What is the Best Neighborhoods USA ranking for Bowen Park?
Bowen Park is ranked #150 of 185 eligible neighborhoods in Winston-Salem; #453 of 535 eligible neighborhoods in NC; and #12,691 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bowen Park
Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
33.7
Stability and Strength
9.8
Value Opportunity
20.0
Momentum
91.1
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 | #12,691 of 14,967 |
| State rank | #453 of 535 |
| City rank | #150 of 185 |
| County rank | #154 of 189 |
| National percentile | 15.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $108,987 |
| Year-over-year home value change | 10.0% |
| Month-over-month home value change | 0.34% |
| Home value to income ratio | 6.19 |
| Median household income | $17,596 |
| Bachelor's degree or higher | 11.1% |
| Civilian unemployment rate | 10.1% |
| Homeownership rate | 36.6% |
| Housing vacancy rate | 21.2% |
| Rent burden 30% or higher | 75.0% |
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 Bowen Park
Is Bowen Park one of the best neighborhoods in Winston-Salem?
Bowen Park has a Best Neighborhoods USA Index of 33.7 and a city ranking of #150 of 185 eligible neighborhoods in Winston-Salem.
How much are homes worth in Bowen Park?
The current Zillow Home Value Index for Bowen Park is approximately $108,987.
Are home values rising or falling in Bowen Park?
Zillow neighborhood values changed 10.0% year over year and 0.34% month over month.
What is the Neighborhood Momentum Score for Bowen Park?
Bowen Park has a Neighborhood Momentum Score of 91.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bowen Park?
The NDS-derived neighborhood median household income is approximately $17,596.
How affordable is Bowen Park relative to household income?
The current Zillow home-value-to-household-income ratio is 6.19. Price-to-income affordability is a major Value Opportunity input.
Is Bowen Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 36.6%.
What is the unemployment rate in Bowen Park?
The NDS-derived civilian unemployment rate is approximately 10.1%.
How educated are residents of Bowen Park?
Approximately 11.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bowen Park face high rent burden?
Approximately 75.0% 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 Bowen 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
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 applications8
Estimated originations4
Home-purchase applications4
Origination rate49.4%
Home-purchase share44.0%
Average application loan$98,572
Total application loan amount$796,470
National application rank#12,959 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 31.3% YoY; originations 37.1% 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.