What is the Best Neighborhoods USA ranking for Richmond Estates?
Richmond Estates is ranked #85 of 111 eligible neighborhoods in Orlando; #955 of 1,145 eligible neighborhoods in FL; and #13,271 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Richmond Estates
Orlando, FL | Orange County
Scored premium profile
Best Neighborhoods USA Index
31.2
Stability and Strength
31.9
Value Opportunity
31.2
Momentum
30.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Orlando, FL |
| County | Orange County |
| National rank | #13,271 of 14,967 |
| State rank | #955 of 1,145 |
| City rank | #85 of 111 |
| County rank | #85 of 111 |
| National percentile | 11.3 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $241,673 |
| Year-over-year home value change | -0.3% |
| Month-over-month home value change | -0.83% |
| Home value to income ratio | 4.60 |
| Median household income | $52,528 |
| Bachelor's degree or higher | 15.3% |
| Civilian unemployment rate | 24.5% |
| Homeownership rate | 86.7% |
| Housing vacancy rate | 33.5% |
| Rent burden 30% or higher | 0.1% |
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 Richmond Estates
Is Richmond Estates one of the best neighborhoods in Orlando?
Richmond Estates has a Best Neighborhoods USA Index of 31.2 and a city ranking of #85 of 111 eligible neighborhoods in Orlando.
How much are homes worth in Richmond Estates?
The current Zillow Home Value Index for Richmond Estates is approximately $241,673.
Are home values rising or falling in Richmond Estates?
Zillow neighborhood values changed -0.3% year over year and -0.83% month over month.
What is the Neighborhood Momentum Score for Richmond Estates?
Richmond Estates has a Neighborhood Momentum Score of 30.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Richmond Estates?
The NDS-derived neighborhood median household income is approximately $52,528.
How affordable is Richmond Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 4.60. Price-to-income affordability is a major Value Opportunity input.
Is Richmond Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 86.7%.
What is the unemployment rate in Richmond Estates?
The NDS-derived civilian unemployment rate is approximately 24.5%.
How educated are residents of Richmond Estates?
Approximately 15.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Richmond Estates face high rent burden?
Approximately 0.1% 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 Richmond Estates?
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 applications44
Estimated originations23
Home-purchase applications21
Origination rate52.4%
Home-purchase share47.1%
Average application loan$174,879
Total application loan amount$7,732,254
National application rank#7,737 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.0% YoY; originations 4.7% 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.