Neighborhood Profile

West Salem

Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
39.7
National rank: #11,104 of 14,967
Stability and Strength
25.7
Score
Value Opportunity
30.2
Score
Momentum
75.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWinston-Salem, NC
CountyForsyth County
National rank#11,104 of 14,967
State rank#382 of 535
City rank#129 of 185
County rank#133 of 189
National percentile25.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$262,788
Year-over-year home value change3.1%
Month-over-month home value change0.41%
Home value to income ratio6.47
Median household income$40,617
Bachelor's degree or higher44.1%
Civilian unemployment rate8.2%
Homeownership rate44.5%
Housing vacancy rate17.0%
Rent burden 30% or higher79.3%

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 West Salem

What is the Best Neighborhoods USA ranking for West Salem?

West Salem is ranked #129 of 185 eligible neighborhoods in Winston-Salem; #382 of 535 eligible neighborhoods in NC; and #11,104 of 14,967 eligible neighborhoods in the United States.

Is West Salem one of the best neighborhoods in Winston-Salem?

West Salem has a Best Neighborhoods USA Index of 39.7 and a city ranking of #129 of 185 eligible neighborhoods in Winston-Salem.

How much are homes worth in West Salem?

The current Zillow Home Value Index for West Salem is approximately $262,788.

Are home values rising or falling in West Salem?

Zillow neighborhood values changed 3.1% year over year and 0.41% month over month.

What is the Neighborhood Momentum Score for West Salem?

West Salem has a Neighborhood Momentum Score of 75.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in West Salem?

The NDS-derived neighborhood median household income is approximately $40,617.

How affordable is West Salem relative to household income?

The current Zillow home-value-to-household-income ratio is 6.47. Price-to-income affordability is a major Value Opportunity input.

Is West Salem primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 44.5%.

What is the unemployment rate in West Salem?

The NDS-derived civilian unemployment rate is approximately 8.2%.

How educated are residents of West Salem?

Approximately 44.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in West Salem face high rent burden?

Approximately 79.3% 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 West Salem?

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 applications43
Estimated originations26
Home-purchase applications22
Origination rate60.2%
Home-purchase share49.7%
Average application loan$262,812
Total application loan amount$11,393,467
National application rank#7,807 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.5% YoY; originations -4.2% 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.