Neighborhood Profile

South Central

Reno, NV | Washoe County
Scored premium profile
Best Neighborhoods USA Index
38.7
National rank: #11,392 of 14,967
Stability and Strength
31.4
Score
Value Opportunity
32.1
Score
Momentum
59.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationReno, NV
CountyWashoe County
National rank#11,392 of 14,967
State rank#34 of 63
City rank#8 of 9
County rank#8 of 9
National percentile23.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$521,094
Year-over-year home value change0.6%
Month-over-month home value change0.41%
Home value to income ratio7.41
Median household income$70,358
Bachelor's degree or higher29.9%
Civilian unemployment rate7.6%
Homeownership rate29.9%
Housing vacancy rate10.9%
Rent burden 30% or higher58.8%

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 South Central

What is the Best Neighborhoods USA ranking for South Central?

South Central is ranked #8 of 9 eligible neighborhoods in Reno; #34 of 63 eligible neighborhoods in NV; and #11,392 of 14,967 eligible neighborhoods in the United States.

Is South Central one of the best neighborhoods in Reno?

South Central has a Best Neighborhoods USA Index of 38.7 and a city ranking of #8 of 9 eligible neighborhoods in Reno.

How much are homes worth in South Central?

The current Zillow Home Value Index for South Central is approximately $521,094.

Are home values rising or falling in South Central?

Zillow neighborhood values changed 0.6% year over year and 0.41% month over month.

What is the Neighborhood Momentum Score for South Central?

South Central has a Neighborhood Momentum Score of 59.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in South Central?

The NDS-derived neighborhood median household income is approximately $70,358.

How affordable is South Central relative to household income?

The current Zillow home-value-to-household-income ratio is 7.41. Price-to-income affordability is a major Value Opportunity input.

Is South Central primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 29.9%.

What is the unemployment rate in South Central?

The NDS-derived civilian unemployment rate is approximately 7.6%.

How educated are residents of South Central?

Approximately 29.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in South Central face high rent burden?

Approximately 58.8% 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 South Central?

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 applications301
Estimated originations190
Home-purchase applications148
Origination rate63.1%
Home-purchase share49.2%
Average application loan$449,171
Total application loan amount$135,284,347
National application rank#1,183 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.2% YoY; originations 9.1% 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.