Neighborhood Profile

Old Town

Augusta, GA | Richmond County
Scored premium profile
Best Neighborhoods USA Index
28.3
National rank: #13,738 of 14,967
Stability and Strength
14.3
Score
Value Opportunity
16.1
Score
Momentum
67.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAugusta, GA
CountyRichmond County
National rank#13,738 of 14,967
State rank#337 of 438
City rank#34 of 40
County rank#43 of 49
National percentile8.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$173,177
Year-over-year home value change5.8%
Month-over-month home value change-0.35%
Home value to income ratio9.88
Median household income$17,521
Bachelor's degree or higher27.1%
Civilian unemployment rate8.0%
Homeownership rate24.0%
Housing vacancy rate28.7%
Rent burden 30% or higher76.4%

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 Old Town

What is the Best Neighborhoods USA ranking for Old Town?

Old Town is ranked #34 of 40 eligible neighborhoods in Augusta; #337 of 438 eligible neighborhoods in GA; and #13,738 of 14,967 eligible neighborhoods in the United States.

Is Old Town one of the best neighborhoods in Augusta?

Old Town has a Best Neighborhoods USA Index of 28.3 and a city ranking of #34 of 40 eligible neighborhoods in Augusta.

How much are homes worth in Old Town?

The current Zillow Home Value Index for Old Town is approximately $173,177.

Are home values rising or falling in Old Town?

Zillow neighborhood values changed 5.8% year over year and -0.35% month over month.

What is the Neighborhood Momentum Score for Old Town?

Old Town has a Neighborhood Momentum Score of 67.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Old Town?

The NDS-derived neighborhood median household income is approximately $17,521.

How affordable is Old Town relative to household income?

The current Zillow home-value-to-household-income ratio is 9.88. Price-to-income affordability is a major Value Opportunity input.

Is Old Town primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 24.0%.

What is the unemployment rate in Old Town?

The NDS-derived civilian unemployment rate is approximately 8.0%.

How educated are residents of Old Town?

Approximately 27.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Old Town face high rent burden?

Approximately 76.4% 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 Old Town?

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 applications22
Estimated originations13
Home-purchase applications10
Origination rate58.1%
Home-purchase share47.8%
Average application loan$183,081
Total application loan amount$3,971,235
National application rank#10,373 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.4% YoY; originations 5.4% 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.