What is the Best Neighborhoods USA ranking for Waverly Hills?
Waverly Hills is ranked #24 of 50 eligible neighborhoods in Arlington; #173 of 518 eligible neighborhoods in VA; and #4,097 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Waverly Hills
Arlington, VA | Arlington County
Scored premium profile
Best Neighborhoods USA Index
59.9
Stability and Strength
67.8
Value Opportunity
49.1
Momentum
62.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Arlington, VA |
| County | Arlington County |
| National rank | #4,097 of 14,967 |
| State rank | #173 of 518 |
| City rank | #24 of 50 |
| County rank | #24 of 50 |
| National percentile | 72.7 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,212,454 |
| Year-over-year home value change | 1.4% |
| Month-over-month home value change | 0.28% |
| Home value to income ratio | 11.97 |
| Median household income | $101,262 |
| Bachelor's degree or higher | 68.8% |
| Civilian unemployment rate | 0.9% |
| Homeownership rate | 41.3% |
| Housing vacancy rate | 8.7% |
| Rent burden 30% or higher | 39.9% |
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 Waverly Hills
Is Waverly Hills one of the best neighborhoods in Arlington?
Waverly Hills has a Best Neighborhoods USA Index of 59.9 and a city ranking of #24 of 50 eligible neighborhoods in Arlington.
How much are homes worth in Waverly Hills?
The current Zillow Home Value Index for Waverly Hills is approximately $1,212,454.
Are home values rising or falling in Waverly Hills?
Zillow neighborhood values changed 1.4% year over year and 0.28% month over month.
What is the Neighborhood Momentum Score for Waverly Hills?
Waverly Hills has a Neighborhood Momentum Score of 62.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Waverly Hills?
The NDS-derived neighborhood median household income is approximately $101,262.
How affordable is Waverly Hills relative to household income?
The current Zillow home-value-to-household-income ratio is 11.97. Price-to-income affordability is a major Value Opportunity input.
Is Waverly Hills primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 41.3%.
What is the unemployment rate in Waverly Hills?
The NDS-derived civilian unemployment rate is approximately 0.9%.
How educated are residents of Waverly Hills?
Approximately 68.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Waverly Hills face high rent burden?
Approximately 39.9% 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 Waverly Hills?
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 applications62
Estimated originations40
Home-purchase applications32
Origination rate64.3%
Home-purchase share51.1%
Average application loan$554,046
Total application loan amount$34,373,374
National application rank#6,351 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.3% YoY; originations 16.0% 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.