What is the Best Neighborhoods USA ranking for Telegraph Hazelton?
Telegraph Hazelton is ranked #2 of 8 eligible neighborhoods in Redford; #64 of 334 eligible neighborhoods in MI; and #2,121 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Telegraph Hazelton
Redford, MI | Wayne County
Scored premium profile
Best Neighborhoods USA Index
66.5
Stability and Strength
59.0
Value Opportunity
72.4
Momentum
70.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Redford, MI |
| County | Wayne County |
| National rank | #2,121 of 14,967 |
| State rank | #64 of 334 |
| City rank | #2 of 8 |
| County rank | #18 of 123 |
| National percentile | 85.8 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $185,492 |
| Year-over-year home value change | 1.5% |
| Month-over-month home value change | 0.88% |
| Home value to income ratio | 2.35 |
| Median household income | $78,961 |
| Bachelor's degree or higher | 12.0% |
| Civilian unemployment rate | 0.7% |
| Homeownership rate | 72.2% |
| Housing vacancy rate | 0.8% |
| Rent burden 30% or higher | 42.1% |
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 Telegraph Hazelton
Is Telegraph Hazelton one of the best neighborhoods in Redford?
Telegraph Hazelton has a Best Neighborhoods USA Index of 66.5 and a city ranking of #2 of 8 eligible neighborhoods in Redford.
How much are homes worth in Telegraph Hazelton?
The current Zillow Home Value Index for Telegraph Hazelton is approximately $185,492.
Are home values rising or falling in Telegraph Hazelton?
Zillow neighborhood values changed 1.5% year over year and 0.88% month over month.
What is the Neighborhood Momentum Score for Telegraph Hazelton?
Telegraph Hazelton has a Neighborhood Momentum Score of 70.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Telegraph Hazelton?
The NDS-derived neighborhood median household income is approximately $78,961.
How affordable is Telegraph Hazelton relative to household income?
The current Zillow home-value-to-household-income ratio is 2.35. Price-to-income affordability is a major Value Opportunity input.
Is Telegraph Hazelton primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 72.2%.
What is the unemployment rate in Telegraph Hazelton?
The NDS-derived civilian unemployment rate is approximately 0.7%.
How educated are residents of Telegraph Hazelton?
Approximately 12.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Telegraph Hazelton face high rent burden?
Approximately 42.1% 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 Telegraph Hazelton?
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 applications138
Estimated originations60
Home-purchase applications46
Origination rate43.7%
Home-purchase share33.7%
Average application loan$115,454
Total application loan amount$15,914,778
National application rank#3,203 of 14,874 rankable neighborhoods
Geometry coverage99.7%
Recent trend: Applications 29.0% YoY; originations 28.6% 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.