What is the Best Neighborhoods USA ranking for Covington Mill?
Covington Mill is ranked No published Covington rank is currently available; No published GA rank is currently available; and No published the United States rank is currently available.
Neighborhood Profile
Covington Mill
Covington, GA | Newton County
Scored premium profile
Best Neighborhoods USA Index
Not available
Stability and Strength
Not available
Value Opportunity
Not available
Momentum
18.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Covington, GA |
| County | Newton County |
| National rank | Not available |
| State rank | Not available |
| City rank | Not available |
| County rank | Not available |
| National percentile | Not available |
| National band | Not available |
Neighborhood Expert Opportunity
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $219,810 |
| Year-over-year home value change | -3.0% |
| Month-over-month home value change | -0.22% |
| Home value to income ratio | Not available |
| Median household income | Not available |
| Bachelor's degree or higher | 14.4% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 32.3% |
| Housing vacancy rate | 28.4% |
| Rent burden 30% or higher | 74.1% |
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 Covington Mill
Is Covington Mill one of the best neighborhoods in Covington?
Covington Mill has a Best Neighborhoods USA Index of Not available and a city ranking of No published Covington rank is currently available.
How much are homes worth in Covington Mill?
The current Zillow Home Value Index for Covington Mill is approximately $219,810.
Are home values rising or falling in Covington Mill?
Zillow neighborhood values changed -3.0% year over year and -0.22% month over month.
What is the Neighborhood Momentum Score for Covington Mill?
Covington Mill has a Neighborhood Momentum Score of 18.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Covington Mill?
The NDS-derived neighborhood median household income is approximately Not available.
How affordable is Covington Mill relative to household income?
The current Zillow home-value-to-household-income ratio is Not available. Price-to-income affordability is a major Value Opportunity input.
Is Covington Mill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 32.3%.
What is the unemployment rate in Covington Mill?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Covington Mill?
Approximately 14.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Covington Mill face high rent burden?
Approximately 74.1% 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 Covington Mill?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
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 applications5
Estimated originations3
Home-purchase applications2
Origination rate56.6%
Home-purchase share52.2%
Average application loan$283,035
Total application loan amount$1,349,030
National application rank#13,811 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.4% YoY; originations 17.7% 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.