What is the Best Neighborhoods USA ranking for Roundhill?
Roundhill is ranked #23 of 43 eligible neighborhoods in Roanoke; #401 of 518 eligible neighborhoods in VA; and #10,008 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Roundhill
Roanoke, VA | Roanoke City
Scored premium profile
Best Neighborhoods USA Index
43.1
Stability and Strength
31.5
Value Opportunity
42.7
Momentum
62.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Roanoke, VA |
| County | Roanoke City |
| National rank | #10,008 of 14,967 |
| State rank | #401 of 518 |
| City rank | #23 of 43 |
| County rank | #23 of 43 |
| National percentile | 33.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $222,249 |
| Year-over-year home value change | 1.7% |
| Month-over-month home value change | 0.18% |
| Home value to income ratio | 4.32 |
| Median household income | $51,470 |
| Bachelor's degree or higher | 18.2% |
| Civilian unemployment rate | 4.7% |
| Homeownership rate | 50.2% |
| Housing vacancy rate | 13.9% |
| Rent burden 30% or higher | 53.8% |
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 Roundhill
Is Roundhill one of the best neighborhoods in Roanoke?
Roundhill has a Best Neighborhoods USA Index of 43.1 and a city ranking of #23 of 43 eligible neighborhoods in Roanoke.
How much are homes worth in Roundhill?
The current Zillow Home Value Index for Roundhill is approximately $222,249.
Are home values rising or falling in Roundhill?
Zillow neighborhood values changed 1.7% year over year and 0.18% month over month.
What is the Neighborhood Momentum Score for Roundhill?
Roundhill has a Neighborhood Momentum Score of 62.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Roundhill?
The NDS-derived neighborhood median household income is approximately $51,470.
How affordable is Roundhill relative to household income?
The current Zillow home-value-to-household-income ratio is 4.32. Price-to-income affordability is a major Value Opportunity input.
Is Roundhill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 50.2%.
What is the unemployment rate in Roundhill?
The NDS-derived civilian unemployment rate is approximately 4.7%.
How educated are residents of Roundhill?
Approximately 18.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Roundhill face high rent burden?
Approximately 53.8% 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 Roundhill?
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 originations42
Home-purchase applications30
Origination rate62.5%
Home-purchase share43.7%
Average application loan$141,380
Total application loan amount$9,543,062
National application rank#5,981 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.2% YoY; originations 15.0% 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.