What is the Best Neighborhoods USA ranking for Cherrydale?
Cherrydale is ranked #32 of 50 eligible neighborhoods in Arlington; #219 of 518 eligible neighborhoods in VA; and #5,031 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cherrydale
Arlington, VA | Arlington County
Scored premium profile
Best Neighborhoods USA Index
57.1
Stability and Strength
64.2
Value Opportunity
38.6
Momentum
71.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Arlington, VA |
| County | Arlington County |
| National rank | #5,031 of 14,967 |
| State rank | #219 of 518 |
| City rank | #32 of 50 |
| County rank | #32 of 50 |
| National percentile | 66.4 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,454,867 |
| Year-over-year home value change | 2.1% |
| Month-over-month home value change | 0.57% |
| Home value to income ratio | 24.54 |
| Median household income | $59,283 |
| Bachelor's degree or higher | 85.6% |
| Civilian unemployment rate | 2.4% |
| Homeownership rate | 66.4% |
| Housing vacancy rate | 7.7% |
| Rent burden 30% or higher | 36.5% |
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 Cherrydale
Is Cherrydale one of the best neighborhoods in Arlington?
Cherrydale has a Best Neighborhoods USA Index of 57.1 and a city ranking of #32 of 50 eligible neighborhoods in Arlington.
How much are homes worth in Cherrydale?
The current Zillow Home Value Index for Cherrydale is approximately $1,454,867.
Are home values rising or falling in Cherrydale?
Zillow neighborhood values changed 2.1% year over year and 0.57% month over month.
What is the Neighborhood Momentum Score for Cherrydale?
Cherrydale has a Neighborhood Momentum Score of 71.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cherrydale?
The NDS-derived neighborhood median household income is approximately $59,283.
How affordable is Cherrydale relative to household income?
The current Zillow home-value-to-household-income ratio is 24.54. Price-to-income affordability is a major Value Opportunity input.
Is Cherrydale primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.4%.
What is the unemployment rate in Cherrydale?
The NDS-derived civilian unemployment rate is approximately 2.4%.
How educated are residents of Cherrydale?
Approximately 85.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cherrydale face high rent burden?
Approximately 36.5% 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 Cherrydale?
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 applications87
Estimated originations57
Home-purchase applications45
Origination rate65.1%
Home-purchase share52.2%
Average application loan$771,795
Total application loan amount$67,222,870
National application rank#4,888 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.4% YoY; originations -2.0% 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.