This study examined how low neighbourhood human capital (measured by percentage of residents with no qualifications) may be related to trajectories of children’s emotional and behavioural problems from early-to-middle childhood. It also assessed whether effects of neighbourhood human capital or its pathways were moderated by child nonverbal cognitive ability. Using data on 9850 children in England participating in the Millennium Cohort Study, we found that, after adjusting for key child and family background characteristics, the adverse effects of low neighbourhood human capital on hyperactivity and peer problems remained, and were fully attenuated by the achievement level of children’s schools. The effect of low neighbourhood human capital on the change in conduct problems over time was robust. Moreover, higher nonverbal ability did not dampen the adverse impact of low neighbourhood human capital on the trajectory of conduct problems or that of low performing schools on hyperactivity and peer problems.