Neighborhood Profile

Happy Hill

Winston-Salem, NC | Forsyth County
Scored premium profile
Best Neighborhoods USA Index
29.1
National rank: #13,638 of 14,967
Stability and Strength
32.3
Score
Value Opportunity
44.9
Score
Momentum
1.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWinston-Salem, NC
CountyForsyth County
National rank#13,638 of 14,967
State rank#493 of 535
City rank#163 of 185
County rank#167 of 189
National percentile8.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$143,341
Year-over-year home value change-8.3%
Month-over-month home value change-1.56%
Home value to income ratio4.09
Median household income$35,071
Bachelor's degree or higher15.8%
Civilian unemployment rate3.3%
Homeownership rate25.8%
Housing vacancy rate9.8%
Rent burden 30% or higher27.7%

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 Happy Hill

What is the Best Neighborhoods USA ranking for Happy Hill?

Happy Hill is ranked #163 of 185 eligible neighborhoods in Winston-Salem; #493 of 535 eligible neighborhoods in NC; and #13,638 of 14,967 eligible neighborhoods in the United States.

Is Happy Hill one of the best neighborhoods in Winston-Salem?

Happy Hill has a Best Neighborhoods USA Index of 29.1 and a city ranking of #163 of 185 eligible neighborhoods in Winston-Salem.

How much are homes worth in Happy Hill?

The current Zillow Home Value Index for Happy Hill is approximately $143,341.

Are home values rising or falling in Happy Hill?

Zillow neighborhood values changed -8.3% year over year and -1.56% month over month.

What is the Neighborhood Momentum Score for Happy Hill?

Happy Hill has a Neighborhood Momentum Score of 1.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Happy Hill?

The NDS-derived neighborhood median household income is approximately $35,071.

How affordable is Happy Hill relative to household income?

The current Zillow home-value-to-household-income ratio is 4.09. Price-to-income affordability is a major Value Opportunity input.

Is Happy Hill primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 25.8%.

What is the unemployment rate in Happy Hill?

The NDS-derived civilian unemployment rate is approximately 3.3%.

How educated are residents of Happy Hill?

Approximately 15.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Happy Hill face high rent burden?

Approximately 27.7% 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 Happy Hill?

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 applications8
Estimated originations6
Home-purchase applications3
Origination rate69.8%
Home-purchase share39.7%
Average application loan$105,223
Total application loan amount$872,179
National application rank#12,919 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.6% YoY; originations 28.0% 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.