What is the Best Neighborhoods USA ranking for Downtown Neighborhood?
Downtown Neighborhood is ranked #8 of 30 eligible neighborhoods in Little Rock; #36 of 83 eligible neighborhoods in AR; and #4,799 of 14,967 eligible neighborhoods in the United States.
Is Downtown Neighborhood one of the best neighborhoods in Little Rock?
Downtown Neighborhood has a Best Neighborhoods USA Index of 57.7 and a city ranking of #8 of 30 eligible neighborhoods in Little Rock.
How much are homes worth in Downtown Neighborhood?
The current Zillow Home Value Index for Downtown Neighborhood is approximately $207,187.
Are home values rising or falling in Downtown Neighborhood?
Zillow neighborhood values changed 7.8% year over year and 0.57% month over month.
What is the Neighborhood Momentum Score for Downtown Neighborhood?
Downtown Neighborhood has a Neighborhood Momentum Score of 92.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Downtown Neighborhood?
The NDS-derived neighborhood median household income is approximately $51,313.
How affordable is Downtown Neighborhood relative to household income?
The current Zillow home-value-to-household-income ratio is 4.04. Price-to-income affordability is a major Value Opportunity input.
Is Downtown Neighborhood primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 42.3%.
What is the unemployment rate in Downtown Neighborhood?
The NDS-derived civilian unemployment rate is approximately 4.6%.
How educated are residents of Downtown Neighborhood?
Approximately 51.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Downtown Neighborhood face high rent burden?
Approximately 40.5% 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 Downtown Neighborhood?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.