What is the Best Neighborhoods USA ranking for Inverness Drive?
Inverness Drive is ranked #11 of 107 eligible neighborhoods in Durham; #36 of 535 eligible neighborhoods in NC; and #817 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Inverness Drive
Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
73.5
Stability and Strength
85.4
Value Opportunity
77.3
Momentum
49.0
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 | #817 of 14,967 |
| State rank | #36 of 535 |
| City rank | #11 of 107 |
| County rank | #10 of 106 |
| National percentile | 94.6 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $555,486 |
| Year-over-year home value change | 0.9% |
| Month-over-month home value change | -0.07% |
| Home value to income ratio | 4.18 |
| Median household income | $133,025 |
| Bachelor's degree or higher | 47.9% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 89.8% |
| Housing vacancy rate | 0.5% |
| Rent burden 30% or higher | 24.7% |
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 Inverness Drive
Is Inverness Drive one of the best neighborhoods in Durham?
Inverness Drive has a Best Neighborhoods USA Index of 73.5 and a city ranking of #11 of 107 eligible neighborhoods in Durham.
How much are homes worth in Inverness Drive?
The current Zillow Home Value Index for Inverness Drive is approximately $555,486.
Are home values rising or falling in Inverness Drive?
Zillow neighborhood values changed 0.9% year over year and -0.07% month over month.
What is the Neighborhood Momentum Score for Inverness Drive?
Inverness Drive has a Neighborhood Momentum Score of 49.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Inverness Drive?
The NDS-derived neighborhood median household income is approximately $133,025.
How affordable is Inverness Drive relative to household income?
The current Zillow home-value-to-household-income ratio is 4.18. Price-to-income affordability is a major Value Opportunity input.
Is Inverness Drive primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 89.8%.
What is the unemployment rate in Inverness Drive?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Inverness Drive?
Approximately 47.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Inverness Drive face high rent burden?
Approximately 24.7% 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 Inverness Drive?
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 applications6
Estimated originations4
Home-purchase applications3
Origination rate69.2%
Home-purchase share49.2%
Average application loan$301,230
Total application loan amount$1,776,785
National application rank#13,505 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.9% YoY; originations 14.1% 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.