What is the Best Neighborhoods USA ranking for Algonquin?
Algonquin is ranked #44 of 67 eligible neighborhoods in Louisville; #85 of 115 eligible neighborhoods in KY; and #11,238 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Algonquin
Louisville, KY | Jefferson County
Scored premium profile
Best Neighborhoods USA Index
39.2
Stability and Strength
15.2
Value Opportunity
36.1
Momentum
82.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Louisville, KY |
| County | Jefferson County |
| National rank | #11,238 of 14,967 |
| State rank | #85 of 115 |
| City rank | #44 of 67 |
| County rank | #44 of 67 |
| National percentile | 24.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $104,630 |
| Year-over-year home value change | 3.6% |
| Month-over-month home value change | 0.75% |
| Home value to income ratio | 3.71 |
| Median household income | $28,183 |
| Bachelor's degree or higher | 10.3% |
| Civilian unemployment rate | 12.0% |
| Homeownership rate | 30.9% |
| Housing vacancy rate | 13.1% |
| Rent burden 30% or higher | 47.1% |
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 Algonquin
Is Algonquin one of the best neighborhoods in Louisville?
Algonquin has a Best Neighborhoods USA Index of 39.2 and a city ranking of #44 of 67 eligible neighborhoods in Louisville.
How much are homes worth in Algonquin?
The current Zillow Home Value Index for Algonquin is approximately $104,630.
Are home values rising or falling in Algonquin?
Zillow neighborhood values changed 3.6% year over year and 0.75% month over month.
What is the Neighborhood Momentum Score for Algonquin?
Algonquin has a Neighborhood Momentum Score of 82.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Algonquin?
The NDS-derived neighborhood median household income is approximately $28,183.
How affordable is Algonquin relative to household income?
The current Zillow home-value-to-household-income ratio is 3.71. Price-to-income affordability is a major Value Opportunity input.
Is Algonquin primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 30.9%.
What is the unemployment rate in Algonquin?
The NDS-derived civilian unemployment rate is approximately 12.0%.
How educated are residents of Algonquin?
Approximately 10.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Algonquin face high rent burden?
Approximately 47.1% 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 Algonquin?
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 applications92
Estimated originations39
Home-purchase applications45
Origination rate42.4%
Home-purchase share48.4%
Average application loan$100,871
Total application loan amount$9,328,863
National application rank#4,658 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.1% YoY; originations -5.6% 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.