Neighborhood Profile

Kitts Corner

Federal Way, WA | King County
Scored premium profile
Best Neighborhoods USA Index
28.9
National rank: #13,667 of 14,967
Stability and Strength
28.3
Score
Value Opportunity
30.6
Score
Momentum
27.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFederal Way, WA
CountyKing County
National rank#13,667 of 14,967
State rank#510 of 533
City rank#14 of 14
County rank#281 of 287
National percentile8.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$492,480
Year-over-year home value change-0.9%
Month-over-month home value change-0.48%
Home value to income ratio8.52
Median household income$57,816
Bachelor's degree or higher18.5%
Civilian unemployment rate6.7%
Homeownership rate25.1%
Housing vacancy rate2.1%
Rent burden 30% or higher72.8%

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 Kitts Corner

What is the Best Neighborhoods USA ranking for Kitts Corner?

Kitts Corner is ranked #14 of 14 eligible neighborhoods in Federal Way; #510 of 533 eligible neighborhoods in WA; and #13,667 of 14,967 eligible neighborhoods in the United States.

Is Kitts Corner one of the best neighborhoods in Federal Way?

Kitts Corner has a Best Neighborhoods USA Index of 28.9 and a city ranking of #14 of 14 eligible neighborhoods in Federal Way.

How much are homes worth in Kitts Corner?

The current Zillow Home Value Index for Kitts Corner is approximately $492,480.

Are home values rising or falling in Kitts Corner?

Zillow neighborhood values changed -0.9% year over year and -0.48% month over month.

What is the Neighborhood Momentum Score for Kitts Corner?

Kitts Corner has a Neighborhood Momentum Score of 27.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Kitts Corner?

The NDS-derived neighborhood median household income is approximately $57,816.

How affordable is Kitts Corner relative to household income?

The current Zillow home-value-to-household-income ratio is 8.52. Price-to-income affordability is a major Value Opportunity input.

Is Kitts Corner primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 25.1%.

What is the unemployment rate in Kitts Corner?

The NDS-derived civilian unemployment rate is approximately 6.7%.

How educated are residents of Kitts Corner?

Approximately 18.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Kitts Corner face high rent burden?

Approximately 72.8% 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 Kitts Corner?

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 applications35
Estimated originations21
Home-purchase applications22
Origination rate59.7%
Home-purchase share64.9%
Average application loan$205,947
Total application loan amount$7,106,551
National application rank#8,706 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -22.2% YoY; originations -4.2% 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.