Neighborhood Profile

Myers Park

Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
69.2
National rank: #1,515 of 14,967
Stability and Strength
74.1
Score
Value Opportunity
44.1
Score
Momentum
96.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharlotte, NC
CountyMecklenburg County
National rank#1,515 of 14,967
State rank#58 of 535
City rank#14 of 163
County rank#14 of 163
National percentile89.9
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,232,119
Year-over-year home value change8.8%
Month-over-month home value change1.00%
Home value to income ratio23.27
Median household income$95,922
Bachelor's degree or higher85.8%
Civilian unemployment rate1.9%
Homeownership rate79.0%
Housing vacancy rate13.3%
Rent burden 30% or higher37.3%

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 Myers Park

What is the Best Neighborhoods USA ranking for Myers Park?

Myers Park is ranked #14 of 163 eligible neighborhoods in Charlotte; #58 of 535 eligible neighborhoods in NC; and #1,515 of 14,967 eligible neighborhoods in the United States.

Is Myers Park one of the best neighborhoods in Charlotte?

Myers Park has a Best Neighborhoods USA Index of 69.2 and a city ranking of #14 of 163 eligible neighborhoods in Charlotte.

How much are homes worth in Myers Park?

The current Zillow Home Value Index for Myers Park is approximately $2,232,119.

Are home values rising or falling in Myers Park?

Zillow neighborhood values changed 8.8% year over year and 1.00% month over month.

What is the Neighborhood Momentum Score for Myers Park?

Myers Park has a Neighborhood Momentum Score of 96.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Myers Park?

The NDS-derived neighborhood median household income is approximately $95,922.

How affordable is Myers Park relative to household income?

The current Zillow home-value-to-household-income ratio is 23.27. Price-to-income affordability is a major Value Opportunity input.

Is Myers Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 79.0%.

What is the unemployment rate in Myers Park?

The NDS-derived civilian unemployment rate is approximately 1.9%.

How educated are residents of Myers Park?

Approximately 85.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Myers Park face high rent burden?

Approximately 37.3% 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 Myers Park?

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 applications494
Estimated originations338
Home-purchase applications246
Origination rate68.3%
Home-purchase share49.7%
Average application loan$862,684
Total application loan amount$426,530,795
National application rank#563 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.0% YoY; originations 10.8% 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.