Neighborhood Profile

Princess Anne

Virginia Beach, VA | Virginia Beach City
Scored premium profile
Best Neighborhoods USA Index
69.0
National rank: #1,539 of 14,967
Stability and Strength
70.0
Score
Value Opportunity
64.6
Score
Momentum
73.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationVirginia Beach, VA
CountyVirginia Beach City
National rank#1,539 of 14,967
State rank#66 of 518
City rank#8 of 29
County rank#8 of 29
National percentile89.7
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$600,789
Year-over-year home value change3.6%
Month-over-month home value change0.18%
Home value to income ratio4.66
Median household income$129,050
Bachelor's degree or higher46.5%
Civilian unemployment rate3.5%
Homeownership rate85.3%
Housing vacancy rate5.9%
Rent burden 30% or higher47.9%

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 Princess Anne

What is the Best Neighborhoods USA ranking for Princess Anne?

Princess Anne is ranked #8 of 29 eligible neighborhoods in Virginia Beach; #66 of 518 eligible neighborhoods in VA; and #1,539 of 14,967 eligible neighborhoods in the United States.

Is Princess Anne one of the best neighborhoods in Virginia Beach?

Princess Anne has a Best Neighborhoods USA Index of 69.0 and a city ranking of #8 of 29 eligible neighborhoods in Virginia Beach.

How much are homes worth in Princess Anne?

The current Zillow Home Value Index for Princess Anne is approximately $600,789.

Are home values rising or falling in Princess Anne?

Zillow neighborhood values changed 3.6% year over year and 0.18% month over month.

What is the Neighborhood Momentum Score for Princess Anne?

Princess Anne has a Neighborhood Momentum Score of 73.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Princess Anne?

The NDS-derived neighborhood median household income is approximately $129,050.

How affordable is Princess Anne relative to household income?

The current Zillow home-value-to-household-income ratio is 4.66. Price-to-income affordability is a major Value Opportunity input.

Is Princess Anne primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 85.3%.

What is the unemployment rate in Princess Anne?

The NDS-derived civilian unemployment rate is approximately 3.5%.

How educated are residents of Princess Anne?

Approximately 46.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Princess Anne face high rent burden?

Approximately 47.9% 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 Princess Anne?

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

FULL_OR_NEAR_FULL

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 applications3,107
Estimated originations1,884
Home-purchase applications1,076
Origination rate60.6%
Home-purchase share34.6%
Average application loan$305,554
Total application loan amount$949,402,786
National application rank#15 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.1% YoY; originations 20.2% 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.