What is the Best Neighborhoods USA ranking for Valle Crucis?
Valle Crucis is ranked No published Banner Elk rank is currently available; #351 of 535 eligible neighborhoods in NC; and #10,223 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Valle Crucis
Banner Elk, NC | Watauga County
Scored premium profile
Best Neighborhoods USA Index
42.5
Stability and Strength
47.5
Value Opportunity
32.1
Momentum
49.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Banner Elk, NC |
| County | Watauga County |
| National rank | #10,223 of 14,967 |
| State rank | #351 of 535 |
| City rank | Not available |
| County rank | Not available |
| National percentile | 31.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $685,645 |
| Year-over-year home value change | -0.9% |
| Month-over-month home value change | 0.47% |
| Home value to income ratio | 8.34 |
| Median household income | $82,198 |
| Bachelor's degree or higher | 51.7% |
| Civilian unemployment rate | 10.5% |
| Homeownership rate | 68.7% |
| Housing vacancy rate | 61.7% |
| Rent burden 30% or higher | 33.9% |
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 Valle Crucis
Is Valle Crucis one of the best neighborhoods in Banner Elk?
Valle Crucis has a Best Neighborhoods USA Index of 42.5 and a city ranking of No published Banner Elk rank is currently available.
How much are homes worth in Valle Crucis?
The current Zillow Home Value Index for Valle Crucis is approximately $685,645.
Are home values rising or falling in Valle Crucis?
Zillow neighborhood values changed -0.9% year over year and 0.47% month over month.
What is the Neighborhood Momentum Score for Valle Crucis?
Valle Crucis has a Neighborhood Momentum Score of 49.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Valle Crucis?
The NDS-derived neighborhood median household income is approximately $82,198.
How affordable is Valle Crucis relative to household income?
The current Zillow home-value-to-household-income ratio is 8.34. Price-to-income affordability is a major Value Opportunity input.
Is Valle Crucis primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 68.7%.
What is the unemployment rate in Valle Crucis?
The NDS-derived civilian unemployment rate is approximately 10.5%.
How educated are residents of Valle Crucis?
Approximately 51.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Valle Crucis face high rent burden?
Approximately 33.9% 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 Valle Crucis?
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 applications22
Estimated originations13
Home-purchase applications11
Origination rate60.4%
Home-purchase share50.7%
Average application loan$319,846
Total application loan amount$7,071,882
National application rank#10,314 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.0% YoY; originations -6.8% 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.