Neighborhood Profile

Village Creek

Brooklyn Park, MN | Hennepin County
Scored premium profile
Best Neighborhoods USA Index
30.7
National rank: #13,361 of 14,967
Stability and Strength
26.7
Score
Value Opportunity
31.5
Score
Momentum
36.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationBrooklyn Park, MN
CountyHennepin County
National rank#13,361 of 14,967
State rank#267 of 275
City rank#29 of 29
County rank#179 of 185
National percentile10.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$284,362
Year-over-year home value change-0.4%
Month-over-month home value change-0.19%
Home value to income ratio6.97
Median household income$40,792
Bachelor's degree or higher22.5%
Civilian unemployment rate4.0%
Homeownership rate22.6%
Housing vacancy rate9.2%
Rent burden 30% or higher67.6%

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 Village Creek

What is the Best Neighborhoods USA ranking for Village Creek?

Village Creek is ranked #29 of 29 eligible neighborhoods in Brooklyn Park; #267 of 275 eligible neighborhoods in MN; and #13,361 of 14,967 eligible neighborhoods in the United States.

Is Village Creek one of the best neighborhoods in Brooklyn Park?

Village Creek has a Best Neighborhoods USA Index of 30.7 and a city ranking of #29 of 29 eligible neighborhoods in Brooklyn Park.

How much are homes worth in Village Creek?

The current Zillow Home Value Index for Village Creek is approximately $284,362.

Are home values rising or falling in Village Creek?

Zillow neighborhood values changed -0.4% year over year and -0.19% month over month.

What is the Neighborhood Momentum Score for Village Creek?

Village Creek has a Neighborhood Momentum Score of 36.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Village Creek?

The NDS-derived neighborhood median household income is approximately $40,792.

How affordable is Village Creek relative to household income?

The current Zillow home-value-to-household-income ratio is 6.97. Price-to-income affordability is a major Value Opportunity input.

Is Village Creek primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 22.6%.

What is the unemployment rate in Village Creek?

The NDS-derived civilian unemployment rate is approximately 4.0%.

How educated are residents of Village Creek?

Approximately 22.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Village Creek face high rent burden?

Approximately 67.6% 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 Village Creek?

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 applications61
Estimated originations31
Home-purchase applications27
Origination rate51.1%
Home-purchase share44.2%
Average application loan$213,146
Total application loan amount$13,083,644
National application rank#6,393 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 45.4% YoY; originations 36.8% 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.