Neighborhood Profile

Northwest Hills Terrace

Jackson, MS | Hinds County
Scored premium profile
Best Neighborhoods USA Index
38.9
National rank: #11,338 of 14,967
Stability and Strength
40.6
Score
Value Opportunity
61.6
Score
Momentum
4.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationJackson, MS
CountyHinds County
National rank#11,338 of 14,967
State rank#66 of 122
City rank#52 of 97
County rank#52 of 97
National percentile24.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$81,438
Year-over-year home value change-5.1%
Month-over-month home value change-3.60%
Home value to income ratio1.88
Median household income$43,314
Bachelor's degree or higher20.6%
Civilian unemployment rate0.0%
Homeownership rate79.2%
Housing vacancy rate17.7%
Rent burden 30% or higher100.0%

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 Northwest Hills Terrace

What is the Best Neighborhoods USA ranking for Northwest Hills Terrace?

Northwest Hills Terrace is ranked #52 of 97 eligible neighborhoods in Jackson; #66 of 122 eligible neighborhoods in MS; and #11,338 of 14,967 eligible neighborhoods in the United States.

Is Northwest Hills Terrace one of the best neighborhoods in Jackson?

Northwest Hills Terrace has a Best Neighborhoods USA Index of 38.9 and a city ranking of #52 of 97 eligible neighborhoods in Jackson.

How much are homes worth in Northwest Hills Terrace?

The current Zillow Home Value Index for Northwest Hills Terrace is approximately $81,438.

Are home values rising or falling in Northwest Hills Terrace?

Zillow neighborhood values changed -5.1% year over year and -3.60% month over month.

What is the Neighborhood Momentum Score for Northwest Hills Terrace?

Northwest Hills Terrace has a Neighborhood Momentum Score of 4.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northwest Hills Terrace?

The NDS-derived neighborhood median household income is approximately $43,314.

How affordable is Northwest Hills Terrace relative to household income?

The current Zillow home-value-to-household-income ratio is 1.88. Price-to-income affordability is a major Value Opportunity input.

Is Northwest Hills Terrace primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 79.2%.

What is the unemployment rate in Northwest Hills Terrace?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Northwest Hills Terrace?

Approximately 20.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northwest Hills Terrace face high rent burden?

Approximately 100.0% 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 Northwest Hills Terrace?

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 applications3
Estimated originations2
Home-purchase applications1
Origination rate55.3%
Home-purchase share31.6%
Average application loan$53,457
Total application loan amount$184,231
National application rank#14,171 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -22.4% YoY; originations 31.3% 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.