What is the Best Neighborhoods USA ranking for Redwood Village?
Redwood Village is ranked #71 of 111 eligible neighborhoods in San Diego; #1,278 of 1,814 eligible neighborhoods in CA; and #10,351 of 14,967 eligible neighborhoods in the United States.
Is Redwood Village one of the best neighborhoods in San Diego?
Redwood Village has a Best Neighborhoods USA Index of 42.1 and a city ranking of #71 of 111 eligible neighborhoods in San Diego.
How much are homes worth in Redwood Village?
The current Zillow Home Value Index for Redwood Village is approximately $726,622.
Are home values rising or falling in Redwood Village?
Zillow neighborhood values changed 0.8% year over year and 0.17% month over month.
What is the Neighborhood Momentum Score for Redwood Village?
Redwood Village has a Neighborhood Momentum Score of 55.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Redwood Village?
The NDS-derived neighborhood median household income is approximately $46,997.
How affordable is Redwood Village relative to household income?
The current Zillow home-value-to-household-income ratio is 15.46. Price-to-income affordability is a major Value Opportunity input.
Is Redwood Village primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 56.8%.
What is the unemployment rate in Redwood Village?
The NDS-derived civilian unemployment rate is approximately 3.0%.
How educated are residents of Redwood Village?
Approximately 26.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Redwood Village face high rent burden?
Approximately 68.2% 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 Redwood Village?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.