Neighborhood Profile

Beverly Hills

Concord, NC | Cabarrus County
Scored premium profile
Best Neighborhoods USA Index
50.4
National rank: #7,482 of 14,967
Stability and Strength
54.7
Score
Value Opportunity
51.7
Score
Momentum
41.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationConcord, NC
CountyCabarrus County
National rank#7,482 of 14,967
State rank#259 of 535
City rank#6 of 12
County rank#6 of 12
National percentile50.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$383,412
Year-over-year home value change-0.7%
Month-over-month home value change0.09%
Home value to income ratio4.48
Median household income$85,675
Bachelor's degree or higher31.4%
Civilian unemployment rate6.0%
Homeownership rate82.5%
Housing vacancy rate8.8%
Rent burden 30% or higher27.5%

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 Beverly Hills

What is the Best Neighborhoods USA ranking for Beverly Hills?

Beverly Hills is ranked #6 of 12 eligible neighborhoods in Concord; #259 of 535 eligible neighborhoods in NC; and #7,482 of 14,967 eligible neighborhoods in the United States.

Is Beverly Hills one of the best neighborhoods in Concord?

Beverly Hills has a Best Neighborhoods USA Index of 50.4 and a city ranking of #6 of 12 eligible neighborhoods in Concord.

How much are homes worth in Beverly Hills?

The current Zillow Home Value Index for Beverly Hills is approximately $383,412.

Are home values rising or falling in Beverly Hills?

Zillow neighborhood values changed -0.7% year over year and 0.09% month over month.

What is the Neighborhood Momentum Score for Beverly Hills?

Beverly Hills has a Neighborhood Momentum Score of 41.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Beverly Hills?

The NDS-derived neighborhood median household income is approximately $85,675.

How affordable is Beverly Hills relative to household income?

The current Zillow home-value-to-household-income ratio is 4.48. Price-to-income affordability is a major Value Opportunity input.

Is Beverly Hills primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 82.5%.

What is the unemployment rate in Beverly Hills?

The NDS-derived civilian unemployment rate is approximately 6.0%.

How educated are residents of Beverly Hills?

Approximately 31.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Beverly Hills face high rent burden?

Approximately 27.5% 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 Beverly Hills?

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 applications17
Estimated originations10
Home-purchase applications7
Origination rate61.2%
Home-purchase share39.7%
Average application loan$223,337
Total application loan amount$3,719,857
National application rank#11,181 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 18.5% YoY; originations 13.2% 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.