Neighborhood Profile

Hazelwood

Pittsburgh, PA | Allegheny County
Scored premium profile
Best Neighborhoods USA Index
41.2
National rank: #10,635 of 14,967
Stability and Strength
25.7
Score
Value Opportunity
50.8
Score
Momentum
52.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPittsburgh, PA
CountyAllegheny County
National rank#10,635 of 14,967
State rank#248 of 382
City rank#55 of 83
County rank#55 of 83
National percentile29.0
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$105,804
Year-over-year home value change1.7%
Month-over-month home value change-0.12%
Home value to income ratio2.46
Median household income$43,084
Bachelor's degree or higher25.2%
Civilian unemployment rate7.2%
Homeownership rate52.9%
Housing vacancy rate19.5%
Rent burden 30% or higher60.2%

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 Hazelwood

What is the Best Neighborhoods USA ranking for Hazelwood?

Hazelwood is ranked #55 of 83 eligible neighborhoods in Pittsburgh; #248 of 382 eligible neighborhoods in PA; and #10,635 of 14,967 eligible neighborhoods in the United States.

Is Hazelwood one of the best neighborhoods in Pittsburgh?

Hazelwood has a Best Neighborhoods USA Index of 41.2 and a city ranking of #55 of 83 eligible neighborhoods in Pittsburgh.

How much are homes worth in Hazelwood?

The current Zillow Home Value Index for Hazelwood is approximately $105,804.

Are home values rising or falling in Hazelwood?

Zillow neighborhood values changed 1.7% year over year and -0.12% month over month.

What is the Neighborhood Momentum Score for Hazelwood?

Hazelwood has a Neighborhood Momentum Score of 52.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hazelwood?

The NDS-derived neighborhood median household income is approximately $43,084.

How affordable is Hazelwood relative to household income?

The current Zillow home-value-to-household-income ratio is 2.46. Price-to-income affordability is a major Value Opportunity input.

Is Hazelwood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 52.9%.

What is the unemployment rate in Hazelwood?

The NDS-derived civilian unemployment rate is approximately 7.2%.

How educated are residents of Hazelwood?

Approximately 25.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hazelwood face high rent burden?

Approximately 60.2% 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 Hazelwood?

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 applications60
Estimated originations33
Home-purchase applications32
Origination rate53.9%
Home-purchase share52.2%
Average application loan$126,285
Total application loan amount$7,633,966
National application rank#6,458 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.6% YoY; originations 7.7% 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.