Neighborhood Profile

Ridgeview

Hickory, NC | Catawba County
Scored premium profile
Best Neighborhoods USA Index
25.0
National rank: #14,198 of 14,967
Stability and Strength
20.9
Score
Value Opportunity
36.6
Score
Momentum
15.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationHickory, NC
CountyCatawba County
National rank#14,198 of 14,967
State rank#511 of 535
City rank#9 of 9
County rank#9 of 9
National percentile5.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$155,391
Year-over-year home value change-2.3%
Month-over-month home value change-0.98%
Home value to income ratio3.97
Median household income$39,106
Bachelor's degree or higher11.9%
Civilian unemployment rate7.9%
Homeownership rate33.0%
Housing vacancy rate21.6%
Rent burden 30% or higher36.8%

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 Ridgeview

What is the Best Neighborhoods USA ranking for Ridgeview?

Ridgeview is ranked #9 of 9 eligible neighborhoods in Hickory; #511 of 535 eligible neighborhoods in NC; and #14,198 of 14,967 eligible neighborhoods in the United States.

Is Ridgeview one of the best neighborhoods in Hickory?

Ridgeview has a Best Neighborhoods USA Index of 25.0 and a city ranking of #9 of 9 eligible neighborhoods in Hickory.

How much are homes worth in Ridgeview?

The current Zillow Home Value Index for Ridgeview is approximately $155,391.

Are home values rising or falling in Ridgeview?

Zillow neighborhood values changed -2.3% year over year and -0.98% month over month.

What is the Neighborhood Momentum Score for Ridgeview?

Ridgeview has a Neighborhood Momentum Score of 15.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Ridgeview?

The NDS-derived neighborhood median household income is approximately $39,106.

How affordable is Ridgeview relative to household income?

The current Zillow home-value-to-household-income ratio is 3.97. Price-to-income affordability is a major Value Opportunity input.

Is Ridgeview primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 33.0%.

What is the unemployment rate in Ridgeview?

The NDS-derived civilian unemployment rate is approximately 7.9%.

How educated are residents of Ridgeview?

Approximately 11.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Ridgeview face high rent burden?

Approximately 36.8% 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 Ridgeview?

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 applications31
Estimated originations18
Home-purchase applications16
Origination rate60.0%
Home-purchase share51.4%
Average application loan$158,359
Total application loan amount$4,870,027
National application rank#9,130 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.7% YoY; originations 25.4% 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.