What is the Best Neighborhoods USA ranking for Fern Creek?
Fern Creek is ranked #29 of 67 eligible neighborhoods in Louisville; #54 of 115 eligible neighborhoods in KY; and #7,118 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Fern Creek
Louisville, KY | Jefferson County
Scored premium profile
Best Neighborhoods USA Index
51.5
Stability and Strength
50.9
Value Opportunity
53.7
Momentum
49.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Louisville, KY |
| County | Jefferson County |
| National rank | #7,118 of 14,967 |
| State rank | #54 of 115 |
| City rank | #29 of 67 |
| County rank | #29 of 67 |
| National percentile | 52.4 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $349,811 |
| Year-over-year home value change | 0.6% |
| Month-over-month home value change | 0.01% |
| Home value to income ratio | 4.60 |
| Median household income | $76,021 |
| Bachelor's degree or higher | 29.1% |
| Civilian unemployment rate | 5.1% |
| Homeownership rate | 73.1% |
| Housing vacancy rate | 2.5% |
| Rent burden 30% or higher | 55.0% |
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 Fern Creek
Is Fern Creek one of the best neighborhoods in Louisville?
Fern Creek has a Best Neighborhoods USA Index of 51.5 and a city ranking of #29 of 67 eligible neighborhoods in Louisville.
How much are homes worth in Fern Creek?
The current Zillow Home Value Index for Fern Creek is approximately $349,811.
Are home values rising or falling in Fern Creek?
Zillow neighborhood values changed 0.6% year over year and 0.01% month over month.
What is the Neighborhood Momentum Score for Fern Creek?
Fern Creek has a Neighborhood Momentum Score of 49.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Fern Creek?
The NDS-derived neighborhood median household income is approximately $76,021.
How affordable is Fern Creek relative to household income?
The current Zillow home-value-to-household-income ratio is 4.60. Price-to-income affordability is a major Value Opportunity input.
Is Fern Creek primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 73.1%.
What is the unemployment rate in Fern Creek?
The NDS-derived civilian unemployment rate is approximately 5.1%.
How educated are residents of Fern Creek?
Approximately 29.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Fern Creek face high rent burden?
Approximately 55.0% 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 Fern Creek?
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 applications747
Estimated originations477
Home-purchase applications337
Origination rate63.9%
Home-purchase share45.2%
Average application loan$166,039
Total application loan amount$123,989,559
National application rank#296 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 3.6% YoY; originations 5.7% 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.