What is the Best Neighborhoods USA ranking for Shipyard?
Shipyard is ranked #7 of 14 eligible neighborhoods in Hilton Head Island; #49 of 160 eligible neighborhoods in SC; and #3,996 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Shipyard
Hilton Head Island, SC | Beaufort County
Scored premium profile
Best Neighborhoods USA Index
60.1
Stability and Strength
52.9
Value Opportunity
49.9
Momentum
85.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Hilton Head Island, SC |
| County | Beaufort County |
| National rank | #3,996 of 14,967 |
| State rank | #49 of 160 |
| City rank | #7 of 14 |
| County rank | #11 of 32 |
| National percentile | 73.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $625,687 |
| Year-over-year home value change | 5.3% |
| Month-over-month home value change | 0.44% |
| Home value to income ratio | 5.31 |
| Median household income | $117,839 |
| Bachelor's degree or higher | 65.4% |
| Civilian unemployment rate | 10.2% |
| Homeownership rate | 75.4% |
| Housing vacancy rate | 73.8% |
| Rent burden 30% or higher | 61.1% |
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 Shipyard
Is Shipyard one of the best neighborhoods in Hilton Head Island?
Shipyard has a Best Neighborhoods USA Index of 60.1 and a city ranking of #7 of 14 eligible neighborhoods in Hilton Head Island.
How much are homes worth in Shipyard?
The current Zillow Home Value Index for Shipyard is approximately $625,687.
Are home values rising or falling in Shipyard?
Zillow neighborhood values changed 5.3% year over year and 0.44% month over month.
What is the Neighborhood Momentum Score for Shipyard?
Shipyard has a Neighborhood Momentum Score of 85.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Shipyard?
The NDS-derived neighborhood median household income is approximately $117,839.
How affordable is Shipyard relative to household income?
The current Zillow home-value-to-household-income ratio is 5.31. Price-to-income affordability is a major Value Opportunity input.
Is Shipyard primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 75.4%.
What is the unemployment rate in Shipyard?
The NDS-derived civilian unemployment rate is approximately 10.2%.
How educated are residents of Shipyard?
Approximately 65.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Shipyard face high rent burden?
Approximately 61.1% 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 Shipyard?
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 applications82
Estimated originations54
Home-purchase applications48
Origination rate66.3%
Home-purchase share59.4%
Average application loan$572,797
Total application loan amount$46,751,063
National application rank#5,149 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.1% YoY; originations -3.6% 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.