What is the Best Neighborhoods USA ranking for Olde Towne?
Olde Towne is ranked #23 of 24 eligible neighborhoods in Toledo; #434 of 481 eligible neighborhoods in OH; and #13,964 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Olde Towne
Toledo, OH | Lucas County
Scored premium profile
Best Neighborhoods USA Index
26.9
Stability and Strength
14.6
Value Opportunity
35.2
Momentum
34.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Toledo, OH |
| County | Lucas County |
| National rank | #13,964 of 14,967 |
| State rank | #434 of 481 |
| City rank | #23 of 24 |
| County rank | #23 of 24 |
| National percentile | 6.7 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $72,687 |
| Year-over-year home value change | 0.5% |
| Month-over-month home value change | -2.35% |
| Home value to income ratio | 3.63 |
| Median household income | $20,014 |
| Bachelor's degree or higher | 12.1% |
| Civilian unemployment rate | 11.5% |
| Homeownership rate | 34.0% |
| Housing vacancy rate | 21.3% |
| Rent burden 30% or higher | 44.9% |
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 Olde Towne
Is Olde Towne one of the best neighborhoods in Toledo?
Olde Towne has a Best Neighborhoods USA Index of 26.9 and a city ranking of #23 of 24 eligible neighborhoods in Toledo.
How much are homes worth in Olde Towne?
The current Zillow Home Value Index for Olde Towne is approximately $72,687.
Are home values rising or falling in Olde Towne?
Zillow neighborhood values changed 0.5% year over year and -2.35% month over month.
What is the Neighborhood Momentum Score for Olde Towne?
Olde Towne has a Neighborhood Momentum Score of 34.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Olde Towne?
The NDS-derived neighborhood median household income is approximately $20,014.
How affordable is Olde Towne relative to household income?
The current Zillow home-value-to-household-income ratio is 3.63. Price-to-income affordability is a major Value Opportunity input.
Is Olde Towne primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 34.0%.
What is the unemployment rate in Olde Towne?
The NDS-derived civilian unemployment rate is approximately 11.5%.
How educated are residents of Olde Towne?
Approximately 12.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Olde Towne face high rent burden?
Approximately 44.9% 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 Olde Towne?
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 applications46
Estimated originations16
Home-purchase applications11
Origination rate35.0%
Home-purchase share23.9%
Average application loan$104,492
Total application loan amount$4,755,888
National application rank#7,629 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -12.7% YoY; originations 11.7% 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.