What is the Best Neighborhoods USA ranking for Willoughby?
Willoughby is ranked #61 of 114 eligible neighborhoods in Norfolk; #338 of 518 eligible neighborhoods in VA; and #8,094 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Willoughby
Norfolk, VA | Norfolk City
Scored premium profile
Best Neighborhoods USA Index
48.7
Stability and Strength
39.3
Value Opportunity
35.9
Momentum
81.6
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 | #8,094 of 14,967 |
| State rank | #338 of 518 |
| City rank | #61 of 114 |
| County rank | #61 of 114 |
| National percentile | 45.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $472,301 |
| Year-over-year home value change | 4.4% |
| Month-over-month home value change | 0.39% |
| Home value to income ratio | 7.53 |
| Median household income | $62,698 |
| Bachelor's degree or higher | 35.2% |
| Civilian unemployment rate | 2.8% |
| Homeownership rate | 33.4% |
| Housing vacancy rate | 24.7% |
| Rent burden 30% or higher | 53.7% |
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 Willoughby
Is Willoughby one of the best neighborhoods in Norfolk?
Willoughby has a Best Neighborhoods USA Index of 48.7 and a city ranking of #61 of 114 eligible neighborhoods in Norfolk.
How much are homes worth in Willoughby?
The current Zillow Home Value Index for Willoughby is approximately $472,301.
Are home values rising or falling in Willoughby?
Zillow neighborhood values changed 4.4% year over year and 0.39% month over month.
What is the Neighborhood Momentum Score for Willoughby?
Willoughby has a Neighborhood Momentum Score of 81.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Willoughby?
The NDS-derived neighborhood median household income is approximately $62,698.
How affordable is Willoughby relative to household income?
The current Zillow home-value-to-household-income ratio is 7.53. Price-to-income affordability is a major Value Opportunity input.
Is Willoughby primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 33.4%.
What is the unemployment rate in Willoughby?
The NDS-derived civilian unemployment rate is approximately 2.8%.
How educated are residents of Willoughby?
Approximately 35.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Willoughby face high rent burden?
Approximately 53.7% 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 Willoughby?
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 originations11
Home-purchase applications13
Origination rate49.8%
Home-purchase share61.7%
Average application loan$344,571
Total application loan amount$7,304,201
National application rank#10,453 of 14,874 rankable neighborhoods
Geometry coverage95.1%
Recent trend: Applications -11.3% YoY; originations -25.1% 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.