Neighborhood Profile

Spring Hill

Norwalk, CT | Fairfield County
Scored premium profile
Best Neighborhoods USA Index
45.7
National rank: #9,148 of 14,967
Stability and Strength
53.8
Score
Value Opportunity
47.3
Score
Momentum
30.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNorwalk, CT
CountyFairfield County
National rank#9,148 of 14,967
State rank#99 of 153
City rank#10 of 11
County rank#31 of 39
National percentile38.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$558,582
Year-over-year home value change-3.9%
Month-over-month home value change0.37%
Home value to income ratio6.35
Median household income$87,992
Bachelor's degree or higher42.9%
Civilian unemployment rate5.5%
Homeownership rate51.6%
Housing vacancy rate5.1%
Rent burden 30% or higher39.5%

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 Spring Hill

What is the Best Neighborhoods USA ranking for Spring Hill?

Spring Hill is ranked #10 of 11 eligible neighborhoods in Norwalk; #99 of 153 eligible neighborhoods in CT; and #9,148 of 14,967 eligible neighborhoods in the United States.

Is Spring Hill one of the best neighborhoods in Norwalk?

Spring Hill has a Best Neighborhoods USA Index of 45.7 and a city ranking of #10 of 11 eligible neighborhoods in Norwalk.

How much are homes worth in Spring Hill?

The current Zillow Home Value Index for Spring Hill is approximately $558,582.

Are home values rising or falling in Spring Hill?

Zillow neighborhood values changed -3.9% year over year and 0.37% month over month.

What is the Neighborhood Momentum Score for Spring Hill?

Spring Hill has a Neighborhood Momentum Score of 30.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Spring Hill?

The NDS-derived neighborhood median household income is approximately $87,992.

How affordable is Spring Hill relative to household income?

The current Zillow home-value-to-household-income ratio is 6.35. Price-to-income affordability is a major Value Opportunity input.

Is Spring Hill primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.6%.

What is the unemployment rate in Spring Hill?

The NDS-derived civilian unemployment rate is approximately 5.5%.

How educated are residents of Spring Hill?

Approximately 42.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Spring Hill face high rent burden?

Approximately 39.5% 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 Spring Hill?

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 applications103
Estimated originations50
Home-purchase applications54
Origination rate48.9%
Home-purchase share52.1%
Average application loan$344,562
Total application loan amount$35,440,256
National application rank#4,248 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Trend not published for this geometry comparison
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.