Neighborhood Profile

Rockwell Park-Hemphill Heights

Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
47.0
National rank: #8,705 of 14,967
Stability and Strength
52.9
Score
Value Opportunity
52.9
Score
Momentum
29.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharlotte, NC
CountyMecklenburg County
National rank#8,705 of 14,967
State rank#294 of 535
City rank#82 of 163
County rank#82 of 163
National percentile41.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$311,437
Year-over-year home value change-1.3%
Month-over-month home value change-0.18%
Home value to income ratio5.57
Median household income$55,953
Bachelor's degree or higher42.1%
Civilian unemployment rate0.5%
Homeownership rate64.7%
Housing vacancy rate3.5%
Rent burden 30% or higher76.3%

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 Rockwell Park-Hemphill Heights

What is the Best Neighborhoods USA ranking for Rockwell Park-Hemphill Heights?

Rockwell Park-Hemphill Heights is ranked #82 of 163 eligible neighborhoods in Charlotte; #294 of 535 eligible neighborhoods in NC; and #8,705 of 14,967 eligible neighborhoods in the United States.

Is Rockwell Park-Hemphill Heights one of the best neighborhoods in Charlotte?

Rockwell Park-Hemphill Heights has a Best Neighborhoods USA Index of 47.0 and a city ranking of #82 of 163 eligible neighborhoods in Charlotte.

How much are homes worth in Rockwell Park-Hemphill Heights?

The current Zillow Home Value Index for Rockwell Park-Hemphill Heights is approximately $311,437.

Are home values rising or falling in Rockwell Park-Hemphill Heights?

Zillow neighborhood values changed -1.3% year over year and -0.18% month over month.

What is the Neighborhood Momentum Score for Rockwell Park-Hemphill Heights?

Rockwell Park-Hemphill Heights has a Neighborhood Momentum Score of 29.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Rockwell Park-Hemphill Heights?

The NDS-derived neighborhood median household income is approximately $55,953.

How affordable is Rockwell Park-Hemphill Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 5.57. Price-to-income affordability is a major Value Opportunity input.

Is Rockwell Park-Hemphill Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 64.7%.

What is the unemployment rate in Rockwell Park-Hemphill Heights?

The NDS-derived civilian unemployment rate is approximately 0.5%.

How educated are residents of Rockwell Park-Hemphill Heights?

Approximately 42.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Rockwell Park-Hemphill Heights face high rent burden?

Approximately 76.3% 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 Rockwell Park-Hemphill Heights?

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 applications251
Estimated originations124
Home-purchase applications98
Origination rate49.4%
Home-purchase share39.1%
Average application loan$206,158
Total application loan amount$51,796,641
National application rank#1,539 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.6% YoY; originations -10.9% 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.