Neighborhood Profile

Tripp's Park

Scranton, PA | Lackawanna County
Scored premium profile
Best Neighborhoods USA Index
51.8
National rank: #7,007 of 14,967
Stability and Strength
32.6
Score
Value Opportunity
45.1
Score
Momentum
91.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationScranton, PA
CountyLackawanna County
National rank#7,007 of 14,967
State rank#161 of 382
City rank#4 of 15
County rank#4 of 15
National percentile53.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$210,064
Year-over-year home value change6.7%
Month-over-month home value change0.64%
Home value to income ratio4.02
Median household income$52,200
Bachelor's degree or higher21.9%
Civilian unemployment rate5.6%
Homeownership rate60.4%
Housing vacancy rate12.0%
Rent burden 30% or higher59.3%

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 Tripp's Park

What is the Best Neighborhoods USA ranking for Tripp's Park?

Tripp's Park is ranked #4 of 15 eligible neighborhoods in Scranton; #161 of 382 eligible neighborhoods in PA; and #7,007 of 14,967 eligible neighborhoods in the United States.

Is Tripp's Park one of the best neighborhoods in Scranton?

Tripp's Park has a Best Neighborhoods USA Index of 51.8 and a city ranking of #4 of 15 eligible neighborhoods in Scranton.

How much are homes worth in Tripp's Park?

The current Zillow Home Value Index for Tripp's Park is approximately $210,064.

Are home values rising or falling in Tripp's Park?

Zillow neighborhood values changed 6.7% year over year and 0.64% month over month.

What is the Neighborhood Momentum Score for Tripp's Park?

Tripp's Park has a Neighborhood Momentum Score of 91.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tripp's Park?

The NDS-derived neighborhood median household income is approximately $52,200.

How affordable is Tripp's Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.02. Price-to-income affordability is a major Value Opportunity input.

Is Tripp's Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 60.4%.

What is the unemployment rate in Tripp's Park?

The NDS-derived civilian unemployment rate is approximately 5.6%.

How educated are residents of Tripp's Park?

Approximately 21.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tripp's Park face high rent burden?

Approximately 59.3% 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 Tripp's 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 applications58
Estimated originations34
Home-purchase applications27
Origination rate58.7%
Home-purchase share46.7%
Average application loan$140,243
Total application loan amount$8,175,012
National application rank#6,625 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 28.8% YoY; originations 17.6% 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.