Neighborhood Profile

Nevin Community

Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
43.0
National rank: #10,064 of 14,967
Stability and Strength
47.6
Score
Value Opportunity
51.0
Score
Momentum
24.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharlotte, NC
CountyMecklenburg County
National rank#10,064 of 14,967
State rank#345 of 535
City rank#93 of 163
County rank#93 of 163
National percentile32.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$310,539
Year-over-year home value change-1.6%
Month-over-month home value change-0.35%
Home value to income ratio4.96
Median household income$62,642
Bachelor's degree or higher21.5%
Civilian unemployment rate1.1%
Homeownership rate59.7%
Housing vacancy rate5.8%
Rent burden 30% or higher59.0%

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 Nevin Community

What is the Best Neighborhoods USA ranking for Nevin Community?

Nevin Community is ranked #93 of 163 eligible neighborhoods in Charlotte; #345 of 535 eligible neighborhoods in NC; and #10,064 of 14,967 eligible neighborhoods in the United States.

Is Nevin Community one of the best neighborhoods in Charlotte?

Nevin Community has a Best Neighborhoods USA Index of 43.0 and a city ranking of #93 of 163 eligible neighborhoods in Charlotte.

How much are homes worth in Nevin Community?

The current Zillow Home Value Index for Nevin Community is approximately $310,539.

Are home values rising or falling in Nevin Community?

Zillow neighborhood values changed -1.6% year over year and -0.35% month over month.

What is the Neighborhood Momentum Score for Nevin Community?

Nevin Community has a Neighborhood Momentum Score of 24.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Nevin Community?

The NDS-derived neighborhood median household income is approximately $62,642.

How affordable is Nevin Community relative to household income?

The current Zillow home-value-to-household-income ratio is 4.96. Price-to-income affordability is a major Value Opportunity input.

Is Nevin Community primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 59.7%.

What is the unemployment rate in Nevin Community?

The NDS-derived civilian unemployment rate is approximately 1.1%.

How educated are residents of Nevin Community?

Approximately 21.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Nevin Community face high rent burden?

Approximately 59.0% 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 Nevin Community?

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 applications212
Estimated originations120
Home-purchase applications86
Origination rate56.6%
Home-purchase share40.6%
Average application loan$237,665
Total application loan amount$50,285,610
National application rank#1,911 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.7% YoY; originations 6.3% 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.