Neighborhood Profile

Woodlake

Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
62.0
National rank: #3,383 of 14,967
Stability and Strength
82.2
Score
Value Opportunity
75.5
Score
Momentum
10.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDurham, NC
CountyDurham County
National rank#3,383 of 14,967
State rank#131 of 535
City rank#37 of 107
County rank#36 of 106
National percentile77.4
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$464,648
Year-over-year home value change-3.7%
Month-over-month home value change-0.56%
Home value to income ratio4.35
Median household income$106,834
Bachelor's degree or higher74.1%
Civilian unemployment rate1.6%
Homeownership rate95.6%
Housing vacancy rate0.1%
Rent burden 30% or higher50.3%

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 #37 of 107 eligible neighborhoods in Durham; #131 of 535 eligible neighborhoods in NC; and #3,383 of 14,967 eligible neighborhoods in the United States.

Is Woodlake one of the best neighborhoods in Durham?

Woodlake has a Best Neighborhoods USA Index of 62.0 and a city ranking of #37 of 107 eligible neighborhoods in Durham.

How much are homes worth in Woodlake?

The current Zillow Home Value Index for Woodlake is approximately $464,648.

Are home values rising or falling in Woodlake?

Zillow neighborhood values changed -3.7% year over year and -0.56% month over month.

What is the Neighborhood Momentum Score for Woodlake?

Woodlake has a Neighborhood Momentum Score of 10.6. 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 $106,834.

How affordable is Woodlake relative to household income?

The current Zillow home-value-to-household-income ratio is 4.35. Price-to-income affordability is a major Value Opportunity input.

Is Woodlake primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 95.6%.

What is the unemployment rate in Woodlake?

The NDS-derived civilian unemployment rate is approximately 1.6%.

How educated are residents of Woodlake?

Approximately 74.1% 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 50.3% 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 applications51
Estimated originations32
Home-purchase applications26
Origination rate63.4%
Home-purchase share51.7%
Average application loan$253,530
Total application loan amount$12,849,175
National application rank#7,175 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.4% YoY; originations 7.2% 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.