What is the Best Neighborhoods USA ranking for West Walnut/Union Terrace?
West Walnut/Union Terrace is ranked #14 of 23 eligible neighborhoods in Allentown; #249 of 382 eligible neighborhoods in PA; and #10,671 of 14,967 eligible neighborhoods in the United States.
Is West Walnut/Union Terrace one of the best neighborhoods in Allentown?
West Walnut/Union Terrace has a Best Neighborhoods USA Index of 41.1 and a city ranking of #14 of 23 eligible neighborhoods in Allentown.
How much are homes worth in West Walnut/Union Terrace?
The current Zillow Home Value Index for West Walnut/Union Terrace is approximately $268,853.
Are home values rising or falling in West Walnut/Union Terrace?
Zillow neighborhood values changed 2.8% year over year and 0.48% month over month.
What is the Neighborhood Momentum Score for West Walnut/Union Terrace?
West Walnut/Union Terrace has a Neighborhood Momentum Score of 75.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in West Walnut/Union Terrace?
The NDS-derived neighborhood median household income is approximately $47,857.
How affordable is West Walnut/Union Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 5.62. Price-to-income affordability is a major Value Opportunity input.
Is West Walnut/Union Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 38.1%.
What is the unemployment rate in West Walnut/Union Terrace?
The NDS-derived civilian unemployment rate is approximately 7.2%.
How educated are residents of West Walnut/Union Terrace?
Approximately 22.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in West Walnut/Union Terrace face high rent burden?
Approximately 60.0% 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 West Walnut/Union Terrace?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.