Neighborhood Profile

Springlake, University Terrace

Shreveport, LA | Caddo Parish
Scored premium profile
Best Neighborhoods USA Index
61.0
National rank: #3,713 of 14,967
Stability and Strength
52.5
Score
Value Opportunity
62.7
Score
Momentum
72.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationShreveport, LA
CountyCaddo Parish
National rank#3,713 of 14,967
State rank#17 of 147
City rank#2 of 17
County rank#2 of 17
National percentile75.2
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$253,355
Year-over-year home value change2.1%
Month-over-month home value change0.62%
Home value to income ratio3.43
Median household income$73,894
Bachelor's degree or higher46.2%
Civilian unemployment rate2.9%
Homeownership rate61.2%
Housing vacancy rate14.4%
Rent burden 30% or higher49.5%

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 Springlake, University Terrace

What is the Best Neighborhoods USA ranking for Springlake, University Terrace?

Springlake, University Terrace is ranked #2 of 17 eligible neighborhoods in Shreveport; #17 of 147 eligible neighborhoods in LA; and #3,713 of 14,967 eligible neighborhoods in the United States.

Is Springlake, University Terrace one of the best neighborhoods in Shreveport?

Springlake, University Terrace has a Best Neighborhoods USA Index of 61.0 and a city ranking of #2 of 17 eligible neighborhoods in Shreveport.

How much are homes worth in Springlake, University Terrace?

The current Zillow Home Value Index for Springlake, University Terrace is approximately $253,355.

Are home values rising or falling in Springlake, University Terrace?

Zillow neighborhood values changed 2.1% year over year and 0.62% month over month.

What is the Neighborhood Momentum Score for Springlake, University Terrace?

Springlake, University Terrace has a Neighborhood Momentum Score of 72.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Springlake, University Terrace?

The NDS-derived neighborhood median household income is approximately $73,894.

How affordable is Springlake, University Terrace relative to household income?

The current Zillow home-value-to-household-income ratio is 3.43. Price-to-income affordability is a major Value Opportunity input.

Is Springlake, University Terrace primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 61.2%.

What is the unemployment rate in Springlake, University Terrace?

The NDS-derived civilian unemployment rate is approximately 2.9%.

How educated are residents of Springlake, University Terrace?

Approximately 46.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Springlake, University Terrace face high rent burden?

Approximately 49.5% 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 Springlake, University Terrace?

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 applications582
Estimated originations356
Home-purchase applications354
Origination rate61.1%
Home-purchase share60.9%
Average application loan$192,695
Total application loan amount$112,061,751
National application rank#440 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.1% YoY; originations -2.2% 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.