What is the Best Neighborhoods USA ranking for Park Manor?
Park Manor is ranked #20 of 32 eligible neighborhoods in Portsmouth; #304 of 518 eligible neighborhoods in VA; and #7,340 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Park Manor
Portsmouth, VA | Portsmouth City
Scored premium profile
Best Neighborhoods USA Index
50.8
Stability and Strength
47.9
Value Opportunity
51.1
Momentum
54.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Portsmouth, VA |
| County | Portsmouth City |
| National rank | #7,340 of 14,967 |
| State rank | #304 of 518 |
| City rank | #20 of 32 |
| County rank | #20 of 32 |
| National percentile | 51.0 |
| 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 | $301,859 |
| Year-over-year home value change | 0.8% |
| Month-over-month home value change | 0.16% |
| Home value to income ratio | 4.14 |
| Median household income | $72,946 |
| Bachelor's degree or higher | 17.9% |
| Civilian unemployment rate | 6.6% |
| Homeownership rate | 69.2% |
| Housing vacancy rate | 3.4% |
| Rent burden 30% or higher | 15.7% |
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 Park Manor
Is Park Manor one of the best neighborhoods in Portsmouth?
Park Manor has a Best Neighborhoods USA Index of 50.8 and a city ranking of #20 of 32 eligible neighborhoods in Portsmouth.
How much are homes worth in Park Manor?
The current Zillow Home Value Index for Park Manor is approximately $301,859.
Are home values rising or falling in Park Manor?
Zillow neighborhood values changed 0.8% year over year and 0.16% month over month.
What is the Neighborhood Momentum Score for Park Manor?
Park Manor has a Neighborhood Momentum Score of 54.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Park Manor?
The NDS-derived neighborhood median household income is approximately $72,946.
How affordable is Park Manor relative to household income?
The current Zillow home-value-to-household-income ratio is 4.14. Price-to-income affordability is a major Value Opportunity input.
Is Park Manor primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 69.2%.
What is the unemployment rate in Park Manor?
The NDS-derived civilian unemployment rate is approximately 6.6%.
How educated are residents of Park Manor?
Approximately 17.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Park Manor face high rent burden?
Approximately 15.7% 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 Park Manor?
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 applications121
Estimated originations82
Home-purchase applications65
Origination rate67.4%
Home-purchase share53.6%
Average application loan$186,442
Total application loan amount$22,616,711
National application rank#3,603 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 5.3% YoY; originations 26.5% 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.