What is the Best Neighborhoods USA ranking for Meadowbrook?
Meadowbrook is ranked #65 of 114 eligible neighborhoods in Norfolk; #345 of 518 eligible neighborhoods in VA; and #8,391 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Meadowbrook
Norfolk, VA | Norfolk City
Scored premium profile
Best Neighborhoods USA Index
47.9
Stability and Strength
42.4
Value Opportunity
40.2
Momentum
67.3
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 | #8,391 of 14,967 |
| State rank | #345 of 518 |
| City rank | #65 of 114 |
| County rank | #65 of 114 |
| National percentile | 43.9 |
| National band | MIDDLE_50_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 | $522,667 |
| Year-over-year home value change | 2.7% |
| Month-over-month home value change | 0.15% |
| Home value to income ratio | 8.25 |
| Median household income | $63,373 |
| Bachelor's degree or higher | 41.0% |
| Civilian unemployment rate | 2.9% |
| Homeownership rate | 30.3% |
| Housing vacancy rate | 6.4% |
| Rent burden 30% or higher | 68.0% |
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 Meadowbrook
Is Meadowbrook one of the best neighborhoods in Norfolk?
Meadowbrook has a Best Neighborhoods USA Index of 47.9 and a city ranking of #65 of 114 eligible neighborhoods in Norfolk.
How much are homes worth in Meadowbrook?
The current Zillow Home Value Index for Meadowbrook is approximately $522,667.
Are home values rising or falling in Meadowbrook?
Zillow neighborhood values changed 2.7% year over year and 0.15% month over month.
What is the Neighborhood Momentum Score for Meadowbrook?
Meadowbrook has a Neighborhood Momentum Score of 67.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Meadowbrook?
The NDS-derived neighborhood median household income is approximately $63,373.
How affordable is Meadowbrook relative to household income?
The current Zillow home-value-to-household-income ratio is 8.25. Price-to-income affordability is a major Value Opportunity input.
Is Meadowbrook primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 30.3%.
What is the unemployment rate in Meadowbrook?
The NDS-derived civilian unemployment rate is approximately 2.9%.
How educated are residents of Meadowbrook?
Approximately 41.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Meadowbrook face high rent burden?
Approximately 68.0% 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 Meadowbrook?
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 applications21
Estimated originations12
Home-purchase applications10
Origination rate56.9%
Home-purchase share48.4%
Average application loan$394,838
Total application loan amount$8,410,946
National application rank#10,432 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.1% YoY; originations 3.8% 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.