What is the Best Neighborhoods USA ranking for Devon Highlands?
Devon Highlands is ranked #229 of 442 eligible neighborhoods in Nashville; #284 of 571 eligible neighborhoods in TN; and #8,905 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Devon Highlands
Nashville, TN | Davidson County
Scored premium profile
Best Neighborhoods USA Index
46.5
Stability and Strength
59.4
Value Opportunity
52.4
Momentum
17.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Nashville, TN |
| County | Davidson County |
| National rank | #8,905 of 14,967 |
| State rank | #284 of 571 |
| City rank | #229 of 442 |
| County rank | #229 of 442 |
| National percentile | 40.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $699,071 |
| Year-over-year home value change | -3.1% |
| Month-over-month home value change | -0.23% |
| Home value to income ratio | 9.81 |
| Median household income | $71,281 |
| Bachelor's degree or higher | 74.4% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 31.5% |
| Housing vacancy rate | 0.7% |
| Rent burden 30% or higher | 94.3% |
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 Devon Highlands
Is Devon Highlands one of the best neighborhoods in Nashville?
Devon Highlands has a Best Neighborhoods USA Index of 46.5 and a city ranking of #229 of 442 eligible neighborhoods in Nashville.
How much are homes worth in Devon Highlands?
The current Zillow Home Value Index for Devon Highlands is approximately $699,071.
Are home values rising or falling in Devon Highlands?
Zillow neighborhood values changed -3.1% year over year and -0.23% month over month.
What is the Neighborhood Momentum Score for Devon Highlands?
Devon Highlands has a Neighborhood Momentum Score of 17.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Devon Highlands?
The NDS-derived neighborhood median household income is approximately $71,281.
How affordable is Devon Highlands relative to household income?
The current Zillow home-value-to-household-income ratio is 9.81. Price-to-income affordability is a major Value Opportunity input.
Is Devon Highlands primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 31.5%.
What is the unemployment rate in Devon Highlands?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Devon Highlands?
Approximately 74.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Devon Highlands face high rent burden?
Approximately 94.3% 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 Devon Highlands?
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 applications1
Estimated originations0
Home-purchase applications0
Origination rate64.2%
Home-purchase share56.2%
Average application loan$328,796
Total application loan amount$215,936
National application rank#14,831 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.2% YoY; originations 17.3% 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.