What is the Best Neighborhoods USA ranking for Ridgecrest?
Ridgecrest is ranked #9 of 23 eligible neighborhoods in Midwest City; #120 of 225 eligible neighborhoods in OK; and #6,572 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Ridgecrest
Midwest City, OK | Oklahoma County
Scored premium profile
Best Neighborhoods USA Index
52.8
Stability and Strength
43.7
Value Opportunity
57.0
Momentum
61.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Midwest City, OK |
| County | Oklahoma County |
| National rank | #6,572 of 14,967 |
| State rank | #120 of 225 |
| City rank | #9 of 23 |
| County rank | #15 of 44 |
| National percentile | 56.1 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $207,473 |
| Year-over-year home value change | 1.4% |
| Month-over-month home value change | 0.25% |
| Home value to income ratio | 3.22 |
| Median household income | $64,372 |
| Bachelor's degree or higher | 29.6% |
| Civilian unemployment rate | 8.1% |
| Homeownership rate | 63.7% |
| Housing vacancy rate | 4.0% |
| Rent burden 30% or higher | 40.7% |
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 Ridgecrest
Is Ridgecrest one of the best neighborhoods in Midwest City?
Ridgecrest has a Best Neighborhoods USA Index of 52.8 and a city ranking of #9 of 23 eligible neighborhoods in Midwest City.
How much are homes worth in Ridgecrest?
The current Zillow Home Value Index for Ridgecrest is approximately $207,473.
Are home values rising or falling in Ridgecrest?
Zillow neighborhood values changed 1.4% year over year and 0.25% month over month.
What is the Neighborhood Momentum Score for Ridgecrest?
Ridgecrest has a Neighborhood Momentum Score of 61.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Ridgecrest?
The NDS-derived neighborhood median household income is approximately $64,372.
How affordable is Ridgecrest relative to household income?
The current Zillow home-value-to-household-income ratio is 3.22. Price-to-income affordability is a major Value Opportunity input.
Is Ridgecrest primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 63.7%.
What is the unemployment rate in Ridgecrest?
The NDS-derived civilian unemployment rate is approximately 8.1%.
How educated are residents of Ridgecrest?
Approximately 29.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Ridgecrest face high rent burden?
Approximately 40.7% 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 Ridgecrest?
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 applications93
Estimated originations58
Home-purchase applications43
Origination rate61.7%
Home-purchase share45.8%
Average application loan$151,173
Total application loan amount$14,101,575
National application rank#4,616 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.3% YoY; originations 21.3% 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.