Neighborhood Profile

Villa Heights

Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
40.4
National rank: #10,901 of 14,967
Stability and Strength
45.9
Score
Value Opportunity
29.4
Score
Momentum
47.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharlotte, NC
CountyMecklenburg County
National rank#10,901 of 14,967
State rank#375 of 535
City rank#103 of 163
County rank#103 of 163
National percentile27.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$708,704
Year-over-year home value change0.0%
Month-over-month home value change0.08%
Home value to income ratio11.08
Median household income$63,944
Bachelor's degree or higher58.1%
Civilian unemployment rate13.2%
Homeownership rate56.3%
Housing vacancy rate7.9%
Rent burden 30% or higher19.2%

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 Villa Heights

What is the Best Neighborhoods USA ranking for Villa Heights?

Villa Heights is ranked #103 of 163 eligible neighborhoods in Charlotte; #375 of 535 eligible neighborhoods in NC; and #10,901 of 14,967 eligible neighborhoods in the United States.

Is Villa Heights one of the best neighborhoods in Charlotte?

Villa Heights has a Best Neighborhoods USA Index of 40.4 and a city ranking of #103 of 163 eligible neighborhoods in Charlotte.

How much are homes worth in Villa Heights?

The current Zillow Home Value Index for Villa Heights is approximately $708,704.

Are home values rising or falling in Villa Heights?

Zillow neighborhood values changed 0.0% year over year and 0.08% month over month.

What is the Neighborhood Momentum Score for Villa Heights?

Villa Heights has a Neighborhood Momentum Score of 47.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Villa Heights?

The NDS-derived neighborhood median household income is approximately $63,944.

How affordable is Villa Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 11.08. Price-to-income affordability is a major Value Opportunity input.

Is Villa Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 56.3%.

What is the unemployment rate in Villa Heights?

The NDS-derived civilian unemployment rate is approximately 13.2%.

How educated are residents of Villa Heights?

Approximately 58.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Villa Heights face high rent burden?

Approximately 19.2% 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 Villa Heights?

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 applications105
Estimated originations79
Home-purchase applications50
Origination rate75.5%
Home-purchase share47.2%
Average application loan$471,395
Total application loan amount$49,515,910
National application rank#4,161 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -13.1% YoY; originations -8.0% 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.