Average home value: $275,947
On the flip side, the most common neighborhood names with the lowest property values had words including “fort” ($109,116 average home value), “junction” ($115,268 average home value) and “rock” ($115,395 average home value).
Porch also analyzed the words in neighborhood names with the highest average household incomes. Interestingly, overall, high-earning households are nestled within neighborhoods that give a nod to luxurious landscapes, like “hill,” “island,” “oaks,” “acres” and “beach.”
Porch analyzed data by zip code from the U.S. Census for all Census Designated Places analyzed, using words that showed up at least 25 times when looking at the entire country. See the complete methodology here.
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