What is the Best Neighborhoods USA ranking for Smallwood?
Smallwood is ranked #74 of 163 eligible neighborhoods in Charlotte; #271 of 535 eligible neighborhoods in NC; and #7,875 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Smallwood
Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
49.3
Stability and Strength
61.4
Value Opportunity
55.9
Momentum
20.7
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 | #7,875 of 14,967 |
| State rank | #271 of 535 |
| City rank | #74 of 163 |
| County rank | #74 of 163 |
| National percentile | 47.4 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $452,217 |
| Year-over-year home value change | -3.5% |
| Month-over-month home value change | -0.06% |
| Home value to income ratio | 5.08 |
| Median household income | $89,004 |
| Bachelor's degree or higher | 36.0% |
| Civilian unemployment rate | 3.3% |
| Homeownership rate | 64.8% |
| Housing vacancy rate | 5.0% |
| Rent burden 30% or higher | 24.6% |
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 Smallwood
Is Smallwood one of the best neighborhoods in Charlotte?
Smallwood has a Best Neighborhoods USA Index of 49.3 and a city ranking of #74 of 163 eligible neighborhoods in Charlotte.
How much are homes worth in Smallwood?
The current Zillow Home Value Index for Smallwood is approximately $452,217.
Are home values rising or falling in Smallwood?
Zillow neighborhood values changed -3.5% year over year and -0.06% month over month.
What is the Neighborhood Momentum Score for Smallwood?
Smallwood has a Neighborhood Momentum Score of 20.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Smallwood?
The NDS-derived neighborhood median household income is approximately $89,004.
How affordable is Smallwood relative to household income?
The current Zillow home-value-to-household-income ratio is 5.08. Price-to-income affordability is a major Value Opportunity input.
Is Smallwood primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 64.8%.
What is the unemployment rate in Smallwood?
The NDS-derived civilian unemployment rate is approximately 3.3%.
How educated are residents of Smallwood?
Approximately 36.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Smallwood face high rent burden?
Approximately 24.6% 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 Smallwood?
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 applications78
Estimated originations43
Home-purchase applications36
Origination rate55.5%
Home-purchase share46.2%
Average application loan$307,349
Total application loan amount$23,961,677
National application rank#5,336 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.7% YoY; originations 12.2% 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.