| Context | Value |
|---|
| Location | Dearborn, MI |
| County | Wayne County |
| National rank | #2,886 of 14,967 |
| State rank | #80 of 334 |
| City rank | #11 of 29 |
| County rank | #23 of 123 |
| National percentile | 80.8 |
| National band | TOP_25_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $390,819 |
| Year-over-year home value change | 0.5% |
| Month-over-month home value change | 0.08% |
| Home value to income ratio | 3.38 |
| Median household income | $115,770 |
| Bachelor's degree or higher | 67.2% |
| Civilian unemployment rate | 9.8% |
| Homeownership rate | 99.3% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 92.9% |
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 Dearborn Park
What is the Best Neighborhoods USA ranking for North Dearborn Park?
North Dearborn Park is ranked #11 of 29 eligible neighborhoods in Dearborn; #80 of 334 eligible neighborhoods in MI; and #2,886 of 14,967 eligible neighborhoods in the United States.
Is North Dearborn Park one of the best neighborhoods in Dearborn?
North Dearborn Park has a Best Neighborhoods USA Index of 63.6 and a city ranking of #11 of 29 eligible neighborhoods in Dearborn.
How much are homes worth in North Dearborn Park?
The current Zillow Home Value Index for North Dearborn Park is approximately $390,819.
Are home values rising or falling in North Dearborn Park?
Zillow neighborhood values changed 0.5% year over year and 0.08% month over month.
What is the Neighborhood Momentum Score for North Dearborn Park?
North Dearborn Park has a Neighborhood Momentum Score of 50.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in North Dearborn Park?
The NDS-derived neighborhood median household income is approximately $115,770.
How affordable is North Dearborn Park relative to household income?
The current Zillow home-value-to-household-income ratio is 3.38. Price-to-income affordability is a major Value Opportunity input.
Is North Dearborn Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 99.3%.
What is the unemployment rate in North Dearborn Park?
The NDS-derived civilian unemployment rate is approximately 9.8%.
How educated are residents of North Dearborn Park?
Approximately 67.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in North Dearborn Park face high rent burden?
Approximately 92.9% 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 Dearborn Park?
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 applications36
Estimated originations21
Home-purchase applications14
Origination rate58.5%
Home-purchase share39.6%
Average application loan$326,300
Total application loan amount$11,696,892
National application rank#8,568 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.9% YoY; originations 14.3% 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.