Neighborhood Profile

Hillcrest

Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
54.1
National rank: #6,084 of 14,967
Stability and Strength
53.3
Score
Value Opportunity
51.6
Score
Momentum
58.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWinston-Salem, NC
CountyForsyth County
National rank#6,084 of 14,967
State rank#220 of 535
City rank#64 of 185
County rank#67 of 189
National percentile59.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$346,209
Year-over-year home value change2.9%
Month-over-month home value change-0.16%
Home value to income ratio4.44
Median household income$78,051
Bachelor's degree or higher40.7%
Civilian unemployment rate10.3%
Homeownership rate81.6%
Housing vacancy rate4.5%
Rent burden 30% or higher27.7%

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 Hillcrest

What is the Best Neighborhoods USA ranking for Hillcrest?

Hillcrest is ranked #64 of 185 eligible neighborhoods in Winston-Salem; #220 of 535 eligible neighborhoods in NC; and #6,084 of 14,967 eligible neighborhoods in the United States.

Is Hillcrest one of the best neighborhoods in Winston-Salem?

Hillcrest has a Best Neighborhoods USA Index of 54.1 and a city ranking of #64 of 185 eligible neighborhoods in Winston-Salem.

How much are homes worth in Hillcrest?

The current Zillow Home Value Index for Hillcrest is approximately $346,209.

Are home values rising or falling in Hillcrest?

Zillow neighborhood values changed 2.9% year over year and -0.16% month over month.

What is the Neighborhood Momentum Score for Hillcrest?

Hillcrest has a Neighborhood Momentum Score of 58.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hillcrest?

The NDS-derived neighborhood median household income is approximately $78,051.

How affordable is Hillcrest relative to household income?

The current Zillow home-value-to-household-income ratio is 4.44. Price-to-income affordability is a major Value Opportunity input.

Is Hillcrest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 81.6%.

What is the unemployment rate in Hillcrest?

The NDS-derived civilian unemployment rate is approximately 10.3%.

How educated are residents of Hillcrest?

Approximately 40.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hillcrest face high rent burden?

Approximately 27.7% 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 Hillcrest?

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 applications10
Estimated originations7
Home-purchase applications4
Origination rate66.1%
Home-purchase share38.1%
Average application loan$185,362
Total application loan amount$1,923,734
National application rank#12,423 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.6% YoY; originations 18.2% 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.