What is the Best Neighborhoods USA ranking for Manchester Park?
Manchester Park is ranked #32 of 57 eligible neighborhoods in Chattanooga; #436 of 571 eligible neighborhoods in TN; and #11,855 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Manchester Park
Chattanooga, TN | Hamilton County
Scored premium profile
Best Neighborhoods USA Index
37.1
Stability and Strength
40.4
Value Opportunity
48.3
Momentum
16.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Chattanooga, TN |
| County | Hamilton County |
| National rank | #11,855 of 14,967 |
| State rank | #436 of 571 |
| City rank | #32 of 57 |
| County rank | #32 of 57 |
| National percentile | 20.8 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $276,265 |
| Year-over-year home value change | -4.1% |
| Month-over-month home value change | -0.14% |
| Home value to income ratio | 4.29 |
| Median household income | $64,359 |
| Bachelor's degree or higher | 40.1% |
| Civilian unemployment rate | 13.7% |
| Homeownership rate | 71.9% |
| Housing vacancy rate | 4.9% |
| Rent burden 30% or higher | 60.0% |
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 Manchester Park
Is Manchester Park one of the best neighborhoods in Chattanooga?
Manchester Park has a Best Neighborhoods USA Index of 37.1 and a city ranking of #32 of 57 eligible neighborhoods in Chattanooga.
How much are homes worth in Manchester Park?
The current Zillow Home Value Index for Manchester Park is approximately $276,265.
Are home values rising or falling in Manchester Park?
Zillow neighborhood values changed -4.1% year over year and -0.14% month over month.
What is the Neighborhood Momentum Score for Manchester Park?
Manchester Park has a Neighborhood Momentum Score of 16.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Manchester Park?
The NDS-derived neighborhood median household income is approximately $64,359.
How affordable is Manchester Park relative to household income?
The current Zillow home-value-to-household-income ratio is 4.29. Price-to-income affordability is a major Value Opportunity input.
Is Manchester Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 71.9%.
What is the unemployment rate in Manchester Park?
The NDS-derived civilian unemployment rate is approximately 13.7%.
How educated are residents of Manchester Park?
Approximately 40.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Manchester Park face high rent burden?
Approximately 60.0% 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 Manchester Park?
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 applications28
Estimated originations17
Home-purchase applications15
Origination rate62.5%
Home-purchase share53.4%
Average application loan$204,543
Total application loan amount$5,678,369
National application rank#9,538 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.4% YoY; originations 18.5% 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.