Neighborhood Profile

Carillon Forest

Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
65.5
National rank: #2,373 of 14,967
Stability and Strength
82.4
Score
Value Opportunity
71.3
Score
Momentum
30.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDurham, NC
CountyDurham County
National rank#2,373 of 14,967
State rank#95 of 535
City rank#26 of 107
County rank#25 of 106
National percentile84.2
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$744,180
Year-over-year home value change-1.5%
Month-over-month home value change-0.11%
Home value to income ratio4.46
Median household income$167,000
Bachelor's degree or higher74.7%
Civilian unemployment rate3.4%
Homeownership rate91.3%
Housing vacancy rate8.6%
Rent burden 30% or higher8.3%

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 Carillon Forest

What is the Best Neighborhoods USA ranking for Carillon Forest?

Carillon Forest is ranked #26 of 107 eligible neighborhoods in Durham; #95 of 535 eligible neighborhoods in NC; and #2,373 of 14,967 eligible neighborhoods in the United States.

Is Carillon Forest one of the best neighborhoods in Durham?

Carillon Forest has a Best Neighborhoods USA Index of 65.5 and a city ranking of #26 of 107 eligible neighborhoods in Durham.

How much are homes worth in Carillon Forest?

The current Zillow Home Value Index for Carillon Forest is approximately $744,180.

Are home values rising or falling in Carillon Forest?

Zillow neighborhood values changed -1.5% year over year and -0.11% month over month.

What is the Neighborhood Momentum Score for Carillon Forest?

Carillon Forest has a Neighborhood Momentum Score of 30.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Carillon Forest?

The NDS-derived neighborhood median household income is approximately $167,000.

How affordable is Carillon Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 4.46. Price-to-income affordability is a major Value Opportunity input.

Is Carillon Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 91.3%.

What is the unemployment rate in Carillon Forest?

The NDS-derived civilian unemployment rate is approximately 3.4%.

How educated are residents of Carillon Forest?

Approximately 74.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Carillon Forest face high rent burden?

Approximately 8.3% 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 Carillon Forest?

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 applications3
Estimated originations2
Home-purchase applications1
Origination rate66.7%
Home-purchase share37.6%
Average application loan$282,949
Total application loan amount$916,435
National application rank#14,234 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -37.1% YoY; originations -26.4% 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.