Neighborhood Profile

Texas Street

Texas
Texas
Mobile, AL | Mobile County
Scored premium profile
Best Neighborhoods USA Index
31.8
National rank: #13,159 of 14,967
Stability and Strength
34.9
Score
Value Opportunity
47.5
Score
Momentum
4.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMobile, AL
CountyMobile County
National rank#13,159 of 14,967
State rank#212 of 258
City rank#96 of 108
County rank#133 of 148
National percentile12.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$149,400
Year-over-year home value change-5.0%
Month-over-month home value change-2.11%
Home value to income ratio4.26
Median household income$35,035
Bachelor's degree or higher21.8%
Civilian unemployment rate2.3%
Homeownership rate41.8%
Housing vacancy rate8.3%
Rent burden 30% or higher55.7%

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 Texas Street

What is the Best Neighborhoods USA ranking for Texas Street?

Texas Street is ranked #96 of 108 eligible neighborhoods in Mobile; #212 of 258 eligible neighborhoods in AL; and #13,159 of 14,967 eligible neighborhoods in the United States.

Is Texas Street one of the best neighborhoods in Mobile?

Texas Street has a Best Neighborhoods USA Index of 31.8 and a city ranking of #96 of 108 eligible neighborhoods in Mobile.

How much are homes worth in Texas Street?

The current Zillow Home Value Index for Texas Street is approximately $149,400.

Are home values rising or falling in Texas Street?

Zillow neighborhood values changed -5.0% year over year and -2.11% month over month.

What is the Neighborhood Momentum Score for Texas Street?

Texas Street has a Neighborhood Momentum Score of 4.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Texas Street?

The NDS-derived neighborhood median household income is approximately $35,035.

How affordable is Texas Street relative to household income?

The current Zillow home-value-to-household-income ratio is 4.26. Price-to-income affordability is a major Value Opportunity input.

Is Texas Street primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 41.8%.

What is the unemployment rate in Texas Street?

The NDS-derived civilian unemployment rate is approximately 2.3%.

How educated are residents of Texas Street?

Approximately 21.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Texas Street face high rent burden?

Approximately 55.7% 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 Texas Street?

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 applications38
Estimated originations11
Home-purchase applications5
Origination rate29.2%
Home-purchase share13.4%
Average application loan$189,094
Total application loan amount$7,232,060
National application rank#8,308 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 71.3% YoY; originations 36.5% 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.