What is the Best Neighborhoods USA ranking for Venice?
Venice is ranked #17 of 94 eligible neighborhoods in Los Angeles; #833 of 1,814 eligible neighborhoods in CA; and #7,243 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Venice
Los Angeles, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
51.1
Stability and Strength
49.5
Value Opportunity
34.6
Momentum
76.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Los Angeles, CA |
| County | Los Angeles County |
| National rank | #7,243 of 14,967 |
| State rank | #833 of 1,814 |
| City rank | #17 of 94 |
| County rank | #138 of 321 |
| National percentile | 51.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $2,225,502 |
| Year-over-year home value change | 3.3% |
| Month-over-month home value change | 0.41% |
| Home value to income ratio | 20.32 |
| Median household income | $109,499 |
| Bachelor's degree or higher | 70.8% |
| Civilian unemployment rate | 8.7% |
| Homeownership rate | 35.6% |
| Housing vacancy rate | 17.0% |
| Rent burden 30% or higher | 51.9% |
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 Venice
Is Venice one of the best neighborhoods in Los Angeles?
Venice has a Best Neighborhoods USA Index of 51.1 and a city ranking of #17 of 94 eligible neighborhoods in Los Angeles.
How much are homes worth in Venice?
The current Zillow Home Value Index for Venice is approximately $2,225,502.
Are home values rising or falling in Venice?
Zillow neighborhood values changed 3.3% year over year and 0.41% month over month.
What is the Neighborhood Momentum Score for Venice?
Venice has a Neighborhood Momentum Score of 76.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Venice?
The NDS-derived neighborhood median household income is approximately $109,499.
How affordable is Venice relative to household income?
The current Zillow home-value-to-household-income ratio is 20.32. Price-to-income affordability is a major Value Opportunity input.
Is Venice primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 35.6%.
What is the unemployment rate in Venice?
The NDS-derived civilian unemployment rate is approximately 8.7%.
How educated are residents of Venice?
Approximately 70.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Venice face high rent burden?
Approximately 51.9% 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 Venice?
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 applications755
Estimated originations382
Home-purchase applications321
Origination rate50.6%
Home-purchase share42.5%
Average application loan$1,141,932
Total application loan amount$862,387,819
National application rank#288 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.7% YoY; originations 12.3% 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.