Neighborhood Profile

Bowling Green

Norfolk, VA | Norfolk City
Scored premium profile
Best Neighborhoods USA Index
27.7
National rank: #13,833 of 14,967
Stability and Strength
27.2
Score
Value Opportunity
18.6
Score
Momentum
41.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNorfolk, VA
CountyNorfolk City
National rank#13,833 of 14,967
State rank#496 of 518
City rank#109 of 114
County rank#109 of 114
National percentile7.6
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$290,818
Year-over-year home value change-1.2%
Month-over-month home value change0.19%
Home value to income ratio1,847.60
Median household income$157
Bachelor's degree or higher47.5%
Civilian unemployment rate31.2%
Homeownership rate49.7%
Housing vacancy rate0.0%
Rent burden 30% or higher84.9%

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 Bowling Green

What is the Best Neighborhoods USA ranking for Bowling Green?

Bowling Green is ranked #109 of 114 eligible neighborhoods in Norfolk; #496 of 518 eligible neighborhoods in VA; and #13,833 of 14,967 eligible neighborhoods in the United States.

Is Bowling Green one of the best neighborhoods in Norfolk?

Bowling Green has a Best Neighborhoods USA Index of 27.7 and a city ranking of #109 of 114 eligible neighborhoods in Norfolk.

How much are homes worth in Bowling Green?

The current Zillow Home Value Index for Bowling Green is approximately $290,818.

Are home values rising or falling in Bowling Green?

Zillow neighborhood values changed -1.2% year over year and 0.19% month over month.

What is the Neighborhood Momentum Score for Bowling Green?

Bowling Green has a Neighborhood Momentum Score of 41.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Bowling Green?

The NDS-derived neighborhood median household income is approximately $157.

How affordable is Bowling Green relative to household income?

The current Zillow home-value-to-household-income ratio is 1,847.60. Price-to-income affordability is a major Value Opportunity input.

Is Bowling Green primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 49.7%.

What is the unemployment rate in Bowling Green?

The NDS-derived civilian unemployment rate is approximately 31.2%.

How educated are residents of Bowling Green?

Approximately 47.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Bowling Green face high rent burden?

Approximately 84.9% 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 Bowling Green?

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 applications19
Estimated originations11
Home-purchase applications8
Origination rate55.8%
Home-purchase share40.3%
Average application loan$222,923
Total application loan amount$4,258,661
National application rank#10,774 of 14,874 rankable neighborhoods
Geometry coverage99.9%
Recent trend: Applications 20.3% YoY; originations 65.4% 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.