What is the Best Neighborhoods USA ranking for Riverbend?
Riverbend is ranked #7 of 29 eligible neighborhoods in Dearborn; #45 of 334 eligible neighborhoods in MI; and #1,401 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Riverbend
Dearborn, MI | Wayne County
Scored premium profile
Best Neighborhoods USA Index
69.7
Stability and Strength
69.3
Value Opportunity
65.3
Momentum
76.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Dearborn, MI |
| County | Wayne County |
| National rank | #1,401 of 14,967 |
| State rank | #45 of 334 |
| City rank | #7 of 29 |
| County rank | #13 of 123 |
| National percentile | 90.7 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $520,839 |
| Year-over-year home value change | 4.1% |
| Month-over-month home value change | 0.21% |
| Home value to income ratio | 4.60 |
| Median household income | $113,123 |
| Bachelor's degree or higher | 63.6% |
| Civilian unemployment rate | 6.5% |
| Homeownership rate | 99.3% |
| Housing vacancy rate | 0.4% |
| Rent burden 30% or higher | 58.3% |
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 Riverbend
Is Riverbend one of the best neighborhoods in Dearborn?
Riverbend has a Best Neighborhoods USA Index of 69.7 and a city ranking of #7 of 29 eligible neighborhoods in Dearborn.
How much are homes worth in Riverbend?
The current Zillow Home Value Index for Riverbend is approximately $520,839.
Are home values rising or falling in Riverbend?
Zillow neighborhood values changed 4.1% year over year and 0.21% month over month.
What is the Neighborhood Momentum Score for Riverbend?
Riverbend has a Neighborhood Momentum Score of 76.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Riverbend?
The NDS-derived neighborhood median household income is approximately $113,123.
How affordable is Riverbend relative to household income?
The current Zillow home-value-to-household-income ratio is 4.60. Price-to-income affordability is a major Value Opportunity input.
Is Riverbend primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 99.3%.
What is the unemployment rate in Riverbend?
The NDS-derived civilian unemployment rate is approximately 6.5%.
How educated are residents of Riverbend?
Approximately 63.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Riverbend face high rent burden?
Approximately 58.3% 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 Riverbend?
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
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 originations5
Home-purchase applications3
Origination rate53.5%
Home-purchase share35.0%
Average application loan$376,110
Total application loan amount$3,406,585
National application rank#12,747 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.3% YoY; originations -2.5% 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.