What is the Best Neighborhoods USA ranking for Larchmont?
Larchmont is ranked #78 of 97 eligible neighborhoods in Jackson; #101 of 122 eligible neighborhoods in MS; and #13,510 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Larchmont
Jackson, MS | Hinds County
Scored premium profile
Best Neighborhoods USA Index
29.8
Stability and Strength
15.6
Value Opportunity
8.5
Momentum
82.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Jackson, MS |
| County | Hinds County |
| National rank | #13,510 of 14,967 |
| State rank | #101 of 122 |
| City rank | #78 of 97 |
| County rank | #78 of 97 |
| National percentile | 9.7 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $40,555 |
| Year-over-year home value change | 12.2% |
| Month-over-month home value change | -0.01% |
| Home value to income ratio | 309.66 |
| Median household income | $131 |
| Bachelor's degree or higher | 38.2% |
| Civilian unemployment rate | 25.0% |
| Homeownership rate | 41.6% |
| Housing vacancy rate | 23.2% |
| Rent burden 30% or higher | 71.2% |
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 Larchmont
Is Larchmont one of the best neighborhoods in Jackson?
Larchmont has a Best Neighborhoods USA Index of 29.8 and a city ranking of #78 of 97 eligible neighborhoods in Jackson.
How much are homes worth in Larchmont?
The current Zillow Home Value Index for Larchmont is approximately $40,555.
Are home values rising or falling in Larchmont?
Zillow neighborhood values changed 12.2% year over year and -0.01% month over month.
What is the Neighborhood Momentum Score for Larchmont?
Larchmont has a Neighborhood Momentum Score of 82.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Larchmont?
The NDS-derived neighborhood median household income is approximately $131.
How affordable is Larchmont relative to household income?
The current Zillow home-value-to-household-income ratio is 309.66. Price-to-income affordability is a major Value Opportunity input.
Is Larchmont primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 41.6%.
What is the unemployment rate in Larchmont?
The NDS-derived civilian unemployment rate is approximately 25.0%.
How educated are residents of Larchmont?
Approximately 38.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Larchmont face high rent burden?
Approximately 71.2% 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 Larchmont?
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 applications3
Estimated originations1
Home-purchase applications1
Origination rate41.5%
Home-purchase share29.2%
Average application loan$55,908
Total application loan amount$164,301
National application rank#14,315 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.1% YoY; originations -9.1% 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.