What is the Best Neighborhoods USA ranking for Central Business District?
Central Business District is ranked #11 of 11 eligible neighborhoods in Longmont; #467 of 486 eligible neighborhoods in CO; and #13,375 of 14,967 eligible neighborhoods in the United States.
Is Central Business District one of the best neighborhoods in Longmont?
Central Business District has a Best Neighborhoods USA Index of 30.7 and a city ranking of #11 of 11 eligible neighborhoods in Longmont.
How much are homes worth in Central Business District?
The current Zillow Home Value Index for Central Business District is approximately $662,236.
Are home values rising or falling in Central Business District?
Zillow neighborhood values changed -2.9% year over year and -0.20% month over month.
What is the Neighborhood Momentum Score for Central Business District?
Central Business District has a Neighborhood Momentum Score of 19.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Central Business District?
The NDS-derived neighborhood median household income is approximately $44,903.
How affordable is Central Business District relative to household income?
The current Zillow home-value-to-household-income ratio is 14.75. Price-to-income affordability is a major Value Opportunity input.
Is Central Business District primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.4%.
What is the unemployment rate in Central Business District?
The NDS-derived civilian unemployment rate is approximately 3.4%.
How educated are residents of Central Business District?
Approximately 53.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Central Business District face high rent burden?
Approximately 70.1% 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 Central Business District?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.