What is the Best Neighborhoods USA ranking for Lakewood?
Lakewood is ranked #124 of 163 eligible neighborhoods in Charlotte; #431 of 535 eligible neighborhoods in NC; and #12,188 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lakewood
Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
35.7
Stability and Strength
32.4
Value Opportunity
24.9
Momentum
56.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Charlotte, NC |
| County | Mecklenburg County |
| National rank | #12,188 of 14,967 |
| State rank | #431 of 535 |
| City rank | #124 of 163 |
| County rank | #124 of 163 |
| National percentile | 18.6 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $246,099 |
| Year-over-year home value change | 3.0% |
| Month-over-month home value change | -0.33% |
| Home value to income ratio | 6.55 |
| Median household income | $37,551 |
| Bachelor's degree or higher | 5.1% |
| Civilian unemployment rate | 11.0% |
| Homeownership rate | 79.9% |
| Housing vacancy rate | 4.7% |
| Rent burden 30% or higher | 32.8% |
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 Lakewood
Is Lakewood one of the best neighborhoods in Charlotte?
Lakewood has a Best Neighborhoods USA Index of 35.7 and a city ranking of #124 of 163 eligible neighborhoods in Charlotte.
How much are homes worth in Lakewood?
The current Zillow Home Value Index for Lakewood is approximately $246,099.
Are home values rising or falling in Lakewood?
Zillow neighborhood values changed 3.0% year over year and -0.33% month over month.
What is the Neighborhood Momentum Score for Lakewood?
Lakewood has a Neighborhood Momentum Score of 56.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lakewood?
The NDS-derived neighborhood median household income is approximately $37,551.
How affordable is Lakewood relative to household income?
The current Zillow home-value-to-household-income ratio is 6.55. Price-to-income affordability is a major Value Opportunity input.
Is Lakewood primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 79.9%.
What is the unemployment rate in Lakewood?
The NDS-derived civilian unemployment rate is approximately 11.0%.
How educated are residents of Lakewood?
Approximately 5.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lakewood face high rent burden?
Approximately 32.8% 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 Lakewood?
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 applications48
Estimated originations26
Home-purchase applications22
Origination rate55.4%
Home-purchase share46.6%
Average application loan$305,934
Total application loan amount$14,564,987
National application rank#7,422 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.6% YoY; originations 11.9% 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.