Neighborhood Profile

Converse Heights

Spartanburg, SC | Spartanburg County
Scored premium profile
Best Neighborhoods USA Index
68.1
National rank: #1,729 of 14,967
Stability and Strength
77.0
Score
Value Opportunity
76.6
Score
Momentum
42.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSpartanburg, SC
CountySpartanburg County
National rank#1,729 of 14,967
State rank#25 of 160
City rank#1 of 9
County rank#1 of 9
National percentile88.5
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$470,651
Year-over-year home value change1.1%
Month-over-month home value change-0.50%
Home value to income ratio4.21
Median household income$111,812
Bachelor's degree or higher76.3%
Civilian unemployment rate0.0%
Homeownership rate79.8%
Housing vacancy rate4.6%
Rent burden 30% or higher65.4%

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 Converse Heights

What is the Best Neighborhoods USA ranking for Converse Heights?

Converse Heights is ranked #1 of 9 eligible neighborhoods in Spartanburg; #25 of 160 eligible neighborhoods in SC; and #1,729 of 14,967 eligible neighborhoods in the United States.

Is Converse Heights one of the best neighborhoods in Spartanburg?

Converse Heights has a Best Neighborhoods USA Index of 68.1 and a city ranking of #1 of 9 eligible neighborhoods in Spartanburg.

How much are homes worth in Converse Heights?

The current Zillow Home Value Index for Converse Heights is approximately $470,651.

Are home values rising or falling in Converse Heights?

Zillow neighborhood values changed 1.1% year over year and -0.50% month over month.

What is the Neighborhood Momentum Score for Converse Heights?

Converse Heights has a Neighborhood Momentum Score of 42.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Converse Heights?

The NDS-derived neighborhood median household income is approximately $111,812.

How affordable is Converse Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 4.21. Price-to-income affordability is a major Value Opportunity input.

Is Converse Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 79.8%.

What is the unemployment rate in Converse Heights?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Converse Heights?

Approximately 76.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Converse Heights face high rent burden?

Approximately 65.4% 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 Converse Heights?

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 applications54
Estimated originations32
Home-purchase applications29
Origination rate60.7%
Home-purchase share54.1%
Average application loan$439,869
Total application loan amount$23,559,269
National application rank#6,964 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -10.6% YoY; originations -19.1% 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.