What is the Best Neighborhoods USA ranking for Sharon Woods?
Sharon Woods is ranked #6 of 163 eligible neighborhoods in Charlotte; #20 of 535 eligible neighborhoods in NC; and #529 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Sharon Woods
Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
76.0
Stability and Strength
81.3
Value Opportunity
62.3
Momentum
86.5
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 | #529 of 14,967 |
| State rank | #20 of 535 |
| City rank | #6 of 163 |
| County rank | #6 of 163 |
| National percentile | 96.5 |
| National band | TOP_5_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,164,124 |
| Year-over-year home value change | 5.0% |
| Month-over-month home value change | 0.56% |
| Home value to income ratio | 7.42 |
| Median household income | $156,889 |
| Bachelor's degree or higher | 71.9% |
| Civilian unemployment rate | 2.7% |
| Homeownership rate | 69.4% |
| Housing vacancy rate | 2.0% |
| Rent burden 30% or higher | 37.4% |
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 Sharon Woods
Is Sharon Woods one of the best neighborhoods in Charlotte?
Sharon Woods has a Best Neighborhoods USA Index of 76.0 and a city ranking of #6 of 163 eligible neighborhoods in Charlotte.
How much are homes worth in Sharon Woods?
The current Zillow Home Value Index for Sharon Woods is approximately $1,164,124.
Are home values rising or falling in Sharon Woods?
Zillow neighborhood values changed 5.0% year over year and 0.56% month over month.
What is the Neighborhood Momentum Score for Sharon Woods?
Sharon Woods has a Neighborhood Momentum Score of 86.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Sharon Woods?
The NDS-derived neighborhood median household income is approximately $156,889.
How affordable is Sharon Woods relative to household income?
The current Zillow home-value-to-household-income ratio is 7.42. Price-to-income affordability is a major Value Opportunity input.
Is Sharon Woods primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 69.4%.
What is the unemployment rate in Sharon Woods?
The NDS-derived civilian unemployment rate is approximately 2.7%.
How educated are residents of Sharon Woods?
Approximately 71.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Sharon Woods face high rent burden?
Approximately 37.4% 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 Sharon Woods?
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 applications193
Estimated originations130
Home-purchase applications78
Origination rate67.6%
Home-purchase share40.3%
Average application loan$370,826
Total application loan amount$71,386,067
National application rank#2,171 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.0% YoY; originations 5.5% 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.