Neighborhood Profile

Prosperity Church Road

Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
54.4
National rank: #5,991 of 14,967
Stability and Strength
57.3
Score
Value Opportunity
62.0
Score
Momentum
39.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharlotte, NC
CountyMecklenburg County
National rank#5,991 of 14,967
State rank#216 of 535
City rank#57 of 163
County rank#57 of 163
National percentile60.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$382,920
Year-over-year home value change-0.0%
Month-over-month home value change-0.19%
Home value to income ratio4.33
Median household income$88,521
Bachelor's degree or higher52.2%
Civilian unemployment rate3.7%
Homeownership rate48.4%
Housing vacancy rate6.9%
Rent burden 30% or higher45.1%

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 Prosperity Church Road

What is the Best Neighborhoods USA ranking for Prosperity Church Road?

Prosperity Church Road is ranked #57 of 163 eligible neighborhoods in Charlotte; #216 of 535 eligible neighborhoods in NC; and #5,991 of 14,967 eligible neighborhoods in the United States.

Is Prosperity Church Road one of the best neighborhoods in Charlotte?

Prosperity Church Road has a Best Neighborhoods USA Index of 54.4 and a city ranking of #57 of 163 eligible neighborhoods in Charlotte.

How much are homes worth in Prosperity Church Road?

The current Zillow Home Value Index for Prosperity Church Road is approximately $382,920.

Are home values rising or falling in Prosperity Church Road?

Zillow neighborhood values changed -0.0% year over year and -0.19% month over month.

What is the Neighborhood Momentum Score for Prosperity Church Road?

Prosperity Church Road has a Neighborhood Momentum Score of 39.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Prosperity Church Road?

The NDS-derived neighborhood median household income is approximately $88,521.

How affordable is Prosperity Church Road relative to household income?

The current Zillow home-value-to-household-income ratio is 4.33. Price-to-income affordability is a major Value Opportunity input.

Is Prosperity Church Road primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.4%.

What is the unemployment rate in Prosperity Church Road?

The NDS-derived civilian unemployment rate is approximately 3.7%.

How educated are residents of Prosperity Church Road?

Approximately 52.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Prosperity Church Road face high rent burden?

Approximately 45.1% 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 Prosperity Church Road?

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 applications604
Estimated originations316
Home-purchase applications191
Origination rate52.3%
Home-purchase share31.7%
Average application loan$282,799
Total application loan amount$170,700,278
National application rank#407 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.0% YoY; originations -9.5% 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.