What is the Best Neighborhoods USA ranking for Fairfax?
Fairfax is ranked #35 of 36 eligible neighborhoods in Cleveland; #475 of 481 eligible neighborhoods in OH; and #14,889 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Fairfax
Cleveland, OH | Cuyahoga County
Scored premium profile
Best Neighborhoods USA Index
13.9
Stability and Strength
7.8
Value Opportunity
20.8
Momentum
14.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Cleveland, OH |
| County | Cuyahoga County |
| National rank | #14,889 of 14,967 |
| State rank | #475 of 481 |
| City rank | #35 of 36 |
| County rank | #44 of 45 |
| National percentile | 0.5 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $97,859 |
| Year-over-year home value change | -9.1% |
| Month-over-month home value change | -0.01% |
| Home value to income ratio | 5.66 |
| Median household income | $17,277 |
| Bachelor's degree or higher | 12.9% |
| Civilian unemployment rate | 22.8% |
| Homeownership rate | 33.0% |
| Housing vacancy rate | 20.5% |
| Rent burden 30% or higher | 69.1% |
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 Fairfax
Is Fairfax one of the best neighborhoods in Cleveland?
Fairfax has a Best Neighborhoods USA Index of 13.9 and a city ranking of #35 of 36 eligible neighborhoods in Cleveland.
How much are homes worth in Fairfax?
The current Zillow Home Value Index for Fairfax is approximately $97,859.
Are home values rising or falling in Fairfax?
Zillow neighborhood values changed -9.1% year over year and -0.01% month over month.
What is the Neighborhood Momentum Score for Fairfax?
Fairfax has a Neighborhood Momentum Score of 14.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Fairfax?
The NDS-derived neighborhood median household income is approximately $17,277.
How affordable is Fairfax relative to household income?
The current Zillow home-value-to-household-income ratio is 5.66. Price-to-income affordability is a major Value Opportunity input.
Is Fairfax primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 33.0%.
What is the unemployment rate in Fairfax?
The NDS-derived civilian unemployment rate is approximately 22.8%.
How educated are residents of Fairfax?
Approximately 12.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Fairfax face high rent burden?
Approximately 69.1% 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 Fairfax?
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 applications103
Estimated originations41
Home-purchase applications45
Origination rate39.9%
Home-purchase share43.6%
Average application loan$147,252
Total application loan amount$15,216,679
National application rank#4,223 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 52.5% YoY; originations 52.4% 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.