What is the Best Neighborhoods USA ranking for Holly Grove?
Holly Grove is ranked #62 of 69 eligible neighborhoods in New Orleans; #129 of 147 eligible neighborhoods in LA; and #14,335 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Holly Grove
New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
23.8
Stability and Strength
13.9
Value Opportunity
15.5
Momentum
51.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New Orleans, LA |
| County | Orleans Parish |
| National rank | #14,335 of 14,967 |
| State rank | #129 of 147 |
| City rank | #62 of 69 |
| County rank | #62 of 69 |
| National percentile | 4.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $151,001 |
| Year-over-year home value change | 3.0% |
| Month-over-month home value change | -1.43% |
| Home value to income ratio | 8.51 |
| Median household income | $17,747 |
| Bachelor's degree or higher | 17.5% |
| Civilian unemployment rate | 10.3% |
| Homeownership rate | 38.6% |
| Housing vacancy rate | 16.8% |
| Rent burden 30% or higher | 64.7% |
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 Holly Grove
Is Holly Grove one of the best neighborhoods in New Orleans?
Holly Grove has a Best Neighborhoods USA Index of 23.8 and a city ranking of #62 of 69 eligible neighborhoods in New Orleans.
How much are homes worth in Holly Grove?
The current Zillow Home Value Index for Holly Grove is approximately $151,001.
Are home values rising or falling in Holly Grove?
Zillow neighborhood values changed 3.0% year over year and -1.43% month over month.
What is the Neighborhood Momentum Score for Holly Grove?
Holly Grove has a Neighborhood Momentum Score of 51.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Holly Grove?
The NDS-derived neighborhood median household income is approximately $17,747.
How affordable is Holly Grove relative to household income?
The current Zillow home-value-to-household-income ratio is 8.51. Price-to-income affordability is a major Value Opportunity input.
Is Holly Grove primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 38.6%.
What is the unemployment rate in Holly Grove?
The NDS-derived civilian unemployment rate is approximately 10.3%.
How educated are residents of Holly Grove?
Approximately 17.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Holly Grove face high rent burden?
Approximately 64.7% 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 Holly Grove?
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
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 applications121
Estimated originations60
Home-purchase applications51
Origination rate49.2%
Home-purchase share41.8%
Average application loan$197,879
Total application loan amount$24,028,047
National application rank#3,601 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.9% YoY; originations 15.4% 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.