| Context | Value |
|---|
| Location | New Albany, OH |
| County | Franklin County |
| National rank | #4,083 of 14,967 |
| State rank | #109 of 481 |
| City rank | Not available |
| County rank | #58 of 215 |
| National percentile | 72.7 |
| National band | MIDDLE_50_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $382,802 |
| Year-over-year home value change | 0.2% |
| Month-over-month home value change | 0.23% |
| Home value to income ratio | 4.36 |
| Median household income | $87,818 |
| Bachelor's degree or higher | 47.5% |
| Civilian unemployment rate | 0.7% |
| Homeownership rate | 40.0% |
| Housing vacancy rate | 9.9% |
| Rent burden 30% or higher | 20.4% |
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 Central College
What is the Best Neighborhoods USA ranking for Central College?
Central College is ranked No published New Albany rank is currently available; #109 of 481 eligible neighborhoods in OH; and #4,083 of 14,967 eligible neighborhoods in the United States.
Is Central College one of the best neighborhoods in New Albany?
Central College has a Best Neighborhoods USA Index of 59.9 and a city ranking of No published New Albany rank is currently available.
How much are homes worth in Central College?
The current Zillow Home Value Index for Central College is approximately $382,802.
Are home values rising or falling in Central College?
Zillow neighborhood values changed 0.2% year over year and 0.23% month over month.
What is the Neighborhood Momentum Score for Central College?
Central College has a Neighborhood Momentum Score of 52.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Central College?
The NDS-derived neighborhood median household income is approximately $87,818.
How affordable is Central College relative to household income?
The current Zillow home-value-to-household-income ratio is 4.36. Price-to-income affordability is a major Value Opportunity input.
Is Central College primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.0%.
What is the unemployment rate in Central College?
The NDS-derived civilian unemployment rate is approximately 0.7%.
How educated are residents of Central College?
Approximately 47.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Central College face high rent burden?
Approximately 20.4% 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 Central College?
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 applications131
Estimated originations94
Home-purchase applications72
Origination rate71.9%
Home-purchase share55.0%
Average application loan$427,005
Total application loan amount$56,113,557
National application rank#3,355 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.2% YoY; originations 30.0% 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.