What is the Best Neighborhoods USA ranking for Ridgemoor?
Ridgemoor is ranked #4 of 30 eligible neighborhoods in Grand Rapids; #39 of 334 eligible neighborhoods in MI; and #1,003 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Ridgemoor
Grand Rapids, MI | Kent County
Scored premium profile
Best Neighborhoods USA Index
72.0
Stability and Strength
66.7
Value Opportunity
63.9
Momentum
92.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Grand Rapids, MI |
| County | Kent County |
| National rank | #1,003 of 14,967 |
| State rank | #39 of 334 |
| City rank | #4 of 30 |
| County rank | #4 of 30 |
| National percentile | 93.3 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $464,494 |
| Year-over-year home value change | 7.0% |
| Month-over-month home value change | 0.61% |
| Home value to income ratio | 5.07 |
| Median household income | $91,544 |
| Bachelor's degree or higher | 58.9% |
| Civilian unemployment rate | 0.6% |
| Homeownership rate | 68.7% |
| Housing vacancy rate | 6.2% |
| Rent burden 30% or higher | 62.1% |
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 Ridgemoor
Is Ridgemoor one of the best neighborhoods in Grand Rapids?
Ridgemoor has a Best Neighborhoods USA Index of 72.0 and a city ranking of #4 of 30 eligible neighborhoods in Grand Rapids.
How much are homes worth in Ridgemoor?
The current Zillow Home Value Index for Ridgemoor is approximately $464,494.
Are home values rising or falling in Ridgemoor?
Zillow neighborhood values changed 7.0% year over year and 0.61% month over month.
What is the Neighborhood Momentum Score for Ridgemoor?
Ridgemoor has a Neighborhood Momentum Score of 92.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Ridgemoor?
The NDS-derived neighborhood median household income is approximately $91,544.
How affordable is Ridgemoor relative to household income?
The current Zillow home-value-to-household-income ratio is 5.07. Price-to-income affordability is a major Value Opportunity input.
Is Ridgemoor primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 68.7%.
What is the unemployment rate in Ridgemoor?
The NDS-derived civilian unemployment rate is approximately 0.6%.
How educated are residents of Ridgemoor?
Approximately 58.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Ridgemoor face high rent burden?
Approximately 62.1% 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 Ridgemoor?
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 applications56
Estimated originations38
Home-purchase applications24
Origination rate66.7%
Home-purchase share42.2%
Average application loan$252,501
Total application loan amount$14,257,893
National application rank#6,758 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 2.3% YoY; originations -10.9% 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.