What is the Best Neighborhoods USA ranking for Berkeley?
Berkeley is ranked #11 of 12 eligible neighborhoods in Cumberland; #13 of 69 eligible neighborhoods in RI; and #2,650 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Berkeley
Cumberland, RI | Providence County
Scored premium profile
Best Neighborhoods USA Index
64.4
Stability and Strength
64.5
Value Opportunity
61.2
Momentum
68.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Cumberland, RI |
| County | Providence County |
| National rank | #2,650 of 14,967 |
| State rank | #13 of 69 |
| City rank | #11 of 12 |
| County rank | #13 of 54 |
| National percentile | 82.3 |
| National band | TOP_25_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 | $527,463 |
| Year-over-year home value change | 2.6% |
| Month-over-month home value change | 0.23% |
| Home value to income ratio | 4.63 |
| Median household income | $113,873 |
| Bachelor's degree or higher | 58.5% |
| Civilian unemployment rate | 3.5% |
| Homeownership rate | 70.8% |
| Housing vacancy rate | 17.1% |
| Rent burden 30% or higher | 46.3% |
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 Berkeley
Is Berkeley one of the best neighborhoods in Cumberland?
Berkeley has a Best Neighborhoods USA Index of 64.4 and a city ranking of #11 of 12 eligible neighborhoods in Cumberland.
How much are homes worth in Berkeley?
The current Zillow Home Value Index for Berkeley is approximately $527,463.
Are home values rising or falling in Berkeley?
Zillow neighborhood values changed 2.6% year over year and 0.23% month over month.
What is the Neighborhood Momentum Score for Berkeley?
Berkeley has a Neighborhood Momentum Score of 68.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Berkeley?
The NDS-derived neighborhood median household income is approximately $113,873.
How affordable is Berkeley relative to household income?
The current Zillow home-value-to-household-income ratio is 4.63. Price-to-income affordability is a major Value Opportunity input.
Is Berkeley primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 70.8%.
What is the unemployment rate in Berkeley?
The NDS-derived civilian unemployment rate is approximately 3.5%.
How educated are residents of Berkeley?
Approximately 58.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Berkeley face high rent burden?
Approximately 46.3% 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 Berkeley?
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 applications42
Estimated originations29
Home-purchase applications16
Origination rate68.9%
Home-purchase share37.3%
Average application loan$252,890
Total application loan amount$10,677,239
National application rank#7,919 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.5% YoY; originations 16.4% 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.