Neighborhood Profile

Alessandro Heights

Riverside, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
65.0
National rank: #2,500 of 14,967
Stability and Strength
78.3
Score
Value Opportunity
57.2
Score
Momentum
54.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRiverside, CA
CountyRiverside County
National rank#2,500 of 14,967
State rank#208 of 1,814
City rank#2 of 27
County rank#4 of 113
National percentile83.3
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,348,687
Year-over-year home value change0.4%
Month-over-month home value change0.24%
Home value to income ratio7.12
Median household income$189,368
Bachelor's degree or higher49.6%
Civilian unemployment rate4.2%
Homeownership rate97.8%
Housing vacancy rate3.0%
Rent burden 30% or higher38.5%

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 Alessandro Heights

What is the Best Neighborhoods USA ranking for Alessandro Heights?

Alessandro Heights is ranked #2 of 27 eligible neighborhoods in Riverside; #208 of 1,814 eligible neighborhoods in CA; and #2,500 of 14,967 eligible neighborhoods in the United States.

Is Alessandro Heights one of the best neighborhoods in Riverside?

Alessandro Heights has a Best Neighborhoods USA Index of 65.0 and a city ranking of #2 of 27 eligible neighborhoods in Riverside.

How much are homes worth in Alessandro Heights?

The current Zillow Home Value Index for Alessandro Heights is approximately $1,348,687.

Are home values rising or falling in Alessandro Heights?

Zillow neighborhood values changed 0.4% year over year and 0.24% month over month.

What is the Neighborhood Momentum Score for Alessandro Heights?

Alessandro Heights has a Neighborhood Momentum Score of 54.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Alessandro Heights?

The NDS-derived neighborhood median household income is approximately $189,368.

How affordable is Alessandro Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 7.12. Price-to-income affordability is a major Value Opportunity input.

Is Alessandro Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 97.8%.

What is the unemployment rate in Alessandro Heights?

The NDS-derived civilian unemployment rate is approximately 4.2%.

How educated are residents of Alessandro Heights?

Approximately 49.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Alessandro Heights face high rent burden?

Approximately 38.5% 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 Alessandro Heights?

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 applications180
Estimated originations83
Home-purchase applications72
Origination rate46.3%
Home-purchase share39.9%
Average application loan$566,561
Total application loan amount$102,179,684
National application rank#2,377 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -13.5% 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.