Neighborhood Profile

Richardson Village

Sacramento, CA | Sacramento County
Scored premium profile
Best Neighborhoods USA Index
20.8
National rank: #14,597 of 14,967
Stability and Strength
20.1
Score
Value Opportunity
22.3
Score
Momentum
20.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSacramento, CA
CountySacramento County
National rank#14,597 of 14,967
State rank#1,781 of 1,814
City rank#100 of 101
County rank#143 of 144
National percentile2.5
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$342,797
Year-over-year home value change-2.6%
Month-over-month home value change-0.24%
Home value to income ratio6.80
Median household income$50,384
Bachelor's degree or higher6.2%
Civilian unemployment rate10.1%
Homeownership rate49.8%
Housing vacancy rate12.9%
Rent burden 30% or higher58.4%

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 Richardson Village

What is the Best Neighborhoods USA ranking for Richardson Village?

Richardson Village is ranked #100 of 101 eligible neighborhoods in Sacramento; #1,781 of 1,814 eligible neighborhoods in CA; and #14,597 of 14,967 eligible neighborhoods in the United States.

Is Richardson Village one of the best neighborhoods in Sacramento?

Richardson Village has a Best Neighborhoods USA Index of 20.8 and a city ranking of #100 of 101 eligible neighborhoods in Sacramento.

How much are homes worth in Richardson Village?

The current Zillow Home Value Index for Richardson Village is approximately $342,797.

Are home values rising or falling in Richardson Village?

Zillow neighborhood values changed -2.6% year over year and -0.24% month over month.

What is the Neighborhood Momentum Score for Richardson Village?

Richardson Village has a Neighborhood Momentum Score of 20.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Richardson Village?

The NDS-derived neighborhood median household income is approximately $50,384.

How affordable is Richardson Village relative to household income?

The current Zillow home-value-to-household-income ratio is 6.80. Price-to-income affordability is a major Value Opportunity input.

Is Richardson Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 49.8%.

What is the unemployment rate in Richardson Village?

The NDS-derived civilian unemployment rate is approximately 10.1%.

How educated are residents of Richardson Village?

Approximately 6.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Richardson Village face high rent burden?

Approximately 58.4% 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 Richardson Village?

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 applications24
Estimated originations12
Home-purchase applications17
Origination rate48.4%
Home-purchase share70.5%
Average application loan$289,358
Total application loan amount$6,995,293
National application rank#10,016 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.4% YoY; originations 25.1% 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.