Neighborhood Profile

Tar River

Greenville, NC | Pitt County
Scored premium profile
Best Neighborhoods USA Index
39.1
National rank: #11,272 of 14,967
Stability and Strength
31.4
Score
Value Opportunity
31.3
Score
Momentum
62.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGreenville, NC
CountyPitt County
National rank#11,272 of 14,967
State rank#390 of 535
City rank#14 of 14
County rank#14 of 14
National percentile24.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$253,845
Year-over-year home value change4.3%
Month-over-month home value change-0.39%
Home value to income ratio8.98
Median household income$28,267
Bachelor's degree or higher44.9%
Civilian unemployment rate3.5%
Homeownership rate5.2%
Housing vacancy rate8.7%
Rent burden 30% or higher68.5%

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 Tar River

What is the Best Neighborhoods USA ranking for Tar River?

Tar River is ranked #14 of 14 eligible neighborhoods in Greenville; #390 of 535 eligible neighborhoods in NC; and #11,272 of 14,967 eligible neighborhoods in the United States.

Is Tar River one of the best neighborhoods in Greenville?

Tar River has a Best Neighborhoods USA Index of 39.1 and a city ranking of #14 of 14 eligible neighborhoods in Greenville.

How much are homes worth in Tar River?

The current Zillow Home Value Index for Tar River is approximately $253,845.

Are home values rising or falling in Tar River?

Zillow neighborhood values changed 4.3% year over year and -0.39% month over month.

What is the Neighborhood Momentum Score for Tar River?

Tar River has a Neighborhood Momentum Score of 62.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tar River?

The NDS-derived neighborhood median household income is approximately $28,267.

How affordable is Tar River relative to household income?

The current Zillow home-value-to-household-income ratio is 8.98. Price-to-income affordability is a major Value Opportunity input.

Is Tar River primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 5.2%.

What is the unemployment rate in Tar River?

The NDS-derived civilian unemployment rate is approximately 3.5%.

How educated are residents of Tar River?

Approximately 44.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tar River face high rent burden?

Approximately 68.5% 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 Tar River?

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 applications26
Estimated originations20
Home-purchase applications16
Origination rate74.8%
Home-purchase share60.3%
Average application loan$180,577
Total application loan amount$4,767,548
National application rank#9,730 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 4.4% YoY; originations 8.8% 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.