What is the Best Neighborhoods USA ranking for Luna Heights?
Luna Heights is ranked #374 of 442 eligible neighborhoods in Nashville; #463 of 571 eligible neighborhoods in TN; and #12,431 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Luna Heights
Nashville, TN | Davidson County
Scored premium profile
Best Neighborhoods USA Index
34.9
Stability and Strength
36.1
Value Opportunity
43.8
Momentum
20.3
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 | #12,431 of 14,967 |
| State rank | #463 of 571 |
| City rank | #374 of 442 |
| County rank | #374 of 442 |
| National percentile | 16.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $318,326 |
| Year-over-year home value change | -5.6% |
| Month-over-month home value change | 0.11% |
| Home value to income ratio | 4.92 |
| Median household income | $64,669 |
| Bachelor's degree or higher | 23.9% |
| Civilian unemployment rate | 9.3% |
| Homeownership rate | 26.9% |
| Housing vacancy rate | 2.7% |
| Rent burden 30% or higher | 31.8% |
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 Luna Heights
Is Luna Heights one of the best neighborhoods in Nashville?
Luna Heights has a Best Neighborhoods USA Index of 34.9 and a city ranking of #374 of 442 eligible neighborhoods in Nashville.
How much are homes worth in Luna Heights?
The current Zillow Home Value Index for Luna Heights is approximately $318,326.
Are home values rising or falling in Luna Heights?
Zillow neighborhood values changed -5.6% year over year and 0.11% month over month.
What is the Neighborhood Momentum Score for Luna Heights?
Luna Heights has a Neighborhood Momentum Score of 20.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Luna Heights?
The NDS-derived neighborhood median household income is approximately $64,669.
How affordable is Luna Heights relative to household income?
The current Zillow home-value-to-household-income ratio is 4.92. Price-to-income affordability is a major Value Opportunity input.
Is Luna Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 26.9%.
What is the unemployment rate in Luna Heights?
The NDS-derived civilian unemployment rate is approximately 9.3%.
How educated are residents of Luna Heights?
Approximately 23.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Luna Heights face high rent burden?
Approximately 31.8% 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 Luna Heights?
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 applications3
Estimated originations2
Home-purchase applications1
Origination rate52.1%
Home-purchase share41.1%
Average application loan$217,329
Total application loan amount$685,163
National application rank#14,259 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.0% YoY; originations 15.2% 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.