Monument Square?

North Bridge/Monument Square has a Neighborhood Momentum Score of 66.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North Bridge/Monument Square?

The NDS-derived neighborhood median household income is approximately $187,553.

How affordable is North Bridge/Monument Square relative to household income?

The current Zillow home-value-to-household-income ratio is 13.48. Price-to-income affordability is a major Value Opportunity input.

Is North Bridge/Monument Square primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 95.7%.

What is the unemployment rate in North Bridge/Monument Square?

The NDS-derived civilian unemployment rate is approximately 6.9%.

How educated are residents of North Bridge/Monument Square?

Approximately 89.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in North Bridge/Monument Square face high rent burden?

Approximately 29.7% 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 North Bridge/Monument Square?

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 applications5
Estimated originations4
Home-purchase applications2
Origination rate71.3%
Home-purchase share43.1%
Average application loan$813,563
Total application loan amount$4,043,678
National application rank#13,764 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.5% YoY; originations 21.6% 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.