Neighborhood Profile

Tara-Leeway Heights

Arlington, VA | Arlington County
Scored premium profile
Best Neighborhoods USA Index
64.2
National rank: #2,695 of 14,967
Stability and Strength
76.2
Score
Value Opportunity
52.1
Score
Momentum
61.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationArlington, VA
CountyArlington County
National rank#2,695 of 14,967
State rank#114 of 518
City rank#14 of 50
County rank#14 of 50
National percentile82.0
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,329,325
Year-over-year home value change0.7%
Month-over-month home value change0.51%
Home value to income ratio10.53
Median household income$126,260
Bachelor's degree or higher74.5%
Civilian unemployment rate4.7%
Homeownership rate85.3%
Housing vacancy rate2.2%
Rent burden 30% or higher46.4%

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 Tara-Leeway Heights

What is the Best Neighborhoods USA ranking for Tara-Leeway Heights?

Tara-Leeway Heights is ranked #14 of 50 eligible neighborhoods in Arlington; #114 of 518 eligible neighborhoods in VA; and #2,695 of 14,967 eligible neighborhoods in the United States.

Is Tara-Leeway Heights one of the best neighborhoods in Arlington?

Tara-Leeway Heights has a Best Neighborhoods USA Index of 64.2 and a city ranking of #14 of 50 eligible neighborhoods in Arlington.

How much are homes worth in Tara-Leeway Heights?

The current Zillow Home Value Index for Tara-Leeway Heights is approximately $1,329,325.

Are home values rising or falling in Tara-Leeway Heights?

Zillow neighborhood values changed 0.7% year over year and 0.51% month over month.

What is the Neighborhood Momentum Score for Tara-Leeway Heights?

Tara-Leeway Heights has a Neighborhood Momentum Score of 61.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tara-Leeway Heights?

The NDS-derived neighborhood median household income is approximately $126,260.

How affordable is Tara-Leeway Heights relative to household income?

The current Zillow home-value-to-household-income ratio is 10.53. Price-to-income affordability is a major Value Opportunity input.

Is Tara-Leeway Heights primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 85.3%.

What is the unemployment rate in Tara-Leeway Heights?

The NDS-derived civilian unemployment rate is approximately 4.7%.

How educated are residents of Tara-Leeway Heights?

Approximately 74.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tara-Leeway Heights face high rent burden?

Approximately 46.4% 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 Tara-Leeway Heights?

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 applications48
Estimated originations34
Home-purchase applications21
Origination rate71.3%
Home-purchase share44.1%
Average application loan$678,023
Total application loan amount$32,592,605
National application rank#7,394 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.9% YoY; originations 3.6% 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.