What is the Best Neighborhoods USA ranking for Omah Street?
Omah Street is ranked #95 of 107 eligible neighborhoods in Durham; #452 of 535 eligible neighborhoods in NC; and #12,689 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Omah Street
Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
33.7
Stability and Strength
38.0
Value Opportunity
46.0
Momentum
9.8
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 | #12,689 of 14,967 |
| State rank | #452 of 535 |
| City rank | #95 of 107 |
| County rank | #94 of 106 |
| National percentile | 15.2 |
| National band | LOWER_25_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $269,569 |
| Year-over-year home value change | -4.3% |
| Month-over-month home value change | -0.46% |
| Home value to income ratio | 4.94 |
| Median household income | $54,604 |
| Bachelor's degree or higher | 34.7% |
| Civilian unemployment rate | 2.5% |
| Homeownership rate | 39.7% |
| Housing vacancy rate | 17.3% |
| Rent burden 30% or higher | 60.6% |
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 Omah Street
Is Omah Street one of the best neighborhoods in Durham?
Omah Street has a Best Neighborhoods USA Index of 33.7 and a city ranking of #95 of 107 eligible neighborhoods in Durham.
How much are homes worth in Omah Street?
The current Zillow Home Value Index for Omah Street is approximately $269,569.
Are home values rising or falling in Omah Street?
Zillow neighborhood values changed -4.3% year over year and -0.46% month over month.
What is the Neighborhood Momentum Score for Omah Street?
Omah Street has a Neighborhood Momentum Score of 9.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Omah Street?
The NDS-derived neighborhood median household income is approximately $54,604.
How affordable is Omah Street relative to household income?
The current Zillow home-value-to-household-income ratio is 4.94. Price-to-income affordability is a major Value Opportunity input.
Is Omah Street primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 39.7%.
What is the unemployment rate in Omah Street?
The NDS-derived civilian unemployment rate is approximately 2.5%.
How educated are residents of Omah Street?
Approximately 34.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Omah Street face high rent burden?
Approximately 60.6% 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 Omah Street?
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 applications38
Estimated originations25
Home-purchase applications18
Origination rate65.2%
Home-purchase share46.8%
Average application loan$200,384
Total application loan amount$7,605,356
National application rank#8,341 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -8.3% YoY; originations -5.1% 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.