| Context | Value |
|---|
| Location | Charlottesville, VA |
| County | Charlottesville City |
| National rank | #62 of 14,967 |
| State rank | #3 of 518 |
| City rank | #1 of 25 |
| County rank | #1 of 25 |
| National percentile | 99.6 |
| National band | TOP_1_PERCENT |
Housing and local fundamentals
| Housing and market metrics | Value |
|---|
| Current Zillow home value | $754,238 |
| Year-over-year home value change | 4.4% |
| Month-over-month home value change | 0.51% |
| Home value to income ratio | 4.35 |
| Median household income | $173,573 |
| Bachelor's degree or higher | 80.4% |
| Civilian unemployment rate | 0.1% |
| Homeownership rate | 94.6% |
| Housing vacancy rate | 6.4% |
| Rent burden 30% or higher | 4.1% |
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 Charlottesville High
What is the Best Neighborhoods USA ranking for Charlottesville High?
Charlottesville High is ranked #1 of 25 eligible neighborhoods in Charlottesville; #3 of 518 eligible neighborhoods in VA; and #62 of 14,967 eligible neighborhoods in the United States.
Is Charlottesville High one of the best neighborhoods in Charlottesville?
Charlottesville High has a Best Neighborhoods USA Index of 84.9 and a city ranking of #1 of 25 eligible neighborhoods in Charlottesville.
How much are homes worth in Charlottesville High?
The current Zillow Home Value Index for Charlottesville High is approximately $754,238.
Are home values rising or falling in Charlottesville High?
Zillow neighborhood values changed 4.4% year over year and 0.51% month over month.
What is the Neighborhood Momentum Score for Charlottesville High?
Charlottesville High has a Neighborhood Momentum Score of 83.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Charlottesville High?
The NDS-derived neighborhood median household income is approximately $173,573.
How affordable is Charlottesville High relative to household income?
The current Zillow home-value-to-household-income ratio is 4.35. Price-to-income affordability is a major Value Opportunity input.
Is Charlottesville High primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 94.6%.
What is the unemployment rate in Charlottesville High?
The NDS-derived civilian unemployment rate is approximately 0.1%.
How educated are residents of Charlottesville High?
Approximately 80.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Charlottesville High face high rent burden?
Approximately 4.1% 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 Charlottesville High?
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 applications31
Estimated originations19
Home-purchase applications13
Origination rate61.1%
Home-purchase share42.1%
Average application loan$297,795
Total application loan amount$9,282,584
National application rank#9,088 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 52.9% YoY; originations 59.8% 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.