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.