Neighborhood Profile

Canyon Crest

Riverside, CA | Riverside County
Scored premium profile
Best Neighborhoods USA Index
49.4
National rank: #7,854 of 14,967
Stability and Strength
53.6
Score
Value Opportunity
43.9
Score
Momentum
50.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRiverside, CA
CountyRiverside County
National rank#7,854 of 14,967
State rank#919 of 1,814
City rank#11 of 27
County rank#35 of 113
National percentile47.5
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$794,289
Year-over-year home value change0.9%
Month-over-month home value change-0.03%
Home value to income ratio8.98
Median household income$88,438
Bachelor's degree or higher47.0%
Civilian unemployment rate3.6%
Homeownership rate52.4%
Housing vacancy rate6.1%
Rent burden 30% or higher62.6%

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 Canyon Crest

What is the Best Neighborhoods USA ranking for Canyon Crest?

Canyon Crest is ranked #11 of 27 eligible neighborhoods in Riverside; #919 of 1,814 eligible neighborhoods in CA; and #7,854 of 14,967 eligible neighborhoods in the United States.

Is Canyon Crest one of the best neighborhoods in Riverside?

Canyon Crest has a Best Neighborhoods USA Index of 49.4 and a city ranking of #11 of 27 eligible neighborhoods in Riverside.

How much are homes worth in Canyon Crest?

The current Zillow Home Value Index for Canyon Crest is approximately $794,289.

Are home values rising or falling in Canyon Crest?

Zillow neighborhood values changed 0.9% year over year and -0.03% month over month.

What is the Neighborhood Momentum Score for Canyon Crest?

Canyon Crest has a Neighborhood Momentum Score of 50.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Canyon Crest?

The NDS-derived neighborhood median household income is approximately $88,438.

How affordable is Canyon Crest relative to household income?

The current Zillow home-value-to-household-income ratio is 8.98. Price-to-income affordability is a major Value Opportunity input.

Is Canyon Crest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 52.4%.

What is the unemployment rate in Canyon Crest?

The NDS-derived civilian unemployment rate is approximately 3.6%.

How educated are residents of Canyon Crest?

Approximately 47.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Canyon Crest face high rent burden?

Approximately 62.6% 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 Canyon Crest?

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 applications427
Estimated originations251
Home-purchase applications160
Origination rate58.8%
Home-purchase share37.6%
Average application loan$398,020
Total application loan amount$169,901,910
National application rank#699 of 14,874 rankable neighborhoods
Geometry coverage99.9%
Recent trend: Applications 13.6% YoY; originations 12.6% 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.