What is the Best Neighborhoods USA ranking for Queens-Magnolia Terrace?
Queens-Magnolia Terrace is ranked #36 of 97 eligible neighborhoods in Jackson; #47 of 122 eligible neighborhoods in MS; and #9,386 of 14,967 eligible neighborhoods in the United States.
Is Queens-Magnolia Terrace one of the best neighborhoods in Jackson?
Queens-Magnolia Terrace has a Best Neighborhoods USA Index of 45.0 and a city ranking of #36 of 97 eligible neighborhoods in Jackson.
How much are homes worth in Queens-Magnolia Terrace?
The current Zillow Home Value Index for Queens-Magnolia Terrace is approximately $61,272.
Are home values rising or falling in Queens-Magnolia Terrace?
Zillow neighborhood values changed 6.7% year over year and 0.43% month over month.
What is the Neighborhood Momentum Score for Queens-Magnolia Terrace?
Queens-Magnolia Terrace has a Neighborhood Momentum Score of 89.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Queens-Magnolia Terrace?
The NDS-derived neighborhood median household income is approximately $25,281.
How affordable is Queens-Magnolia Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 2.42. Price-to-income affordability is a major Value Opportunity input.
Is Queens-Magnolia Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 62.4%.
What is the unemployment rate in Queens-Magnolia Terrace?
The NDS-derived civilian unemployment rate is approximately 19.7%.
How educated are residents of Queens-Magnolia Terrace?
Approximately 14.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Queens-Magnolia Terrace face high rent burden?
Approximately 75.9% 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 Queens-Magnolia Terrace?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.