What is the Best Neighborhoods USA ranking for Belltown?
Belltown is ranked #72 of 88 eligible neighborhoods in Seattle; #403 of 533 eligible neighborhoods in WA; and #10,741 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Belltown
Seattle, WA | King County
Scored premium profile
Best Neighborhoods USA Index
41.0
Stability and Strength
60.1
Value Opportunity
46.9
Momentum
2.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Seattle, WA |
| County | King County |
| National rank | #10,741 of 14,967 |
| State rank | #403 of 533 |
| City rank | #72 of 88 |
| County rank | #240 of 287 |
| National percentile | 28.2 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,276,387 |
| Year-over-year home value change | -7.3% |
| Month-over-month home value change | -1.82% |
| Home value to income ratio | 9.91 |
| Median household income | $128,744 |
| Bachelor's degree or higher | 76.4% |
| Civilian unemployment rate | 4.9% |
| Homeownership rate | 21.0% |
| Housing vacancy rate | 13.7% |
| Rent burden 30% or higher | 38.5% |
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 Belltown
Is Belltown one of the best neighborhoods in Seattle?
Belltown has a Best Neighborhoods USA Index of 41.0 and a city ranking of #72 of 88 eligible neighborhoods in Seattle.
How much are homes worth in Belltown?
The current Zillow Home Value Index for Belltown is approximately $1,276,387.
Are home values rising or falling in Belltown?
Zillow neighborhood values changed -7.3% year over year and -1.82% month over month.
What is the Neighborhood Momentum Score for Belltown?
Belltown has a Neighborhood Momentum Score of 2.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Belltown?
The NDS-derived neighborhood median household income is approximately $128,744.
How affordable is Belltown relative to household income?
The current Zillow home-value-to-household-income ratio is 9.91. Price-to-income affordability is a major Value Opportunity input.
Is Belltown primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 21.0%.
What is the unemployment rate in Belltown?
The NDS-derived civilian unemployment rate is approximately 4.9%.
How educated are residents of Belltown?
Approximately 76.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Belltown face high rent burden?
Approximately 38.5% 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 Belltown?
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 applications221
Estimated originations136
Home-purchase applications165
Origination rate61.7%
Home-purchase share74.6%
Average application loan$733,755
Total application loan amount$162,114,146
National application rank#1,803 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 14.5% YoY; originations 15.6% 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.