What is the Best Neighborhoods USA ranking for Chaffee?
Chaffee is ranked #5 of 8 eligible neighborhoods in Huntsville; #123 of 258 eligible neighborhoods in AL; and #9,626 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Chaffee
Huntsville, AL | Madison County
Scored premium profile
Best Neighborhoods USA Index
44.3
Stability and Strength
43.0
Value Opportunity
53.9
Momentum
32.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Huntsville, AL |
| County | Madison County |
| National rank | #9,626 of 14,967 |
| State rank | #123 of 258 |
| City rank | #5 of 8 |
| County rank | #5 of 8 |
| National percentile | 35.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $278,074 |
| Year-over-year home value change | -1.2% |
| Month-over-month home value change | -0.10% |
| Home value to income ratio | 4.47 |
| Median household income | $62,202 |
| Bachelor's degree or higher | 44.4% |
| Civilian unemployment rate | 2.7% |
| Homeownership rate | 47.1% |
| Housing vacancy rate | 10.5% |
| Rent burden 30% or higher | 78.5% |
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 Chaffee
Is Chaffee one of the best neighborhoods in Huntsville?
Chaffee has a Best Neighborhoods USA Index of 44.3 and a city ranking of #5 of 8 eligible neighborhoods in Huntsville.
How much are homes worth in Chaffee?
The current Zillow Home Value Index for Chaffee is approximately $278,074.
Are home values rising or falling in Chaffee?
Zillow neighborhood values changed -1.2% year over year and -0.10% month over month.
What is the Neighborhood Momentum Score for Chaffee?
Chaffee has a Neighborhood Momentum Score of 32.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Chaffee?
The NDS-derived neighborhood median household income is approximately $62,202.
How affordable is Chaffee relative to household income?
The current Zillow home-value-to-household-income ratio is 4.47. Price-to-income affordability is a major Value Opportunity input.
Is Chaffee primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 47.1%.
What is the unemployment rate in Chaffee?
The NDS-derived civilian unemployment rate is approximately 2.7%.
How educated are residents of Chaffee?
Approximately 44.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Chaffee face high rent burden?
Approximately 78.5% 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 Chaffee?
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 applications33
Estimated originations23
Home-purchase applications22
Origination rate71.0%
Home-purchase share65.2%
Average application loan$292,097
Total application loan amount$9,655,836
National application rank#8,855 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -17.1% YoY; originations -12.7% 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.