Neighborhood Profile

Woodlake

Carrollton, TX | Denton County
Scored premium profile
Best Neighborhoods USA Index
57.6
National rank: #4,837 of 14,967
Stability and Strength
70.3
Score
Value Opportunity
75.8
Score
Momentum
11.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCarrollton, TX
CountyDenton County
National rank#4,837 of 14,967
State rank#361 of 1,241
City rank#24 of 37
County rank#22 of 43
National percentile67.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$337,235
Year-over-year home value change-5.7%
Month-over-month home value change-0.19%
Home value to income ratio3.20
Median household income$105,514
Bachelor's degree or higher28.4%
Civilian unemployment rate1.2%
Homeownership rate75.9%
Housing vacancy rate0.1%
Rent burden 30% or higher38.4%

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 Woodlake

What is the Best Neighborhoods USA ranking for Woodlake?

Woodlake is ranked #24 of 37 eligible neighborhoods in Carrollton; #361 of 1,241 eligible neighborhoods in TX; and #4,837 of 14,967 eligible neighborhoods in the United States.

Is Woodlake one of the best neighborhoods in Carrollton?

Woodlake has a Best Neighborhoods USA Index of 57.6 and a city ranking of #24 of 37 eligible neighborhoods in Carrollton.

How much are homes worth in Woodlake?

The current Zillow Home Value Index for Woodlake is approximately $337,235.

Are home values rising or falling in Woodlake?

Zillow neighborhood values changed -5.7% year over year and -0.19% month over month.

What is the Neighborhood Momentum Score for Woodlake?

Woodlake has a Neighborhood Momentum Score of 11.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Woodlake?

The NDS-derived neighborhood median household income is approximately $105,514.

How affordable is Woodlake relative to household income?

The current Zillow home-value-to-household-income ratio is 3.20. Price-to-income affordability is a major Value Opportunity input.

Is Woodlake primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 75.9%.

What is the unemployment rate in Woodlake?

The NDS-derived civilian unemployment rate is approximately 1.2%.

How educated are residents of Woodlake?

Approximately 28.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Woodlake face high rent burden?

Approximately 38.4% 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 Woodlake?

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 applications68
Estimated originations39
Home-purchase applications32
Origination rate57.7%
Home-purchase share47.0%
Average application loan$246,187
Total application loan amount$16,633,750
National application rank#5,977 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.9% YoY; originations -2.7% 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.

Texas Current Housing Market

Current housing market in Woodlake

A current-market snapshot based on active sale listings observed in the certified National Data System Texas housing refresh.

19
Active listings observed
$389,900
Median asking price
$213.29
Median asking price / sq. ft.
48.0
Median days on market
1,896 sq. ft.
Median home size
Observed asking-price range: $299,999 to $549,000 Newest listing observed: 2026-09-16 19:00:00-05:00
How this current-market geography is determined

Coverage basis: Exact neighborhood matches plus strong Census Block Group associations.

12 exact polygon matches; 7 strong supplemental associations. Exact Zillow polygon membership and supplemental Census Block Group association remain separate in the governed data. Supplemental associations are not represented as exact Zillow polygon membership.

Current listing observations are separate from BestNeighborhoodsUSA rankings and do not change neighborhood scores, ranks, historical Zillow trends, Census measures, or HMDA mortgage intelligence.