What is the Best Neighborhoods USA ranking for Cool Spring?
Cool Spring is ranked #15 of 35 eligible neighborhoods in Wilmington; #15 of 35 eligible neighborhoods in DE; and #8,967 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cool Spring
Wilmington, DE | New Castle County
Scored premium profile
Best Neighborhoods USA Index
46.3
Stability and Strength
35.6
Value Opportunity
30.9
Momentum
84.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Wilmington, DE |
| County | New Castle County |
| National rank | #8,967 of 14,967 |
| State rank | #15 of 35 |
| City rank | #15 of 35 |
| County rank | #15 of 35 |
| National percentile | 40.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $428,663 |
| Year-over-year home value change | 4.2% |
| Month-over-month home value change | 0.72% |
| Home value to income ratio | 10.52 |
| Median household income | $40,738 |
| Bachelor's degree or higher | 39.7% |
| Civilian unemployment rate | 0.7% |
| Homeownership rate | 19.7% |
| Housing vacancy rate | 20.3% |
| Rent burden 30% or higher | 65.2% |
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 Cool Spring
Is Cool Spring one of the best neighborhoods in Wilmington?
Cool Spring has a Best Neighborhoods USA Index of 46.3 and a city ranking of #15 of 35 eligible neighborhoods in Wilmington.
How much are homes worth in Cool Spring?
The current Zillow Home Value Index for Cool Spring is approximately $428,663.
Are home values rising or falling in Cool Spring?
Zillow neighborhood values changed 4.2% year over year and 0.72% month over month.
What is the Neighborhood Momentum Score for Cool Spring?
Cool Spring has a Neighborhood Momentum Score of 84.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cool Spring?
The NDS-derived neighborhood median household income is approximately $40,738.
How affordable is Cool Spring relative to household income?
The current Zillow home-value-to-household-income ratio is 10.52. Price-to-income affordability is a major Value Opportunity input.
Is Cool Spring primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 19.7%.
What is the unemployment rate in Cool Spring?
The NDS-derived civilian unemployment rate is approximately 0.7%.
How educated are residents of Cool Spring?
Approximately 39.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cool Spring face high rent burden?
Approximately 65.2% 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 Cool Spring?
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 applications52
Estimated originations28
Home-purchase applications18
Origination rate53.7%
Home-purchase share35.0%
Average application loan$187,079
Total application loan amount$9,791,154
National application rank#7,063 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 24.1% YoY; originations 10.7% 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.