What is the Best Neighborhoods USA ranking for South Gardens?
South Gardens is ranked #46 of 57 eligible neighborhoods in Chattanooga; #537 of 571 eligible neighborhoods in TN; and #14,036 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
South Gardens
Chattanooga, TN | Hamilton County
Scored premium profile
Best Neighborhoods USA Index
26.3
Stability and Strength
22.5
Value Opportunity
18.9
Momentum
42.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Chattanooga, TN |
| County | Hamilton County |
| National rank | #14,036 of 14,967 |
| State rank | #537 of 571 |
| City rank | #46 of 57 |
| County rank | #46 of 57 |
| National percentile | 6.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $208,061 |
| Year-over-year home value change | 1.1% |
| Month-over-month home value change | -0.42% |
| Home value to income ratio | 11.50 |
| Median household income | $18,097 |
| Bachelor's degree or higher | 16.3% |
| Civilian unemployment rate | 9.5% |
| Homeownership rate | 6.0% |
| Housing vacancy rate | 1.9% |
| Rent burden 30% or higher | 43.0% |
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 South Gardens
Is South Gardens one of the best neighborhoods in Chattanooga?
South Gardens has a Best Neighborhoods USA Index of 26.3 and a city ranking of #46 of 57 eligible neighborhoods in Chattanooga.
How much are homes worth in South Gardens?
The current Zillow Home Value Index for South Gardens is approximately $208,061.
Are home values rising or falling in South Gardens?
Zillow neighborhood values changed 1.1% year over year and -0.42% month over month.
What is the Neighborhood Momentum Score for South Gardens?
South Gardens has a Neighborhood Momentum Score of 42.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in South Gardens?
The NDS-derived neighborhood median household income is approximately $18,097.
How affordable is South Gardens relative to household income?
The current Zillow home-value-to-household-income ratio is 11.50. Price-to-income affordability is a major Value Opportunity input.
Is South Gardens primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 6.0%.
What is the unemployment rate in South Gardens?
The NDS-derived civilian unemployment rate is approximately 9.5%.
How educated are residents of South Gardens?
Approximately 16.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in South Gardens face high rent burden?
Approximately 43.0% 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 South Gardens?
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 applications40
Estimated originations24
Home-purchase applications22
Origination rate60.2%
Home-purchase share55.1%
Average application loan$481,472
Total application loan amount$19,087,398
National application rank#8,173 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -42.3% YoY; originations -47.2% 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.