Neighborhood Profile

Hartford

Providence, RI | Providence County
Scored premium profile
Best Neighborhoods USA Index
30.3
National rank: #13,428 of 14,967
Stability and Strength
22.6
Score
Value Opportunity
11.7
Score
Momentum
68.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationProvidence, RI
CountyProvidence County
National rank#13,428 of 14,967
State rank#62 of 69
City rank#20 of 23
County rank#47 of 54
National percentile10.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$402,528
Year-over-year home value change2.6%
Month-over-month home value change0.26%
Home value to income ratio11.62
Median household income$34,650
Bachelor's degree or higher12.4%
Civilian unemployment rate13.1%
Homeownership rate48.9%
Housing vacancy rate13.7%
Rent burden 30% or higher17.9%

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 Hartford

What is the Best Neighborhoods USA ranking for Hartford?

Hartford is ranked #20 of 23 eligible neighborhoods in Providence; #62 of 69 eligible neighborhoods in RI; and #13,428 of 14,967 eligible neighborhoods in the United States.

Is Hartford one of the best neighborhoods in Providence?

Hartford has a Best Neighborhoods USA Index of 30.3 and a city ranking of #20 of 23 eligible neighborhoods in Providence.

How much are homes worth in Hartford?

The current Zillow Home Value Index for Hartford is approximately $402,528.

Are home values rising or falling in Hartford?

Zillow neighborhood values changed 2.6% year over year and 0.26% month over month.

What is the Neighborhood Momentum Score for Hartford?

Hartford has a Neighborhood Momentum Score of 68.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hartford?

The NDS-derived neighborhood median household income is approximately $34,650.

How affordable is Hartford relative to household income?

The current Zillow home-value-to-household-income ratio is 11.62. Price-to-income affordability is a major Value Opportunity input.

Is Hartford primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.9%.

What is the unemployment rate in Hartford?

The NDS-derived civilian unemployment rate is approximately 13.1%.

How educated are residents of Hartford?

Approximately 12.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hartford face high rent burden?

Approximately 17.9% 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 Hartford?

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 applications173
Estimated originations76
Home-purchase applications59
Origination rate44.0%
Home-purchase share33.9%
Average application loan$217,853
Total application loan amount$37,723,251
National application rank#2,503 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.5% YoY; originations 27.3% 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.