Neighborhood Profile

Heritage Estates Sec 2

Nashville, TN | Davidson County
Scored premium profile
Best Neighborhoods USA Index
50.1
National rank: #7,553 of 14,967
Stability and Strength
59.0
Score
Value Opportunity
62.6
Score
Momentum
18.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNashville, TN
CountyDavidson County
National rank#7,553 of 14,967
State rank#237 of 571
City rank#187 of 442
County rank#187 of 442
National percentile49.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$347,031
Year-over-year home value change-2.3%
Month-over-month home value change-0.42%
Home value to income ratio4.57
Median household income$75,885
Bachelor's degree or higher30.4%
Civilian unemployment rate1.0%
Homeownership rate62.7%
Housing vacancy rate0.0%
Rent burden 30% or higher58.0%

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 Heritage Estates Sec 2

What is the Best Neighborhoods USA ranking for Heritage Estates Sec 2?

Heritage Estates Sec 2 is ranked #187 of 442 eligible neighborhoods in Nashville; #237 of 571 eligible neighborhoods in TN; and #7,553 of 14,967 eligible neighborhoods in the United States.

Is Heritage Estates Sec 2 one of the best neighborhoods in Nashville?

Heritage Estates Sec 2 has a Best Neighborhoods USA Index of 50.1 and a city ranking of #187 of 442 eligible neighborhoods in Nashville.

How much are homes worth in Heritage Estates Sec 2?

The current Zillow Home Value Index for Heritage Estates Sec 2 is approximately $347,031.

Are home values rising or falling in Heritage Estates Sec 2?

Zillow neighborhood values changed -2.3% year over year and -0.42% month over month.

What is the Neighborhood Momentum Score for Heritage Estates Sec 2?

Heritage Estates Sec 2 has a Neighborhood Momentum Score of 18.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Heritage Estates Sec 2?

The NDS-derived neighborhood median household income is approximately $75,885.

How affordable is Heritage Estates Sec 2 relative to household income?

The current Zillow home-value-to-household-income ratio is 4.57. Price-to-income affordability is a major Value Opportunity input.

Is Heritage Estates Sec 2 primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 62.7%.

What is the unemployment rate in Heritage Estates Sec 2?

The NDS-derived civilian unemployment rate is approximately 1.0%.

How educated are residents of Heritage Estates Sec 2?

Approximately 30.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Heritage Estates Sec 2 face high rent burden?

Approximately 58.0% 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 Heritage Estates Sec 2?

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 applications3
Estimated originations2
Home-purchase applications1
Origination rate64.7%
Home-purchase share47.3%
Average application loan$301,116
Total application loan amount$787,957
National application rank#14,414 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.7% YoY; originations 3.6% 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.