What is the Best Neighborhoods USA ranking for Hannon Park?
Hannon Park is ranked #18 of 108 eligible neighborhoods in Mobile; #30 of 258 eligible neighborhoods in AL; and #3,211 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Hannon Park
Mobile, AL | Mobile County
Scored premium profile
Best Neighborhoods USA Index
62.6
Stability and Strength
65.6
Value Opportunity
77.4
Momentum
37.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Mobile, AL |
| County | Mobile County |
| National rank | #3,211 of 14,967 |
| State rank | #30 of 258 |
| City rank | #18 of 108 |
| County rank | #22 of 148 |
| National percentile | 78.6 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $288,397 |
| Year-over-year home value change | -1.9% |
| Month-over-month home value change | 0.23% |
| Home value to income ratio | 2.79 |
| Median household income | $103,277 |
| Bachelor's degree or higher | 59.8% |
| Civilian unemployment rate | 1.5% |
| Homeownership rate | 71.5% |
| Housing vacancy rate | 11.4% |
| Rent burden 30% or higher | 61.4% |
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 Hannon Park
Is Hannon Park one of the best neighborhoods in Mobile?
Hannon Park has a Best Neighborhoods USA Index of 62.6 and a city ranking of #18 of 108 eligible neighborhoods in Mobile.
How much are homes worth in Hannon Park?
The current Zillow Home Value Index for Hannon Park is approximately $288,397.
Are home values rising or falling in Hannon Park?
Zillow neighborhood values changed -1.9% year over year and 0.23% month over month.
What is the Neighborhood Momentum Score for Hannon Park?
Hannon Park has a Neighborhood Momentum Score of 37.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Hannon Park?
The NDS-derived neighborhood median household income is approximately $103,277.
How affordable is Hannon Park relative to household income?
The current Zillow home-value-to-household-income ratio is 2.79. Price-to-income affordability is a major Value Opportunity input.
Is Hannon Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 71.5%.
What is the unemployment rate in Hannon Park?
The NDS-derived civilian unemployment rate is approximately 1.5%.
How educated are residents of Hannon Park?
Approximately 59.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Hannon Park face high rent burden?
Approximately 61.4% 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 Hannon Park?
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 applications88
Estimated originations62
Home-purchase applications39
Origination rate70.4%
Home-purchase share44.3%
Average application loan$210,357
Total application loan amount$18,518,053
National application rank#4,845 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.3% YoY; originations 17.0% 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.