Neighborhood Profile

Woodtick Road

Waterbury, CT | New Haven County
Scored premium profile
Best Neighborhoods USA Index
45.4
National rank: #9,280 of 14,967
Stability and Strength
32.4
Score
Value Opportunity
36.8
Score
Momentum
78.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWaterbury, CT
CountyNew Haven County
National rank#9,280 of 14,967
State rank#100 of 153
City rank#14 of 36
County rank#24 of 57
National percentile38.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$321,433
Year-over-year home value change4.1%
Month-over-month home value change0.28%
Home value to income ratio6.20
Median household income$51,855
Bachelor's degree or higher16.1%
Civilian unemployment rate3.4%
Homeownership rate49.3%
Housing vacancy rate7.2%
Rent burden 30% or higher85.6%

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 Woodtick Road

What is the Best Neighborhoods USA ranking for Woodtick Road?

Woodtick Road is ranked #14 of 36 eligible neighborhoods in Waterbury; #100 of 153 eligible neighborhoods in CT; and #9,280 of 14,967 eligible neighborhoods in the United States.

Is Woodtick Road one of the best neighborhoods in Waterbury?

Woodtick Road has a Best Neighborhoods USA Index of 45.4 and a city ranking of #14 of 36 eligible neighborhoods in Waterbury.

How much are homes worth in Woodtick Road?

The current Zillow Home Value Index for Woodtick Road is approximately $321,433.

Are home values rising or falling in Woodtick Road?

Zillow neighborhood values changed 4.1% year over year and 0.28% month over month.

What is the Neighborhood Momentum Score for Woodtick Road?

Woodtick Road has a Neighborhood Momentum Score of 78.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Woodtick Road?

The NDS-derived neighborhood median household income is approximately $51,855.

How affordable is Woodtick Road relative to household income?

The current Zillow home-value-to-household-income ratio is 6.20. Price-to-income affordability is a major Value Opportunity input.

Is Woodtick Road primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 49.3%.

What is the unemployment rate in Woodtick Road?

The NDS-derived civilian unemployment rate is approximately 3.4%.

How educated are residents of Woodtick Road?

Approximately 16.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Woodtick Road face high rent burden?

Approximately 85.6% 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 Woodtick Road?

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 applications74
Estimated originations39
Home-purchase applications38
Origination rate53.5%
Home-purchase share52.1%
Average application loan$214,732
Total application loan amount$15,837,718
National application rank#5,572 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.