Neighborhood Profile

Eastland-Wilora Lake

Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
37.0
National rank: #11,863 of 14,967
Stability and Strength
29.4
Score
Value Opportunity
34.8
Score
Momentum
52.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharlotte, NC
CountyMecklenburg County
National rank#11,863 of 14,967
State rank#417 of 535
City rank#118 of 163
County rank#118 of 163
National percentile20.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$336,528
Year-over-year home value change1.0%
Month-over-month home value change0.03%
Home value to income ratio6.31
Median household income$53,351
Bachelor's degree or higher21.7%
Civilian unemployment rate4.3%
Homeownership rate36.5%
Housing vacancy rate10.3%
Rent burden 30% or higher69.7%

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 Eastland-Wilora Lake

What is the Best Neighborhoods USA ranking for Eastland-Wilora Lake?

Eastland-Wilora Lake is ranked #118 of 163 eligible neighborhoods in Charlotte; #417 of 535 eligible neighborhoods in NC; and #11,863 of 14,967 eligible neighborhoods in the United States.

Is Eastland-Wilora Lake one of the best neighborhoods in Charlotte?

Eastland-Wilora Lake has a Best Neighborhoods USA Index of 37.0 and a city ranking of #118 of 163 eligible neighborhoods in Charlotte.

How much are homes worth in Eastland-Wilora Lake?

The current Zillow Home Value Index for Eastland-Wilora Lake is approximately $336,528.

Are home values rising or falling in Eastland-Wilora Lake?

Zillow neighborhood values changed 1.0% year over year and 0.03% month over month.

What is the Neighborhood Momentum Score for Eastland-Wilora Lake?

Eastland-Wilora Lake has a Neighborhood Momentum Score of 52.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Eastland-Wilora Lake?

The NDS-derived neighborhood median household income is approximately $53,351.

How affordable is Eastland-Wilora Lake relative to household income?

The current Zillow home-value-to-household-income ratio is 6.31. Price-to-income affordability is a major Value Opportunity input.

Is Eastland-Wilora Lake primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 36.5%.

What is the unemployment rate in Eastland-Wilora Lake?

The NDS-derived civilian unemployment rate is approximately 4.3%.

How educated are residents of Eastland-Wilora Lake?

Approximately 21.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Eastland-Wilora Lake face high rent burden?

Approximately 69.7% 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 Eastland-Wilora Lake?

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 applications248
Estimated originations147
Home-purchase applications144
Origination rate59.5%
Home-purchase share58.1%
Average application loan$1,792,171
Total application loan amount$443,809,295
National application rank#1,571 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 44.4% YoY; originations 54.6% 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.