| Context | Value |
|---|
| Location | Beaumont, TX |
| County | Jefferson County |
| National rank | #14,904 of 14,967 |
| State rank | #1,240 of 1,241 |
| City rank | #19 of 19 |
| County rank | #19 of 19 |
| National percentile | 0.4 |
| National band | LOWER_25_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $125,875 |
| Year-over-year home value change | -4.0% |
| Month-over-month home value change | -1.91% |
| Home value to income ratio | 8.83 |
| Median household income | $14,262 |
| Bachelor's degree or higher | 20.5% |
| Civilian unemployment rate | 8.5% |
| Homeownership rate | 31.7% |
| Housing vacancy rate | 23.1% |
| Rent burden 30% or higher | 59.8% |
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 Martin Luther King
What is the Best Neighborhoods USA ranking for Martin Luther King?
Martin Luther King is ranked #19 of 19 eligible neighborhoods in Beaumont; #1,240 of 1,241 eligible neighborhoods in TX; and #14,904 of 14,967 eligible neighborhoods in the United States.
Is Martin Luther King one of the best neighborhoods in Beaumont?
Martin Luther King has a Best Neighborhoods USA Index of 13.5 and a city ranking of #19 of 19 eligible neighborhoods in Beaumont.
How much are homes worth in Martin Luther King?
The current Zillow Home Value Index for Martin Luther King is approximately $125,875.
Are home values rising or falling in Martin Luther King?
Zillow neighborhood values changed -4.0% year over year and -1.91% month over month.
What is the Neighborhood Momentum Score for Martin Luther King?
Martin Luther King has a Neighborhood Momentum Score of 7.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Martin Luther King?
The NDS-derived neighborhood median household income is approximately $14,262.
How affordable is Martin Luther King relative to household income?
The current Zillow home-value-to-household-income ratio is 8.83. Price-to-income affordability is a major Value Opportunity input.
Is Martin Luther King primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 31.7%.
What is the unemployment rate in Martin Luther King?
The NDS-derived civilian unemployment rate is approximately 8.5%.
How educated are residents of Martin Luther King?
Approximately 20.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Martin Luther King face high rent burden?
Approximately 59.8% 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 Martin Luther King?
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 applications7
Estimated originations2
Home-purchase applications3
Origination rate29.4%
Home-purchase share41.2%
Average application loan$289,706
Total application loan amount$2,088,185
National application rank#13,168 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.0% YoY; originations 0.0% 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.
Texas Current Housing Market
Current housing market in Martin Luther King
A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.
8
Active listings observed
$52,500
Median asking price
$68.45
Median asking price / sq. ft.
99.0
Median days on market
1,520 sq. ft.
Median home size
Observed asking-price range: $7,500 to $149,000
Newest listing observed: 2026-09-15 19:00:00-05:00
How this current-market geography is determined
Coverage basis: Exact Zillow neighborhood polygon matches.
8 exact polygon matches. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.
Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.