Neighborhood Profile

Jefferson

Cleveland, OH | Cuyahoga County
Scored premium profile
Best Neighborhoods USA Index
47.0
National rank: #8,708 of 14,967
Stability and Strength
39.9
Score
Value Opportunity
58.1
Score
Momentum
42.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCleveland, OH
CountyCuyahoga County
National rank#8,708 of 14,967
State rank#230 of 481
City rank#4 of 36
County rank#12 of 45
National percentile41.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$146,129
Year-over-year home value change0.2%
Month-over-month home value change-0.12%
Home value to income ratio2.49
Median household income$58,784
Bachelor's degree or higher14.1%
Civilian unemployment rate4.9%
Homeownership rate64.5%
Housing vacancy rate6.6%
Rent burden 30% or higher45.6%

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 Jefferson

What is the Best Neighborhoods USA ranking for Jefferson?

Jefferson is ranked #4 of 36 eligible neighborhoods in Cleveland; #230 of 481 eligible neighborhoods in OH; and #8,708 of 14,967 eligible neighborhoods in the United States.

Is Jefferson one of the best neighborhoods in Cleveland?

Jefferson has a Best Neighborhoods USA Index of 47.0 and a city ranking of #4 of 36 eligible neighborhoods in Cleveland.

How much are homes worth in Jefferson?

The current Zillow Home Value Index for Jefferson is approximately $146,129.

Are home values rising or falling in Jefferson?

Zillow neighborhood values changed 0.2% year over year and -0.12% month over month.

What is the Neighborhood Momentum Score for Jefferson?

Jefferson has a Neighborhood Momentum Score of 42.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Jefferson?

The NDS-derived neighborhood median household income is approximately $58,784.

How affordable is Jefferson relative to household income?

The current Zillow home-value-to-household-income ratio is 2.49. Price-to-income affordability is a major Value Opportunity input.

Is Jefferson primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 64.5%.

What is the unemployment rate in Jefferson?

The NDS-derived civilian unemployment rate is approximately 4.9%.

How educated are residents of Jefferson?

Approximately 14.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Jefferson face high rent burden?

Approximately 45.6% 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 Jefferson?

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 applications640
Estimated originations367
Home-purchase applications299
Origination rate57.3%
Home-purchase share46.7%
Average application loan$108,147
Total application loan amount$69,240,966
National application rank#371 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 4.3% YoY; originations 6.9% 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.