What is the Best Neighborhoods USA ranking for The Parkway?
The Parkway is ranked #4 of 12 eligible neighborhoods in Folsom; #151 of 1,814 eligible neighborhoods in CA; and #2,055 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
The Parkway
Folsom, CA | Sacramento County
Scored premium profile
Best Neighborhoods USA Index
66.7
Stability and Strength
81.3
Value Opportunity
78.8
Momentum
26.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Folsom, CA |
| County | Sacramento County |
| National rank | #2,055 of 14,967 |
| State rank | #151 of 1,814 |
| City rank | #4 of 12 |
| County rank | #9 of 144 |
| National percentile | 86.3 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $837,553 |
| Year-over-year home value change | -2.3% |
| Month-over-month home value change | -0.06% |
| Home value to income ratio | 4.53 |
| Median household income | $184,954 |
| Bachelor's degree or higher | 78.3% |
| Civilian unemployment rate | 2.4% |
| Homeownership rate | 87.8% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 85.6% |
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 The Parkway
Is The Parkway one of the best neighborhoods in Folsom?
The Parkway has a Best Neighborhoods USA Index of 66.7 and a city ranking of #4 of 12 eligible neighborhoods in Folsom.
How much are homes worth in The Parkway?
The current Zillow Home Value Index for The Parkway is approximately $837,553.
Are home values rising or falling in The Parkway?
Zillow neighborhood values changed -2.3% year over year and -0.06% month over month.
What is the Neighborhood Momentum Score for The Parkway?
The Parkway has a Neighborhood Momentum Score of 26.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in The Parkway?
The NDS-derived neighborhood median household income is approximately $184,954.
How affordable is The Parkway relative to household income?
The current Zillow home-value-to-household-income ratio is 4.53. Price-to-income affordability is a major Value Opportunity input.
Is The Parkway primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.8%.
What is the unemployment rate in The Parkway?
The NDS-derived civilian unemployment rate is approximately 2.4%.
How educated are residents of The Parkway?
Approximately 78.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in The Parkway face high rent burden?
Approximately 85.6% 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 The Parkway?
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 applications82
Estimated originations51
Home-purchase applications25
Origination rate62.7%
Home-purchase share30.1%
Average application loan$402,153
Total application loan amount$32,977,277
National application rank#5,133 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 38.3% YoY; originations 28.2% 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.