Neighborhood Profile

Chelsea Heights

Decatur, GA | Dekalb County
Scored premium profile
Best Neighborhoods USA Index
83.8
National rank: #91 of 14,967
Stability and Strength
90.0
Score
Value Opportunity
80.5
Score
Momentum
78.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDecatur, GA
CountyDekalb County
National rank#91 of 14,967
State rank#1 of 438
City rank#1 of 19
County rank#1 of 50
National percentile99.4
National bandTOP_1_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$710,390
Year-over-year home value change5.2%
Month-over-month home value change0.14%
Home value to income ratio3.99
Median household income$177,961
Bachelor's degree or higher90.5%
Civilian unemployment rate1.1%
Homeownership rate92.3%
Housing vacancy rate7.2%
Rent burden 30% or higher12.3%

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 Chelsea Heights

What is the Best Neighborhoods USA ranking for Chelsea Heights?

Chelsea Heights is ranked #1 of 19 eligible neighborhoods in Decatur; #1 of 438 eligible neighborhoods in GA; and #91 of 14,967 eligible neighborhoods in the United States.

Is Chelsea Heights one of the best neighborhoods in Decatur?

Chelsea Heights has a Best Neighborhoods USA Index of 83.8 and a city ranking of #1 of 19 eligible neighborhoods in Decatur.

How much are homes worth in Chelsea Heights?

The current Zillow Home Value Index for Chelsea Heights is approximately $710,390.

Are home values rising or falling in Chelsea Heights?

Zillow neighborhood values changed 5.2% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Chelsea Heights?

Chelsea Heights has a Neighborhood Momentum Score of 78.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Chelsea Heights?

The NDS-derived neighborhood median household income is approximately $177,961.

How affordable is Chelsea Heights 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 Chelsea Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 92.3%.

What is the unemployment rate in Chelsea Heights?

The NDS-derived civilian unemployment rate is approximately 1.1%.

How educated are residents of Chelsea Heights?

Approximately 90.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Chelsea Heights face high rent burden?

Approximately 12.3% 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 Chelsea Heights?

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

#1 Neighborhood in Georgia

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 applications20
Estimated originations11
Home-purchase applications8
Origination rate55.6%
Home-purchase share39.6%
Average application loan$362,602
Total application loan amount$7,244,565
National application rank#10,647 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -6.8% YoY; originations -11.6% 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.