What is the Best Neighborhoods USA ranking for Estabrook?
Estabrook is ranked #9 of 114 eligible neighborhoods in Norfolk; #84 of 518 eligible neighborhoods in VA; and #1,896 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Estabrook
Norfolk, VA | Norfolk City
Scored premium profile
Best Neighborhoods USA Index
67.5
Stability and Strength
58.8
Value Opportunity
68.2
Momentum
80.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Norfolk, VA |
| County | Norfolk City |
| National rank | #1,896 of 14,967 |
| State rank | #84 of 518 |
| City rank | #9 of 114 |
| County rank | #9 of 114 |
| National percentile | 87.3 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $288,621 |
| Year-over-year home value change | 3.7% |
| Month-over-month home value change | 0.53% |
| Home value to income ratio | 3.23 |
| Median household income | $89,364 |
| Bachelor's degree or higher | 22.0% |
| Civilian unemployment rate | 1.4% |
| Homeownership rate | 75.3% |
| Housing vacancy rate | 5.7% |
| Rent burden 30% or higher | 52.0% |
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 Estabrook
Is Estabrook one of the best neighborhoods in Norfolk?
Estabrook has a Best Neighborhoods USA Index of 67.5 and a city ranking of #9 of 114 eligible neighborhoods in Norfolk.
How much are homes worth in Estabrook?
The current Zillow Home Value Index for Estabrook is approximately $288,621.
Are home values rising or falling in Estabrook?
Zillow neighborhood values changed 3.7% year over year and 0.53% month over month.
What is the Neighborhood Momentum Score for Estabrook?
Estabrook has a Neighborhood Momentum Score of 80.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Estabrook?
The NDS-derived neighborhood median household income is approximately $89,364.
How affordable is Estabrook relative to household income?
The current Zillow home-value-to-household-income ratio is 3.23. Price-to-income affordability is a major Value Opportunity input.
Is Estabrook primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 75.3%.
What is the unemployment rate in Estabrook?
The NDS-derived civilian unemployment rate is approximately 1.4%.
How educated are residents of Estabrook?
Approximately 22.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Estabrook face high rent burden?
Approximately 52.0% 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 Estabrook?
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 applications154
Estimated originations90
Home-purchase applications72
Origination rate58.2%
Home-purchase share46.7%
Average application loan$210,901
Total application loan amount$32,571,296
National application rank#2,836 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 24.6% YoY; originations 37.7% 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.