Neighborhood Profile

Madison Park

Nashville, TN | Davidson County
Scored premium profile
Best Neighborhoods USA Index
28.2
National rank: #13,753 of 14,967
Stability and Strength
33.1
Score
Value Opportunity
38.2
Score
Momentum
6.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNashville, TN
CountyDavidson County
National rank#13,753 of 14,967
State rank#527 of 571
City rank#418 of 442
County rank#418 of 442
National percentile8.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$298,774
Year-over-year home value change-6.8%
Month-over-month home value change-0.39%
Home value to income ratio6.96
Median household income$42,900
Bachelor's degree or higher9.6%
Civilian unemployment rate1.8%
Homeownership rate13.3%
Housing vacancy rate0.0%
Rent burden 30% or higher66.7%

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 Madison Park

What is the Best Neighborhoods USA ranking for Madison Park?

Madison Park is ranked #418 of 442 eligible neighborhoods in Nashville; #527 of 571 eligible neighborhoods in TN; and #13,753 of 14,967 eligible neighborhoods in the United States.

Is Madison Park one of the best neighborhoods in Nashville?

Madison Park has a Best Neighborhoods USA Index of 28.2 and a city ranking of #418 of 442 eligible neighborhoods in Nashville.

How much are homes worth in Madison Park?

The current Zillow Home Value Index for Madison Park is approximately $298,774.

Are home values rising or falling in Madison Park?

Zillow neighborhood values changed -6.8% year over year and -0.39% month over month.

What is the Neighborhood Momentum Score for Madison Park?

Madison Park has a Neighborhood Momentum Score of 6.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Madison Park?

The NDS-derived neighborhood median household income is approximately $42,900.

How affordable is Madison Park relative to household income?

The current Zillow home-value-to-household-income ratio is 6.96. Price-to-income affordability is a major Value Opportunity input.

Is Madison Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 13.3%.

What is the unemployment rate in Madison Park?

The NDS-derived civilian unemployment rate is approximately 1.8%.

How educated are residents of Madison Park?

Approximately 9.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Madison Park face high rent burden?

Approximately 66.7% 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 Madison Park?

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 applications20
Estimated originations11
Home-purchase applications11
Origination rate54.9%
Home-purchase share54.1%
Average application loan$280,550
Total application loan amount$5,489,385
National application rank#10,712 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.8% YoY; originations 45.7% 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.