This paper extends the search for neighborhood contextual effects to residential mobility. We propose that neighborhood consists of subjective and objective domains, both of which are crosscut by substantive (social/physical) and temporal (current/change) dimensions. Measures of neighborhood characteristics consistent with our conceptualization are used to estimate the impact of context on mobility thoughts and on actual mobility in a sample of Nashville residents. Although individual statuses such as age and tenure remain important antecedents of mobility, subjective features of neighborhood context also play a role--albeit limited and indirect--in the decision to move or to stay.