Neighborhood Profile

Cann Park

Savannah, GA | Chatham County
Scored premium profile
Best Neighborhoods USA Index
22.9
National rank: #14,426 of 14,967
Stability and Strength
14.9
Score
Value Opportunity
40.6
Score
Momentum
10.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSavannah, GA
CountyChatham County
National rank#14,426 of 14,967
State rank#391 of 438
City rank#65 of 78
County rank#65 of 78
National percentile3.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$173,420
Year-over-year home value change-3.1%
Month-over-month home value change-2.33%
Home value to income ratio3.42
Median household income$50,668
Bachelor's degree or higher5.8%
Civilian unemployment rate8.5%
Homeownership rate22.3%
Housing vacancy rate31.8%
Rent burden 30% or higher59.6%

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 Cann Park

What is the Best Neighborhoods USA ranking for Cann Park?

Cann Park is ranked #65 of 78 eligible neighborhoods in Savannah; #391 of 438 eligible neighborhoods in GA; and #14,426 of 14,967 eligible neighborhoods in the United States.

Is Cann Park one of the best neighborhoods in Savannah?

Cann Park has a Best Neighborhoods USA Index of 22.9 and a city ranking of #65 of 78 eligible neighborhoods in Savannah.

How much are homes worth in Cann Park?

The current Zillow Home Value Index for Cann Park is approximately $173,420.

Are home values rising or falling in Cann Park?

Zillow neighborhood values changed -3.1% year over year and -2.33% month over month.

What is the Neighborhood Momentum Score for Cann Park?

Cann Park has a Neighborhood Momentum Score of 10.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Cann Park?

The NDS-derived neighborhood median household income is approximately $50,668.

How affordable is Cann Park relative to household income?

The current Zillow home-value-to-household-income ratio is 3.42. Price-to-income affordability is a major Value Opportunity input.

Is Cann Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 22.3%.

What is the unemployment rate in Cann Park?

The NDS-derived civilian unemployment rate is approximately 8.5%.

How educated are residents of Cann Park?

Approximately 5.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Cann Park face high rent burden?

Approximately 59.6% 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 Cann Park?

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 applications33
Estimated originations19
Home-purchase applications16
Origination rate57.6%
Home-purchase share49.6%
Average application loan$207,880
Total application loan amount$6,876,115
National application rank#8,851 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.4% YoY; originations 63.3% 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.