What is the Best Neighborhoods USA ranking for Washington Hill?
Washington Hill is ranked #19 of 36 eligible neighborhoods in Waterbury; #119 of 153 eligible neighborhoods in CT; and #11,183 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Washington Hill
Waterbury, CT | New Haven County
Scored premium profile
Best Neighborhoods USA Index
39.4
Stability and Strength
28.9
Value Opportunity
39.0
Momentum
56.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Waterbury, CT |
| County | New Haven County |
| National rank | #11,183 of 14,967 |
| State rank | #119 of 153 |
| City rank | #19 of 36 |
| County rank | #35 of 57 |
| National percentile | 25.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $255,150 |
| Year-over-year home value change | 3.4% |
| Month-over-month home value change | -0.46% |
| Home value to income ratio | 4.89 |
| Median household income | $52,230 |
| Bachelor's degree or higher | 14.0% |
| Civilian unemployment rate | 4.5% |
| Homeownership rate | 21.9% |
| Housing vacancy rate | 11.8% |
| Rent burden 30% or higher | 44.9% |
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 Washington Hill
Is Washington Hill one of the best neighborhoods in Waterbury?
Washington Hill has a Best Neighborhoods USA Index of 39.4 and a city ranking of #19 of 36 eligible neighborhoods in Waterbury.
How much are homes worth in Washington Hill?
The current Zillow Home Value Index for Washington Hill is approximately $255,150.
Are home values rising or falling in Washington Hill?
Zillow neighborhood values changed 3.4% year over year and -0.46% month over month.
What is the Neighborhood Momentum Score for Washington Hill?
Washington Hill has a Neighborhood Momentum Score of 56.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Washington Hill?
The NDS-derived neighborhood median household income is approximately $52,230.
How affordable is Washington Hill relative to household income?
The current Zillow home-value-to-household-income ratio is 4.89. Price-to-income affordability is a major Value Opportunity input.
Is Washington Hill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 21.9%.
What is the unemployment rate in Washington Hill?
The NDS-derived civilian unemployment rate is approximately 4.5%.
How educated are residents of Washington Hill?
Approximately 14.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Washington Hill face high rent burden?
Approximately 44.9% 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 Washington Hill?
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 applications129
Estimated originations68
Home-purchase applications64
Origination rate52.2%
Home-purchase share49.6%
Average application loan$319,729
Total application loan amount$41,346,711
National application rank#3,396 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Trend not published for this geometry comparison
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.