Neighborhood Profile

Davie Avenue/Broad Street Historic District

Statesville, NC | Iredell County
Scored premium profile
Best Neighborhoods USA Index
41.3
National rank: #10,600 of 14,967
Stability and Strength
44.1
Score
Value Opportunity
41.9
Score
Momentum
36.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationStatesville, NC
CountyIredell County
National rank#10,600 of 14,967
State rank#365 of 535
City rankNot available
County rankNot available
National percentile29.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$307,155
Year-over-year home value change-1.2%
Month-over-month home value change0.02%
Home value to income ratio6.21
Median household income$49,433
Bachelor's degree or higher32.2%
Civilian unemployment rate0.1%
Homeownership rate53.2%
Housing vacancy rate12.9%
Rent burden 30% or higher58.1%

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 Davie Avenue/Broad Street Historic District

What is the Best Neighborhoods USA ranking for Davie Avenue/Broad Street Historic District?

Davie Avenue/Broad Street Historic District is ranked No published Statesville rank is currently available; #365 of 535 eligible neighborhoods in NC; and #10,600 of 14,967 eligible neighborhoods in the United States.

Is Davie Avenue/Broad Street Historic District one of the best neighborhoods in Statesville?

Davie Avenue/Broad Street Historic District has a Best Neighborhoods USA Index of 41.3 and a city ranking of No published Statesville rank is currently available.

How much are homes worth in Davie Avenue/Broad Street Historic District?

The current Zillow Home Value Index for Davie Avenue/Broad Street Historic District is approximately $307,155.

Are home values rising or falling in Davie Avenue/Broad Street Historic District?

Zillow neighborhood values changed -1.2% year over year and 0.02% month over month.

What is the Neighborhood Momentum Score for Davie Avenue/Broad Street Historic District?

Davie Avenue/Broad Street Historic District has a Neighborhood Momentum Score of 36.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Davie Avenue/Broad Street Historic District?

The NDS-derived neighborhood median household income is approximately $49,433.

How affordable is Davie Avenue/Broad Street Historic District relative to household income?

The current Zillow home-value-to-household-income ratio is 6.21. Price-to-income affordability is a major Value Opportunity input.

Is Davie Avenue/Broad Street Historic District primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 53.2%.

What is the unemployment rate in Davie Avenue/Broad Street Historic District?

The NDS-derived civilian unemployment rate is approximately 0.1%.

How educated are residents of Davie Avenue/Broad Street Historic District?

Approximately 32.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Davie Avenue/Broad Street Historic District face high rent burden?

Approximately 58.1% 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 Davie Avenue/Broad Street 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 applications5
Estimated originations3
Home-purchase applications2
Origination rate56.4%
Home-purchase share44.6%
Average application loan$267,692
Total application loan amount$1,459,279
National application rank#13,636 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -0.1% YoY; originations -5.0% 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.