What is the Best Neighborhoods USA ranking for Cedar Grove?
Cedar Grove is ranked #13 of 15 eligible neighborhoods in Theodore; #164 of 258 eligible neighborhoods in AL; and #11,214 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cedar Grove
Theodore, AL | Mobile County
Scored premium profile
Best Neighborhoods USA Index
39.3
Stability and Strength
30.5
Value Opportunity
47.5
Momentum
41.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Theodore, AL |
| County | Mobile County |
| National rank | #11,214 of 14,967 |
| State rank | #164 of 258 |
| City rank | #13 of 15 |
| County rank | #109 of 148 |
| National percentile | 25.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $199,694 |
| Year-over-year home value change | 0.5% |
| Month-over-month home value change | -0.23% |
| Home value to income ratio | 3.54 |
| Median household income | $56,368 |
| Bachelor's degree or higher | 4.1% |
| Civilian unemployment rate | 9.2% |
| Homeownership rate | 44.4% |
| Housing vacancy rate | 3.4% |
| Rent burden 30% or higher | 37.8% |
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 Cedar Grove
Is Cedar Grove one of the best neighborhoods in Theodore?
Cedar Grove has a Best Neighborhoods USA Index of 39.3 and a city ranking of #13 of 15 eligible neighborhoods in Theodore.
How much are homes worth in Cedar Grove?
The current Zillow Home Value Index for Cedar Grove is approximately $199,694.
Are home values rising or falling in Cedar Grove?
Zillow neighborhood values changed 0.5% year over year and -0.23% month over month.
What is the Neighborhood Momentum Score for Cedar Grove?
Cedar Grove has a Neighborhood Momentum Score of 41.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cedar Grove?
The NDS-derived neighborhood median household income is approximately $56,368.
How affordable is Cedar Grove relative to household income?
The current Zillow home-value-to-household-income ratio is 3.54. Price-to-income affordability is a major Value Opportunity input.
Is Cedar Grove primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 44.4%.
What is the unemployment rate in Cedar Grove?
The NDS-derived civilian unemployment rate is approximately 9.2%.
How educated are residents of Cedar Grove?
Approximately 4.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cedar Grove face high rent burden?
Approximately 37.8% 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 Cedar Grove?
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 applications46
Estimated originations28
Home-purchase applications31
Origination rate59.5%
Home-purchase share65.9%
Average application loan$228,647
Total application loan amount$10,614,184
National application rank#7,545 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 73.3% YoY; originations 110.1% 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.