What is the Best Neighborhoods USA ranking for Silver Hill/Magnolia?
Silver Hill/Magnolia is ranked #23 of 23 eligible neighborhoods in Charleston; #158 of 160 eligible neighborhoods in SC; and #14,815 of 14,967 eligible neighborhoods in the United States.
Is Silver Hill/Magnolia one of the best neighborhoods in Charleston?
Silver Hill/Magnolia has a Best Neighborhoods USA Index of 16.8 and a city ranking of #23 of 23 eligible neighborhoods in Charleston.
How much are homes worth in Silver Hill/Magnolia?
The current Zillow Home Value Index for Silver Hill/Magnolia is approximately $380,643.
Are home values rising or falling in Silver Hill/Magnolia?
Zillow neighborhood values changed -19.1% year over year and -1.94% month over month.
What is the Neighborhood Momentum Score for Silver Hill/Magnolia?
Silver Hill/Magnolia has a Neighborhood Momentum Score of 0.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Silver Hill/Magnolia?
The NDS-derived neighborhood median household income is approximately $24,670.
How affordable is Silver Hill/Magnolia relative to household income?
The current Zillow home-value-to-household-income ratio is 15.43. Price-to-income affordability is a major Value Opportunity input.
Is Silver Hill/Magnolia primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 22.6%.
What is the unemployment rate in Silver Hill/Magnolia?
The NDS-derived civilian unemployment rate is approximately 7.1%.
How educated are residents of Silver Hill/Magnolia?
Approximately 49.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Silver Hill/Magnolia face high rent burden?
Approximately 58.6% 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 Silver Hill/Magnolia?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.