What is the Best Neighborhoods USA ranking for Phoenix Hill?
Phoenix Hill is ranked #53 of 67 eligible neighborhoods in Louisville; #98 of 115 eligible neighborhoods in KY; and #12,832 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Phoenix Hill
Louisville, KY | Jefferson County
Scored premium profile
Best Neighborhoods USA Index
33.1
Stability and Strength
21.9
Value Opportunity
21.9
Momentum
66.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Louisville, KY |
| County | Jefferson County |
| National rank | #12,832 of 14,967 |
| State rank | #98 of 115 |
| City rank | #53 of 67 |
| County rank | #53 of 67 |
| National percentile | 14.3 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $249,295 |
| Year-over-year home value change | 2.0% |
| Month-over-month home value change | 0.30% |
| Home value to income ratio | 7.52 |
| Median household income | $33,141 |
| Bachelor's degree or higher | 26.9% |
| Civilian unemployment rate | 10.0% |
| Homeownership rate | 8.5% |
| Housing vacancy rate | 13.6% |
| Rent burden 30% or higher | 35.9% |
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 Phoenix Hill
Is Phoenix Hill one of the best neighborhoods in Louisville?
Phoenix Hill has a Best Neighborhoods USA Index of 33.1 and a city ranking of #53 of 67 eligible neighborhoods in Louisville.
How much are homes worth in Phoenix Hill?
The current Zillow Home Value Index for Phoenix Hill is approximately $249,295.
Are home values rising or falling in Phoenix Hill?
Zillow neighborhood values changed 2.0% year over year and 0.30% month over month.
What is the Neighborhood Momentum Score for Phoenix Hill?
Phoenix Hill has a Neighborhood Momentum Score of 66.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Phoenix Hill?
The NDS-derived neighborhood median household income is approximately $33,141.
How affordable is Phoenix Hill relative to household income?
The current Zillow home-value-to-household-income ratio is 7.52. Price-to-income affordability is a major Value Opportunity input.
Is Phoenix Hill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 8.5%.
What is the unemployment rate in Phoenix Hill?
The NDS-derived civilian unemployment rate is approximately 10.0%.
How educated are residents of Phoenix Hill?
Approximately 26.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Phoenix Hill face high rent burden?
Approximately 35.9% 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 Phoenix Hill?
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 applications39
Estimated originations21
Home-purchase applications24
Origination rate54.1%
Home-purchase share62.7%
Average application loan$324,339
Total application loan amount$12,555,231
National application rank#8,255 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.6% YoY; originations 7.4% 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.