Neighborhood Profile

Oak Grove Community

Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
55.0
National rank: #5,735 of 14,967
Stability and Strength
68.9
Score
Value Opportunity
73.3
Score
Momentum
7.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDurham, NC
CountyDurham County
National rank#5,735 of 14,967
State rank#205 of 535
City rank#59 of 107
County rank#58 of 106
National percentile61.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$408,334
Year-over-year home value change-4.8%
Month-over-month home value change-0.66%
Home value to income ratio3.77
Median household income$108,431
Bachelor's degree or higher49.4%
Civilian unemployment rate2.9%
Homeownership rate93.8%
Housing vacancy rate1.1%
Rent burden 30% or higher75.7%

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 Oak Grove Community

What is the Best Neighborhoods USA ranking for Oak Grove Community?

Oak Grove Community is ranked #59 of 107 eligible neighborhoods in Durham; #205 of 535 eligible neighborhoods in NC; and #5,735 of 14,967 eligible neighborhoods in the United States.

Is Oak Grove Community one of the best neighborhoods in Durham?

Oak Grove Community has a Best Neighborhoods USA Index of 55.0 and a city ranking of #59 of 107 eligible neighborhoods in Durham.

How much are homes worth in Oak Grove Community?

The current Zillow Home Value Index for Oak Grove Community is approximately $408,334.

Are home values rising or falling in Oak Grove Community?

Zillow neighborhood values changed -4.8% year over year and -0.66% month over month.

What is the Neighborhood Momentum Score for Oak Grove Community?

Oak Grove Community has a Neighborhood Momentum Score of 7.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Oak Grove Community?

The NDS-derived neighborhood median household income is approximately $108,431.

How affordable is Oak Grove Community relative to household income?

The current Zillow home-value-to-household-income ratio is 3.77. Price-to-income affordability is a major Value Opportunity input.

Is Oak Grove Community primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 93.8%.

What is the unemployment rate in Oak Grove Community?

The NDS-derived civilian unemployment rate is approximately 2.9%.

How educated are residents of Oak Grove Community?

Approximately 49.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Oak Grove Community face high rent burden?

Approximately 75.7% 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 Oak Grove Community?

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 applications43
Estimated originations26
Home-purchase applications23
Origination rate60.0%
Home-purchase share53.5%
Average application loan$270,165
Total application loan amount$11,724,767
National application rank#7,802 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.3% YoY; originations 22.3% 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.