Neighborhood Profile

Rainier Beach

Seattle, WA | King County
Scored premium profile
Best Neighborhoods USA Index
53.4
National rank: #6,381 of 14,967
Stability and Strength
65.6
Score
Value Opportunity
56.6
Score
Momentum
29.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSeattle, WA
CountyKing County
National rank#6,381 of 14,967
State rank#162 of 533
City rank#37 of 88
County rank#84 of 287
National percentile57.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$750,303
Year-over-year home value change-1.4%
Month-over-month home value change-0.15%
Home value to income ratio6.29
Median household income$119,290
Bachelor's degree or higher41.3%
Civilian unemployment rate3.2%
Homeownership rate79.4%
Housing vacancy rate3.0%
Rent burden 30% or higher64.2%

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 Rainier Beach

What is the Best Neighborhoods USA ranking for Rainier Beach?

Rainier Beach is ranked #37 of 88 eligible neighborhoods in Seattle; #162 of 533 eligible neighborhoods in WA; and #6,381 of 14,967 eligible neighborhoods in the United States.

Is Rainier Beach one of the best neighborhoods in Seattle?

Rainier Beach has a Best Neighborhoods USA Index of 53.4 and a city ranking of #37 of 88 eligible neighborhoods in Seattle.

How much are homes worth in Rainier Beach?

The current Zillow Home Value Index for Rainier Beach is approximately $750,303.

Are home values rising or falling in Rainier Beach?

Zillow neighborhood values changed -1.4% year over year and -0.15% month over month.

What is the Neighborhood Momentum Score for Rainier Beach?

Rainier Beach has a Neighborhood Momentum Score of 29.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Rainier Beach?

The NDS-derived neighborhood median household income is approximately $119,290.

How affordable is Rainier Beach relative to household income?

The current Zillow home-value-to-household-income ratio is 6.29. Price-to-income affordability is a major Value Opportunity input.

Is Rainier Beach primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 79.4%.

What is the unemployment rate in Rainier Beach?

The NDS-derived civilian unemployment rate is approximately 3.2%.

How educated are residents of Rainier Beach?

Approximately 41.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Rainier Beach face high rent burden?

Approximately 64.2% 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 Rainier Beach?

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 applications190
Estimated originations103
Home-purchase applications71
Origination rate54.0%
Home-purchase share37.2%
Average application loan$394,928
Total application loan amount$74,970,472
National application rank#2,210 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.1% YoY; originations 2.8% 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.