What is the Best Neighborhoods USA ranking for Factoria?
Factoria is ranked #15 of 23 eligible neighborhoods in Bellevue; #302 of 533 eligible neighborhoods in WA; and #8,919 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Factoria
Bellevue, WA | King County
Scored premium profile
Best Neighborhoods USA Index
46.4
Stability and Strength
64.2
Value Opportunity
48.1
Momentum
15.6
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Bellevue, WA |
| County | King County |
| National rank | #8,919 of 14,967 |
| State rank | #302 of 533 |
| City rank | #15 of 23 |
| County rank | #180 of 287 |
| National percentile | 40.4 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,142,225 |
| Year-over-year home value change | -2.9% |
| Month-over-month home value change | -0.39% |
| Home value to income ratio | 11.32 |
| Median household income | $100,897 |
| Bachelor's degree or higher | 69.1% |
| Civilian unemployment rate | 3.8% |
| Homeownership rate | 58.8% |
| Housing vacancy rate | 4.0% |
| Rent burden 30% or higher | 59.1% |
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 Factoria
Is Factoria one of the best neighborhoods in Bellevue?
Factoria has a Best Neighborhoods USA Index of 46.4 and a city ranking of #15 of 23 eligible neighborhoods in Bellevue.
How much are homes worth in Factoria?
The current Zillow Home Value Index for Factoria is approximately $1,142,225.
Are home values rising or falling in Factoria?
Zillow neighborhood values changed -2.9% year over year and -0.39% month over month.
What is the Neighborhood Momentum Score for Factoria?
Factoria has a Neighborhood Momentum Score of 15.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Factoria?
The NDS-derived neighborhood median household income is approximately $100,897.
How affordable is Factoria relative to household income?
The current Zillow home-value-to-household-income ratio is 11.32. Price-to-income affordability is a major Value Opportunity input.
Is Factoria primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 58.8%.
What is the unemployment rate in Factoria?
The NDS-derived civilian unemployment rate is approximately 3.8%.
How educated are residents of Factoria?
Approximately 69.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Factoria face high rent burden?
Approximately 59.1% 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 Factoria?
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 applications67
Estimated originations41
Home-purchase applications40
Origination rate61.4%
Home-purchase share59.8%
Average application loan$898,378
Total application loan amount$60,392,795
National application rank#6,000 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.8% YoY; originations 12.8% 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.