What is the Best Neighborhoods USA ranking for Kate Mitchell?
Kate Mitchell is ranked #8 of 18 eligible neighborhoods in Ames; #34 of 165 eligible neighborhoods in IA; and #2,840 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Kate Mitchell
Ames, IA | Story County
Scored premium profile
Best Neighborhoods USA Index
63.8
Stability and Strength
56.4
Value Opportunity
63.7
Momentum
75.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Ames, IA |
| County | Story County |
| National rank | #2,840 of 14,967 |
| State rank | #34 of 165 |
| City rank | #8 of 18 |
| County rank | #8 of 18 |
| National percentile | 81.1 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $282,935 |
| Year-over-year home value change | 2.9% |
| Month-over-month home value change | 0.50% |
| Home value to income ratio | 3.99 |
| Median household income | $70,953 |
| Bachelor's degree or higher | 66.7% |
| Civilian unemployment rate | 1.6% |
| Homeownership rate | 39.5% |
| Housing vacancy rate | 14.6% |
| Rent burden 30% or higher | 43.3% |
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 Kate Mitchell
Is Kate Mitchell one of the best neighborhoods in Ames?
Kate Mitchell has a Best Neighborhoods USA Index of 63.8 and a city ranking of #8 of 18 eligible neighborhoods in Ames.
How much are homes worth in Kate Mitchell?
The current Zillow Home Value Index for Kate Mitchell is approximately $282,935.
Are home values rising or falling in Kate Mitchell?
Zillow neighborhood values changed 2.9% year over year and 0.50% month over month.
What is the Neighborhood Momentum Score for Kate Mitchell?
Kate Mitchell has a Neighborhood Momentum Score of 75.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Kate Mitchell?
The NDS-derived neighborhood median household income is approximately $70,953.
How affordable is Kate Mitchell relative to household income?
The current Zillow home-value-to-household-income ratio is 3.99. Price-to-income affordability is a major Value Opportunity input.
Is Kate Mitchell primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 39.5%.
What is the unemployment rate in Kate Mitchell?
The NDS-derived civilian unemployment rate is approximately 1.6%.
How educated are residents of Kate Mitchell?
Approximately 66.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Kate Mitchell face high rent burden?
Approximately 43.3% 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 Kate Mitchell?
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 applications2
Estimated originations1
Home-purchase applications1
Origination rate70.7%
Home-purchase share56.6%
Average application loan$317,525
Total application loan amount$606,074
National application rank#14,598 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.2% YoY; originations 4.5% 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.