What is the Best Neighborhoods USA ranking for Cedar Forest?
Cedar Forest is ranked #23 of 185 eligible neighborhoods in Winston-Salem; #51 of 535 eligible neighborhoods in NC; and #1,305 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cedar Forest
Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
70.3
Stability and Strength
69.6
Value Opportunity
78.7
Momentum
59.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Winston-Salem, NC |
| County | Forsyth County |
| National rank | #1,305 of 14,967 |
| State rank | #51 of 535 |
| City rank | #23 of 185 |
| County rank | #23 of 189 |
| National percentile | 91.3 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $276,338 |
| Year-over-year home value change | 2.8% |
| Month-over-month home value change | -0.14% |
| Home value to income ratio | 2.95 |
| Median household income | $93,833 |
| Bachelor's degree or higher | 42.8% |
| Civilian unemployment rate | 1.6% |
| Homeownership rate | 90.2% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 61.5% |
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 Cedar Forest
Is Cedar Forest one of the best neighborhoods in Winston-Salem?
Cedar Forest has a Best Neighborhoods USA Index of 70.3 and a city ranking of #23 of 185 eligible neighborhoods in Winston-Salem.
How much are homes worth in Cedar Forest?
The current Zillow Home Value Index for Cedar Forest is approximately $276,338.
Are home values rising or falling in Cedar Forest?
Zillow neighborhood values changed 2.8% year over year and -0.14% month over month.
What is the Neighborhood Momentum Score for Cedar Forest?
Cedar Forest has a Neighborhood Momentum Score of 59.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cedar Forest?
The NDS-derived neighborhood median household income is approximately $93,833.
How affordable is Cedar Forest relative to household income?
The current Zillow home-value-to-household-income ratio is 2.95. Price-to-income affordability is a major Value Opportunity input.
Is Cedar Forest primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 90.2%.
What is the unemployment rate in Cedar Forest?
The NDS-derived civilian unemployment rate is approximately 1.6%.
How educated are residents of Cedar Forest?
Approximately 42.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cedar Forest face high rent burden?
Approximately 61.5% 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 Cedar Forest?
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 applications33
Estimated originations21
Home-purchase applications14
Origination rate65.4%
Home-purchase share43.0%
Average application loan$276,572
Total application loan amount$9,086,756
National application rank#8,883 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.7% YoY; originations 7.2% 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.