Neighborhood Profile

Noel Watkins Grove

Nashville, TN | Davidson County
Scored premium profile
Best Neighborhoods USA Index
58.7
National rank: #4,450 of 14,967
Stability and Strength
74.9
Score
Value Opportunity
51.9
Score
Momentum
42.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNashville, TN
CountyDavidson County
National rank#4,450 of 14,967
State rank#134 of 571
City rank#103 of 442
County rank#103 of 442
National percentile70.3
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,663,761
Year-over-year home value change0.1%
Month-over-month home value change-0.11%
Home value to income ratio13.32
Median household income$124,911
Bachelor's degree or higher90.5%
Civilian unemployment rate1.3%
Homeownership rate53.7%
Housing vacancy rate10.2%
Rent burden 30% or higher41.4%

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 Noel Watkins Grove

What is the Best Neighborhoods USA ranking for Noel Watkins Grove?

Noel Watkins Grove is ranked #103 of 442 eligible neighborhoods in Nashville; #134 of 571 eligible neighborhoods in TN; and #4,450 of 14,967 eligible neighborhoods in the United States.

Is Noel Watkins Grove one of the best neighborhoods in Nashville?

Noel Watkins Grove has a Best Neighborhoods USA Index of 58.7 and a city ranking of #103 of 442 eligible neighborhoods in Nashville.

How much are homes worth in Noel Watkins Grove?

The current Zillow Home Value Index for Noel Watkins Grove is approximately $1,663,761.

Are home values rising or falling in Noel Watkins Grove?

Zillow neighborhood values changed 0.1% year over year and -0.11% month over month.

What is the Neighborhood Momentum Score for Noel Watkins Grove?

Noel Watkins Grove has a Neighborhood Momentum Score of 42.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Noel Watkins Grove?

The NDS-derived neighborhood median household income is approximately $124,911.

How affordable is Noel Watkins Grove relative to household income?

The current Zillow home-value-to-household-income ratio is 13.32. Price-to-income affordability is a major Value Opportunity input.

Is Noel Watkins Grove primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 53.7%.

What is the unemployment rate in Noel Watkins Grove?

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

How educated are residents of Noel Watkins Grove?

Approximately 90.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Noel Watkins Grove face high rent burden?

Approximately 41.4% 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 Noel Watkins Grove?

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 applications34
Estimated originations23
Home-purchase applications21
Origination rate68.4%
Home-purchase share61.2%
Average application loan$658,725
Total application loan amount$22,490,516
National application rank#8,746 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -13.7% YoY; originations -15.7% 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.