What is the Best Neighborhoods USA ranking for Wellons Village?
Wellons Village is ranked #104 of 107 eligible neighborhoods in Durham; #526 of 535 eligible neighborhoods in NC; and #14,762 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Wellons Village
Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
18.1
Stability and Strength
24.1
Value Opportunity
20.4
Momentum
5.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Durham, NC |
| County | Durham County |
| National rank | #14,762 of 14,967 |
| State rank | #526 of 535 |
| City rank | #104 of 107 |
| County rank | #103 of 106 |
| National percentile | 1.4 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $256,937 |
| Year-over-year home value change | -4.9% |
| Month-over-month home value change | -1.36% |
| Home value to income ratio | 9.09 |
| Median household income | $28,275 |
| Bachelor's degree or higher | 20.3% |
| Civilian unemployment rate | 4.8% |
| Homeownership rate | 30.7% |
| Housing vacancy rate | 20.8% |
| Rent burden 30% or higher | 49.0% |
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 Wellons Village
Is Wellons Village one of the best neighborhoods in Durham?
Wellons Village has a Best Neighborhoods USA Index of 18.1 and a city ranking of #104 of 107 eligible neighborhoods in Durham.
How much are homes worth in Wellons Village?
The current Zillow Home Value Index for Wellons Village is approximately $256,937.
Are home values rising or falling in Wellons Village?
Zillow neighborhood values changed -4.9% year over year and -1.36% month over month.
What is the Neighborhood Momentum Score for Wellons Village?
Wellons Village has a Neighborhood Momentum Score of 5.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Wellons Village?
The NDS-derived neighborhood median household income is approximately $28,275.
How affordable is Wellons Village relative to household income?
The current Zillow home-value-to-household-income ratio is 9.09. Price-to-income affordability is a major Value Opportunity input.
Is Wellons Village primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 30.7%.
What is the unemployment rate in Wellons Village?
The NDS-derived civilian unemployment rate is approximately 4.8%.
How educated are residents of Wellons Village?
Approximately 20.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Wellons Village face high rent burden?
Approximately 49.0% 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 Wellons Village?
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 applications12
Estimated originations7
Home-purchase applications6
Origination rate57.1%
Home-purchase share50.0%
Average application loan$222,143
Total application loan amount$2,667,749
National application rank#12,091 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -19.0% YoY; originations -20.0% 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.