Neighborhood Profile

Genesis Park

Charlotte, NC | Mecklenburg County
Scored premium profile
Best Neighborhoods USA Index
34.1
National rank: #12,621 of 14,967
Stability and Strength
32.4
Score
Value Opportunity
45.5
Score
Momentum
20.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharlotte, NC
CountyMecklenburg County
National rank#12,621 of 14,967
State rank#448 of 535
City rank#136 of 163
County rank#136 of 163
National percentile15.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$266,348
Year-over-year home value change-6.2%
Month-over-month home value change0.15%
Home value to income ratio4.61
Median household income$57,805
Bachelor's degree or higher21.5%
Civilian unemployment rate8.4%
Homeownership rate40.5%
Housing vacancy rate0.3%
Rent burden 30% or higher58.9%

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 Genesis Park

What is the Best Neighborhoods USA ranking for Genesis Park?

Genesis Park is ranked #136 of 163 eligible neighborhoods in Charlotte; #448 of 535 eligible neighborhoods in NC; and #12,621 of 14,967 eligible neighborhoods in the United States.

Is Genesis Park one of the best neighborhoods in Charlotte?

Genesis Park has a Best Neighborhoods USA Index of 34.1 and a city ranking of #136 of 163 eligible neighborhoods in Charlotte.

How much are homes worth in Genesis Park?

The current Zillow Home Value Index for Genesis Park is approximately $266,348.

Are home values rising or falling in Genesis Park?

Zillow neighborhood values changed -6.2% year over year and 0.15% month over month.

What is the Neighborhood Momentum Score for Genesis Park?

Genesis Park has a Neighborhood Momentum Score of 20.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Genesis Park?

The NDS-derived neighborhood median household income is approximately $57,805.

How affordable is Genesis Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.61. Price-to-income affordability is a major Value Opportunity input.

Is Genesis Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 40.5%.

What is the unemployment rate in Genesis Park?

The NDS-derived civilian unemployment rate is approximately 8.4%.

How educated are residents of Genesis Park?

Approximately 21.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Genesis Park face high rent burden?

Approximately 58.9% 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 Genesis Park?

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 applications20
Estimated originations13
Home-purchase applications14
Origination rate64.9%
Home-purchase share71.4%
Average application loan$404,982
Total application loan amount$8,061,537
National application rank#10,665 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 73.2% YoY; originations 83.6% 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.