Neighborhood Profile

Chevy Chase-Ashland Park

Lexington, KY | Fayette County
Scored premium profile
Best Neighborhoods USA Index
64.4
National rank: #2,632 of 14,967
Stability and Strength
62.8
Score
Value Opportunity
44.5
Score
Momentum
95.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLexington, KY
CountyFayette County
National rank#2,632 of 14,967
State rank#23 of 115
City rank#6 of 38
County rank#6 of 38
National percentile82.4
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$927,503
Year-over-year home value change7.3%
Month-over-month home value change1.13%
Home value to income ratio10.35
Median household income$89,583
Bachelor's degree or higher73.3%
Civilian unemployment rate4.6%
Homeownership rate56.6%
Housing vacancy rate7.0%
Rent burden 30% or higher39.6%

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 Chevy Chase-Ashland Park

What is the Best Neighborhoods USA ranking for Chevy Chase-Ashland Park?

Chevy Chase-Ashland Park is ranked #6 of 38 eligible neighborhoods in Lexington; #23 of 115 eligible neighborhoods in KY; and #2,632 of 14,967 eligible neighborhoods in the United States.

Is Chevy Chase-Ashland Park one of the best neighborhoods in Lexington?

Chevy Chase-Ashland Park has a Best Neighborhoods USA Index of 64.4 and a city ranking of #6 of 38 eligible neighborhoods in Lexington.

How much are homes worth in Chevy Chase-Ashland Park?

The current Zillow Home Value Index for Chevy Chase-Ashland Park is approximately $927,503.

Are home values rising or falling in Chevy Chase-Ashland Park?

Zillow neighborhood values changed 7.3% year over year and 1.13% month over month.

What is the Neighborhood Momentum Score for Chevy Chase-Ashland Park?

Chevy Chase-Ashland Park has a Neighborhood Momentum Score of 95.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Chevy Chase-Ashland Park?

The NDS-derived neighborhood median household income is approximately $89,583.

How affordable is Chevy Chase-Ashland Park relative to household income?

The current Zillow home-value-to-household-income ratio is 10.35. Price-to-income affordability is a major Value Opportunity input.

Is Chevy Chase-Ashland Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 56.6%.

What is the unemployment rate in Chevy Chase-Ashland Park?

The NDS-derived civilian unemployment rate is approximately 4.6%.

How educated are residents of Chevy Chase-Ashland Park?

Approximately 73.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Chevy Chase-Ashland Park face high rent burden?

Approximately 39.6% 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 Chevy Chase-Ashland 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 applications159
Estimated originations113
Home-purchase applications63
Origination rate71.4%
Home-purchase share39.8%
Average application loan$405,852
Total application loan amount$64,416,732
National application rank#2,764 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 20.8% YoY; originations 22.2% 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.