What is the Best Neighborhoods USA ranking for Luther Road Acres?
Luther Road Acres is ranked #9 of 31 eligible neighborhoods in Bartlett; #51 of 571 eligible neighborhoods in TN; and #2,017 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Luther Road Acres
Bartlett, TN | Shelby County
Scored premium profile
Best Neighborhoods USA Index
67.0
Stability and Strength
79.9
Value Opportunity
84.2
Momentum
22.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Bartlett, TN |
| County | Shelby County |
| National rank | #2,017 of 14,967 |
| State rank | #51 of 571 |
| City rank | #9 of 31 |
| County rank | #9 of 43 |
| National percentile | 86.5 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $297,010 |
| Year-over-year home value change | -1.7% |
| Month-over-month home value change | -0.41% |
| Home value to income ratio | 2.16 |
| Median household income | $137,637 |
| Bachelor's degree or higher | 45.6% |
| Civilian unemployment rate | 0.5% |
| Homeownership rate | 93.4% |
| Housing vacancy rate | 6.7% |
| Rent burden 30% or higher | 32.7% |
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 Luther Road Acres
Is Luther Road Acres one of the best neighborhoods in Bartlett?
Luther Road Acres has a Best Neighborhoods USA Index of 67.0 and a city ranking of #9 of 31 eligible neighborhoods in Bartlett.
How much are homes worth in Luther Road Acres?
The current Zillow Home Value Index for Luther Road Acres is approximately $297,010.
Are home values rising or falling in Luther Road Acres?
Zillow neighborhood values changed -1.7% year over year and -0.41% month over month.
What is the Neighborhood Momentum Score for Luther Road Acres?
Luther Road Acres has a Neighborhood Momentum Score of 22.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Luther Road Acres?
The NDS-derived neighborhood median household income is approximately $137,637.
How affordable is Luther Road Acres relative to household income?
The current Zillow home-value-to-household-income ratio is 2.16. Price-to-income affordability is a major Value Opportunity input.
Is Luther Road Acres primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 93.4%.
What is the unemployment rate in Luther Road Acres?
The NDS-derived civilian unemployment rate is approximately 0.5%.
How educated are residents of Luther Road Acres?
Approximately 45.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Luther Road Acres face high rent burden?
Approximately 32.7% 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 Luther Road Acres?
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 applications22
Estimated originations12
Home-purchase applications7
Origination rate54.0%
Home-purchase share32.2%
Average application loan$224,102
Total application loan amount$5,010,871
National application rank#10,277 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.1% YoY; originations 8.4% 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.