Neighborhood Profile

Fortwood Historic District

Chattanooga, TN | Hamilton County
Scored premium profile
Best Neighborhoods USA Index
52.6
National rank: #6,683 of 14,967
Stability and Strength
63.8
Score
Value Opportunity
66.6
Score
Momentum
15.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationChattanooga, TN
CountyHamilton County
National rank#6,683 of 14,967
State rank#211 of 571
City rank#8 of 57
County rank#8 of 57
National percentile55.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$532,201
Year-over-year home value change-2.5%
Month-over-month home value change-0.73%
Home value to income ratio4.66
Median household income$114,191
Bachelor's degree or higher44.0%
Civilian unemployment rate2.1%
Homeownership rate20.0%
Housing vacancy rate3.6%
Rent burden 30% or higher22.0%

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 Fortwood Historic District

What is the Best Neighborhoods USA ranking for Fortwood Historic District?

Fortwood Historic District is ranked #8 of 57 eligible neighborhoods in Chattanooga; #211 of 571 eligible neighborhoods in TN; and #6,683 of 14,967 eligible neighborhoods in the United States.

Is Fortwood Historic District one of the best neighborhoods in Chattanooga?

Fortwood Historic District has a Best Neighborhoods USA Index of 52.6 and a city ranking of #8 of 57 eligible neighborhoods in Chattanooga.

How much are homes worth in Fortwood Historic District?

The current Zillow Home Value Index for Fortwood Historic District is approximately $532,201.

Are home values rising or falling in Fortwood Historic District?

Zillow neighborhood values changed -2.5% year over year and -0.73% month over month.

What is the Neighborhood Momentum Score for Fortwood Historic District?

Fortwood Historic District has a Neighborhood Momentum Score of 15.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fortwood Historic District?

The NDS-derived neighborhood median household income is approximately $114,191.

How affordable is Fortwood Historic District relative to household income?

The current Zillow home-value-to-household-income ratio is 4.66. Price-to-income affordability is a major Value Opportunity input.

Is Fortwood Historic District primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 20.0%.

What is the unemployment rate in Fortwood Historic District?

The NDS-derived civilian unemployment rate is approximately 2.1%.

How educated are residents of Fortwood Historic District?

Approximately 44.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fortwood Historic District face high rent burden?

Approximately 22.0% 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 Fortwood Historic District?

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 applications11
Estimated originations7
Home-purchase applications6
Origination rate62.9%
Home-purchase share57.2%
Average application loan$353,963
Total application loan amount$3,867,997
National application rank#12,309 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.6% YoY; originations 40.9% 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.