Neighborhood Profile

Logan

Concord, NC | Cabarrus County
Scored premium profile
Best Neighborhoods USA Index
28.1
National rank: #13,781 of 14,967
Stability and Strength
18.6
Score
Value Opportunity
39.1
Score
Momentum
27.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationConcord, NC
CountyCabarrus County
National rank#13,781 of 14,967
State rank#498 of 535
City rank#11 of 12
County rank#11 of 12
National percentile7.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$198,873
Year-over-year home value change-2.2%
Month-over-month home value change-0.04%
Home value to income ratio3.70
Median household income$53,818
Bachelor's degree or higher17.0%
Civilian unemployment rate17.4%
Homeownership rate47.9%
Housing vacancy rate22.0%
Rent burden 30% or higher63.2%

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 Logan

What is the Best Neighborhoods USA ranking for Logan?

Logan is ranked #11 of 12 eligible neighborhoods in Concord; #498 of 535 eligible neighborhoods in NC; and #13,781 of 14,967 eligible neighborhoods in the United States.

Is Logan one of the best neighborhoods in Concord?

Logan has a Best Neighborhoods USA Index of 28.1 and a city ranking of #11 of 12 eligible neighborhoods in Concord.

How much are homes worth in Logan?

The current Zillow Home Value Index for Logan is approximately $198,873.

Are home values rising or falling in Logan?

Zillow neighborhood values changed -2.2% year over year and -0.04% month over month.

What is the Neighborhood Momentum Score for Logan?

Logan has a Neighborhood Momentum Score of 27.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Logan?

The NDS-derived neighborhood median household income is approximately $53,818.

How affordable is Logan relative to household income?

The current Zillow home-value-to-household-income ratio is 3.70. Price-to-income affordability is a major Value Opportunity input.

Is Logan primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 47.9%.

What is the unemployment rate in Logan?

The NDS-derived civilian unemployment rate is approximately 17.4%.

How educated are residents of Logan?

Approximately 17.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Logan face high rent burden?

Approximately 63.2% 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 Logan?

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 applications105
Estimated originations61
Home-purchase applications55
Origination rate57.6%
Home-purchase share52.5%
Average application loan$364,743
Total application loan amount$38,286,398
National application rank#4,165 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.1% YoY; originations 12.8% 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.