What is the Best Neighborhoods USA ranking for Hanover West?
Hanover West is ranked #12 of 206 eligible neighborhoods in Atlanta; #42 of 438 eligible neighborhoods in GA; and #993 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Hanover West
Atlanta, GA | Fulton County
Scored premium profile
Best Neighborhoods USA Index
72.1
Stability and Strength
88.1
Value Opportunity
65.5
Momentum
55.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Atlanta, GA |
| County | Fulton County |
| National rank | #993 of 14,967 |
| State rank | #42 of 438 |
| City rank | #12 of 206 |
| County rank | #13 of 210 |
| National percentile | 93.4 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,313,747 |
| Year-over-year home value change | 2.0% |
| Month-over-month home value change | -0.09% |
| Home value to income ratio | 8.38 |
| Median household income | $156,864 |
| Bachelor's degree or higher | 91.8% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 100.0% |
| Housing vacancy rate | 2.1% |
| Rent burden 30% or higher | 64.6% |
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 Hanover West
Is Hanover West one of the best neighborhoods in Atlanta?
Hanover West has a Best Neighborhoods USA Index of 72.1 and a city ranking of #12 of 206 eligible neighborhoods in Atlanta.
How much are homes worth in Hanover West?
The current Zillow Home Value Index for Hanover West is approximately $1,313,747.
Are home values rising or falling in Hanover West?
Zillow neighborhood values changed 2.0% year over year and -0.09% month over month.
What is the Neighborhood Momentum Score for Hanover West?
Hanover West has a Neighborhood Momentum Score of 55.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Hanover West?
The NDS-derived neighborhood median household income is approximately $156,864.
How affordable is Hanover West relative to household income?
The current Zillow home-value-to-household-income ratio is 8.38. Price-to-income affordability is a major Value Opportunity input.
Is Hanover West primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 100.0%.
What is the unemployment rate in Hanover West?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Hanover West?
Approximately 91.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Hanover West face high rent burden?
Approximately 64.6% 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 Hanover West?
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
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 applications23
Estimated originations15
Home-purchase applications12
Origination rate63.6%
Home-purchase share52.9%
Average application loan$372,342
Total application loan amount$8,560,543
National application rank#10,181 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.7% YoY; originations -12.5% 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.