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.