What is the Best Neighborhoods USA ranking for Raines Community?
Raines Community is ranked #55 of 97 eligible neighborhoods in Jackson; #69 of 122 eligible neighborhoods in MS; and #11,545 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Raines Community
Jackson, MS | Hinds County
Scored premium profile
Best Neighborhoods USA Index
38.2
Stability and Strength
10.7
Value Opportunity
44.6
Momentum
73.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Jackson, MS |
| County | Hinds County |
| National rank | #11,545 of 14,967 |
| State rank | #69 of 122 |
| City rank | #55 of 97 |
| County rank | #55 of 97 |
| National percentile | 22.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $48,652 |
| Year-over-year home value change | 19.6% |
| Month-over-month home value change | -0.49% |
| Home value to income ratio | 1.35 |
| Median household income | $35,944 |
| Bachelor's degree or higher | 6.4% |
| Civilian unemployment rate | 24.1% |
| Homeownership rate | 47.0% |
| Housing vacancy rate | 13.6% |
| Rent burden 30% or higher | 86.0% |
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 Raines Community
Is Raines Community one of the best neighborhoods in Jackson?
Raines Community has a Best Neighborhoods USA Index of 38.2 and a city ranking of #55 of 97 eligible neighborhoods in Jackson.
How much are homes worth in Raines Community?
The current Zillow Home Value Index for Raines Community is approximately $48,652.
Are home values rising or falling in Raines Community?
Zillow neighborhood values changed 19.6% year over year and -0.49% month over month.
What is the Neighborhood Momentum Score for Raines Community?
Raines Community has a Neighborhood Momentum Score of 73.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Raines Community?
The NDS-derived neighborhood median household income is approximately $35,944.
How affordable is Raines Community relative to household income?
The current Zillow home-value-to-household-income ratio is 1.35. Price-to-income affordability is a major Value Opportunity input.
Is Raines Community primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 47.0%.
What is the unemployment rate in Raines Community?
The NDS-derived civilian unemployment rate is approximately 24.1%.
How educated are residents of Raines Community?
Approximately 6.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Raines Community face high rent burden?
Approximately 86.0% 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 Raines Community?
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 applications2
Estimated originations1
Home-purchase applications1
Origination rate58.6%
Home-purchase share52.9%
Average application loan$97,759
Total application loan amount$219,035
National application rank#14,507 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 40.3% YoY; originations 50.0% 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.