What is the Best Neighborhoods USA ranking for Sweetwater?
Sweetwater is ranked No published Hilliard rank is currently available; #151 of 481 eligible neighborhoods in OH; and #5,534 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Sweetwater
Hilliard, OH | Franklin County
Scored premium profile
Best Neighborhoods USA Index
55.6
Stability and Strength
54.0
Value Opportunity
63.4
Momentum
47.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Hilliard, OH |
| County | Franklin County |
| National rank | #5,534 of 14,967 |
| State rank | #151 of 481 |
| City rank | Not available |
| County rank | #81 of 215 |
| National percentile | 63.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $343,807 |
| Year-over-year home value change | 0.3% |
| Month-over-month home value change | 0.01% |
| Home value to income ratio | 3.53 |
| Median household income | $97,385 |
| Bachelor's degree or higher | 49.1% |
| Civilian unemployment rate | 9.5% |
| Homeownership rate | 64.4% |
| Housing vacancy rate | 5.0% |
| Rent burden 30% or higher | 46.1% |
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 Sweetwater
Is Sweetwater one of the best neighborhoods in Hilliard?
Sweetwater has a Best Neighborhoods USA Index of 55.6 and a city ranking of No published Hilliard rank is currently available.
How much are homes worth in Sweetwater?
The current Zillow Home Value Index for Sweetwater is approximately $343,807.
Are home values rising or falling in Sweetwater?
Zillow neighborhood values changed 0.3% year over year and 0.01% month over month.
What is the Neighborhood Momentum Score for Sweetwater?
Sweetwater has a Neighborhood Momentum Score of 47.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Sweetwater?
The NDS-derived neighborhood median household income is approximately $97,385.
How affordable is Sweetwater relative to household income?
The current Zillow home-value-to-household-income ratio is 3.53. Price-to-income affordability is a major Value Opportunity input.
Is Sweetwater primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 64.4%.
What is the unemployment rate in Sweetwater?
The NDS-derived civilian unemployment rate is approximately 9.5%.
How educated are residents of Sweetwater?
Approximately 49.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Sweetwater face high rent burden?
Approximately 46.1% 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 Sweetwater?
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 applications339
Estimated originations206
Home-purchase applications175
Origination rate60.7%
Home-purchase share51.5%
Average application loan$251,153
Total application loan amount$85,151,520
National application rank#983 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -3.5% YoY; originations -7.0% 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.