What is the Best Neighborhoods USA ranking for Hill Street?
Hill Street is ranked #24 of 36 eligible neighborhoods in Waterbury; #124 of 153 eligible neighborhoods in CT; and #11,850 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Hill Street
Waterbury, CT | New Haven County
Scored premium profile
Best Neighborhoods USA Index
37.1
Stability and Strength
27.5
Value Opportunity
30.2
Momentum
62.1
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 | #11,850 of 14,967 |
| State rank | #124 of 153 |
| City rank | #24 of 36 |
| County rank | #40 of 57 |
| National percentile | 20.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $289,708 |
| Year-over-year home value change | 1.2% |
| Month-over-month home value change | 0.33% |
| Home value to income ratio | 5.77 |
| Median household income | $50,203 |
| Bachelor's degree or higher | 10.5% |
| Civilian unemployment rate | 12.6% |
| Homeownership rate | 60.5% |
| Housing vacancy rate | 4.9% |
| Rent burden 30% or higher | 52.5% |
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 Hill Street
Is Hill Street one of the best neighborhoods in Waterbury?
Hill Street has a Best Neighborhoods USA Index of 37.1 and a city ranking of #24 of 36 eligible neighborhoods in Waterbury.
How much are homes worth in Hill Street?
The current Zillow Home Value Index for Hill Street is approximately $289,708.
Are home values rising or falling in Hill Street?
Zillow neighborhood values changed 1.2% year over year and 0.33% month over month.
What is the Neighborhood Momentum Score for Hill Street?
Hill Street has a Neighborhood Momentum Score of 62.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Hill Street?
The NDS-derived neighborhood median household income is approximately $50,203.
How affordable is Hill Street relative to household income?
The current Zillow home-value-to-household-income ratio is 5.77. Price-to-income affordability is a major Value Opportunity input.
Is Hill Street primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 60.5%.
What is the unemployment rate in Hill Street?
The NDS-derived civilian unemployment rate is approximately 12.6%.
How educated are residents of Hill Street?
Approximately 10.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Hill Street face high rent burden?
Approximately 52.5% 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 Hill Street?
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 applications45
Estimated originations23
Home-purchase applications21
Origination rate50.8%
Home-purchase share46.1%
Average application loan$375,678
Total application loan amount$16,749,250
National application rank#7,703 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.