Neighborhood Profile

Morley Heights/Parkview

Duluth, MN | Saint Louis County
Scored premium profile
Best Neighborhoods USA Index
84.2
National rank: #78 of 14,967
Stability and Strength
86.0
Score
Value Opportunity
85.9
Score
Momentum
78.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDuluth, MN
CountySaint Louis County
National rank#78 of 14,967
State rank#6 of 275
City rank#2 of 29
County rank#2 of 29
National percentile99.5
National bandTOP_1_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$393,220
Year-over-year home value change5.6%
Month-over-month home value change0.10%
Home value to income ratio3.21
Median household income$122,363
Bachelor's degree or higher73.0%
Civilian unemployment rate1.4%
Homeownership rate78.2%
Housing vacancy rate0.0%
Rent burden 30% or higher6.5%

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 Morley Heights/Parkview

What is the Best Neighborhoods USA ranking for Morley Heights/Parkview?

Morley Heights/Parkview is ranked #2 of 29 eligible neighborhoods in Duluth; #6 of 275 eligible neighborhoods in MN; and #78 of 14,967 eligible neighborhoods in the United States.

Is Morley Heights/Parkview one of the best neighborhoods in Duluth?

Morley Heights/Parkview has a Best Neighborhoods USA Index of 84.2 and a city ranking of #2 of 29 eligible neighborhoods in Duluth.

How much are homes worth in Morley Heights/Parkview?

The current Zillow Home Value Index for Morley Heights/Parkview is approximately $393,220.

Are home values rising or falling in Morley Heights/Parkview?

Zillow neighborhood values changed 5.6% year over year and 0.10% month over month.

What is the Neighborhood Momentum Score for Morley Heights/Parkview?

Morley Heights/Parkview has a Neighborhood Momentum Score of 78.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Morley Heights/Parkview?

The NDS-derived neighborhood median household income is approximately $122,363.

How affordable is Morley Heights/Parkview relative to household income?

The current Zillow home-value-to-household-income ratio is 3.21. Price-to-income affordability is a major Value Opportunity input.

Is Morley Heights/Parkview primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 78.2%.

What is the unemployment rate in Morley Heights/Parkview?

The NDS-derived civilian unemployment rate is approximately 1.4%.

How educated are residents of Morley Heights/Parkview?

Approximately 73.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Morley Heights/Parkview face high rent burden?

Approximately 6.5% 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 Morley Heights/Parkview?

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 applications84
Estimated originations58
Home-purchase applications37
Origination rate69.3%
Home-purchase share44.3%
Average application loan$202,670
Total application loan amount$17,059,284
National application rank#5,024 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.8% YoY; originations 8.1% 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.