What is the Best Neighborhoods USA ranking for Summerfield?
Summerfield is ranked #27 of 58 eligible neighborhoods in Renton; #222 of 533 eligible neighborhoods in WA; and #7,528 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Summerfield
Renton, WA | King County
Scored premium profile
Best Neighborhoods USA Index
50.2
Stability and Strength
70.3
Value Opportunity
51.6
Momentum
16.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Renton, WA |
| County | King County |
| National rank | #7,528 of 14,967 |
| State rank | #222 of 533 |
| City rank | #27 of 58 |
| County rank | #126 of 287 |
| National percentile | 49.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $799,644 |
| Year-over-year home value change | -3.2% |
| Month-over-month home value change | -0.29% |
| Home value to income ratio | 7.30 |
| Median household income | $109,568 |
| Bachelor's degree or higher | 65.2% |
| Civilian unemployment rate | 9.1% |
| Homeownership rate | 81.7% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 13.4% |
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 Summerfield
Is Summerfield one of the best neighborhoods in Renton?
Summerfield has a Best Neighborhoods USA Index of 50.2 and a city ranking of #27 of 58 eligible neighborhoods in Renton.
How much are homes worth in Summerfield?
The current Zillow Home Value Index for Summerfield is approximately $799,644.
Are home values rising or falling in Summerfield?
Zillow neighborhood values changed -3.2% year over year and -0.29% month over month.
What is the Neighborhood Momentum Score for Summerfield?
Summerfield has a Neighborhood Momentum Score of 16.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Summerfield?
The NDS-derived neighborhood median household income is approximately $109,568.
How affordable is Summerfield relative to household income?
The current Zillow home-value-to-household-income ratio is 7.30. Price-to-income affordability is a major Value Opportunity input.
Is Summerfield primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 81.7%.
What is the unemployment rate in Summerfield?
The NDS-derived civilian unemployment rate is approximately 9.1%.
How educated are residents of Summerfield?
Approximately 65.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Summerfield face high rent burden?
Approximately 13.4% 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 Summerfield?
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 applications7
Estimated originations4
Home-purchase applications3
Origination rate61.4%
Home-purchase share43.6%
Average application loan$340,969
Total application loan amount$2,251,465
National application rank#13,321 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -29.5% YoY; originations -32.0% 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.