What is the Best Neighborhoods USA ranking for Raintree?
Raintree is ranked #38 of 163 eligible neighborhoods in Charlotte; #142 of 535 eligible neighborhoods in NC; and #3,771 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Raintree
Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
60.8
Stability and Strength
60.7
Value Opportunity
58.6
Momentum
63.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Charlotte, NC |
| County | Mecklenburg County |
| National rank | #3,771 of 14,967 |
| State rank | #142 of 535 |
| City rank | #38 of 163 |
| County rank | #38 of 163 |
| National percentile | 74.8 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $542,472 |
| Year-over-year home value change | 2.8% |
| Month-over-month home value change | 0.02% |
| Home value to income ratio | 5.52 |
| Median household income | $98,347 |
| Bachelor's degree or higher | 63.3% |
| Civilian unemployment rate | 3.6% |
| Homeownership rate | 66.7% |
| Housing vacancy rate | 6.5% |
| Rent burden 30% or higher | 74.3% |
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 Raintree
Is Raintree one of the best neighborhoods in Charlotte?
Raintree has a Best Neighborhoods USA Index of 60.8 and a city ranking of #38 of 163 eligible neighborhoods in Charlotte.
How much are homes worth in Raintree?
The current Zillow Home Value Index for Raintree is approximately $542,472.
Are home values rising or falling in Raintree?
Zillow neighborhood values changed 2.8% year over year and 0.02% month over month.
What is the Neighborhood Momentum Score for Raintree?
Raintree has a Neighborhood Momentum Score of 63.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Raintree?
The NDS-derived neighborhood median household income is approximately $98,347.
How affordable is Raintree relative to household income?
The current Zillow home-value-to-household-income ratio is 5.52. Price-to-income affordability is a major Value Opportunity input.
Is Raintree primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.7%.
What is the unemployment rate in Raintree?
The NDS-derived civilian unemployment rate is approximately 3.6%.
How educated are residents of Raintree?
Approximately 63.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Raintree face high rent burden?
Approximately 74.3% 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 Raintree?
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 applications148
Estimated originations96
Home-purchase applications52
Origination rate64.7%
Home-purchase share34.9%
Average application loan$328,371
Total application loan amount$48,690,114
National application rank#2,967 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.2% YoY; originations -6.2% 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.