Neighborhood Profile

Rayon City

Nashville, TN | Davidson County
Scored premium profile
Best Neighborhoods USA Index
38.9
National rank: #11,345 of 14,967
Stability and Strength
44.1
Score
Value Opportunity
43.5
Score
Momentum
24.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNashville, TN
CountyDavidson County
National rank#11,345 of 14,967
State rank#408 of 571
City rank#329 of 442
County rank#329 of 442
National percentile24.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$324,723
Year-over-year home value change-3.4%
Month-over-month home value change0.05%
Home value to income ratio5.93
Median household income$54,789
Bachelor's degree or higher32.5%
Civilian unemployment rate1.3%
Homeownership rate55.4%
Housing vacancy rate11.6%
Rent burden 30% or higher61.2%

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 Rayon City

What is the Best Neighborhoods USA ranking for Rayon City?

Rayon City is ranked #329 of 442 eligible neighborhoods in Nashville; #408 of 571 eligible neighborhoods in TN; and #11,345 of 14,967 eligible neighborhoods in the United States.

Is Rayon City one of the best neighborhoods in Nashville?

Rayon City has a Best Neighborhoods USA Index of 38.9 and a city ranking of #329 of 442 eligible neighborhoods in Nashville.

How much are homes worth in Rayon City?

The current Zillow Home Value Index for Rayon City is approximately $324,723.

Are home values rising or falling in Rayon City?

Zillow neighborhood values changed -3.4% year over year and 0.05% month over month.

What is the Neighborhood Momentum Score for Rayon City?

Rayon City has a Neighborhood Momentum Score of 24.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Rayon City?

The NDS-derived neighborhood median household income is approximately $54,789.

How affordable is Rayon City relative to household income?

The current Zillow home-value-to-household-income ratio is 5.93. Price-to-income affordability is a major Value Opportunity input.

Is Rayon City primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 55.4%.

What is the unemployment rate in Rayon City?

The NDS-derived civilian unemployment rate is approximately 1.3%.

How educated are residents of Rayon City?

Approximately 32.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Rayon City face high rent burden?

Approximately 61.2% 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 Rayon City?

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 applications202
Estimated originations124
Home-purchase applications93
Origination rate61.3%
Home-purchase share46.0%
Average application loan$239,076
Total application loan amount$48,273,688
National application rank#2,036 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.0% YoY; originations -16.9% 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.