Neighborhood Profile

North of Montana

Santa Monica, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
62.8
National rank: #3,124 of 14,967
Stability and Strength
63.1
Score
Value Opportunity
37.3
Score
Momentum
98.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSanta Monica, CA
CountyLos Angeles County
National rank#3,124 of 14,967
State rank#284 of 1,814
City rank#2 of 9
County rank#53 of 321
National percentile79.2
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$6,164,013
Year-over-year home value change14.1%
Month-over-month home value change0.96%
Home value to income ratio53.55
Median household income$115,111
Bachelor's degree or higher81.2%
Civilian unemployment rate7.7%
Homeownership rate69.3%
Housing vacancy rate11.7%
Rent burden 30% or higher42.9%

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 of Montana

What is the Best Neighborhoods USA ranking for North of Montana?

North of Montana is ranked #2 of 9 eligible neighborhoods in Santa Monica; #284 of 1,814 eligible neighborhoods in CA; and #3,124 of 14,967 eligible neighborhoods in the United States.

Is North of Montana one of the best neighborhoods in Santa Monica?

North of Montana has a Best Neighborhoods USA Index of 62.8 and a city ranking of #2 of 9 eligible neighborhoods in Santa Monica.

How much are homes worth in North of Montana?

The current Zillow Home Value Index for North of Montana is approximately $6,164,013.

Are home values rising or falling in North of Montana?

Zillow neighborhood values changed 14.1% year over year and 0.96% month over month.

What is the Neighborhood Momentum Score for North of Montana?

North of Montana has a Neighborhood Momentum Score of 98.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North of Montana?

The NDS-derived neighborhood median household income is approximately $115,111.

How affordable is North of Montana relative to household income?

The current Zillow home-value-to-household-income ratio is 53.55. Price-to-income affordability is a major Value Opportunity input.

Is North of Montana primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 69.3%.

What is the unemployment rate in North of Montana?

The NDS-derived civilian unemployment rate is approximately 7.7%.

How educated are residents of North of Montana?

Approximately 81.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in North of Montana face high rent burden?

Approximately 42.9% 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 of Montana?

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 applications162
Estimated originations85
Home-purchase applications64
Origination rate52.6%
Home-purchase share39.3%
Average application loan$1,992,357
Total application loan amount$323,531,856
National application rank#2,687 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 12.7% YoY; originations 11.5% 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.