Neighborhood Profile

Leeway

Arlington, VA | Arlington County
Scored premium profile
Best Neighborhoods USA Index
68.0
National rank: #1,754 of 14,967
Stability and Strength
77.7
Score
Value Opportunity
58.6
Score
Momentum
65.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationArlington, VA
CountyArlington County
National rank#1,754 of 14,967
State rank#75 of 518
City rank#9 of 50
County rank#9 of 50
National percentile88.3
National bandTOP_25_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$1,375,227
Year-over-year home value change1.9%
Month-over-month home value change0.28%
Home value to income ratio9.46
Median household income$145,317
Bachelor's degree or higher74.7%
Civilian unemployment rate2.5%
Homeownership rate86.3%
Housing vacancy rate1.8%
Rent burden 30% or higher77.7%

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 Leeway

What is the Best Neighborhoods USA ranking for Leeway?

Leeway is ranked #9 of 50 eligible neighborhoods in Arlington; #75 of 518 eligible neighborhoods in VA; and #1,754 of 14,967 eligible neighborhoods in the United States.

Is Leeway one of the best neighborhoods in Arlington?

Leeway has a Best Neighborhoods USA Index of 68.0 and a city ranking of #9 of 50 eligible neighborhoods in Arlington.

How much are homes worth in Leeway?

The current Zillow Home Value Index for Leeway is approximately $1,375,227.

Are home values rising or falling in Leeway?

Zillow neighborhood values changed 1.9% year over year and 0.28% month over month.

What is the Neighborhood Momentum Score for Leeway?

Leeway has a Neighborhood Momentum Score of 65.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Leeway?

The NDS-derived neighborhood median household income is approximately $145,317.

How affordable is Leeway relative to household income?

The current Zillow home-value-to-household-income ratio is 9.46. Price-to-income affordability is a major Value Opportunity input.

Is Leeway primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 86.3%.

What is the unemployment rate in Leeway?

The NDS-derived civilian unemployment rate is approximately 2.5%.

How educated are residents of Leeway?

Approximately 74.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Leeway face high rent burden?

Approximately 77.7% 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 Leeway?

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 applications53
Estimated originations35
Home-purchase applications25
Origination rate66.4%
Home-purchase share47.0%
Average application loan$870,319
Total application loan amount$46,011,337
National application rank#7,018 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.9% YoY; originations 8.8% 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.