Neighborhood Profile

Beaufont

Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
33.2
National rank: #12,812 of 14,967
Stability and Strength
29.6
Score
Value Opportunity
28.4
Score
Momentum
45.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRichmond, VA
CountyRichmond City
National rank#12,812 of 14,967
State rank#479 of 518
City rank#97 of 113
County rank#97 of 113
National percentile14.4
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$278,345
Year-over-year home value change1.9%
Month-over-month home value change-0.94%
Home value to income ratio6.29
Median household income$44,224
Bachelor's degree or higher25.5%
Civilian unemployment rate9.9%
Homeownership rate47.7%
Housing vacancy rate9.7%
Rent burden 30% or higher36.4%

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 Beaufont

What is the Best Neighborhoods USA ranking for Beaufont?

Beaufont is ranked #97 of 113 eligible neighborhoods in Richmond; #479 of 518 eligible neighborhoods in VA; and #12,812 of 14,967 eligible neighborhoods in the United States.

Is Beaufont one of the best neighborhoods in Richmond?

Beaufont has a Best Neighborhoods USA Index of 33.2 and a city ranking of #97 of 113 eligible neighborhoods in Richmond.

How much are homes worth in Beaufont?

The current Zillow Home Value Index for Beaufont is approximately $278,345.

Are home values rising or falling in Beaufont?

Zillow neighborhood values changed 1.9% year over year and -0.94% month over month.

What is the Neighborhood Momentum Score for Beaufont?

Beaufont has a Neighborhood Momentum Score of 45.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Beaufont?

The NDS-derived neighborhood median household income is approximately $44,224.

How affordable is Beaufont relative to household income?

The current Zillow home-value-to-household-income ratio is 6.29. Price-to-income affordability is a major Value Opportunity input.

Is Beaufont primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 47.7%.

What is the unemployment rate in Beaufont?

The NDS-derived civilian unemployment rate is approximately 9.9%.

How educated are residents of Beaufont?

Approximately 25.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Beaufont face high rent burden?

Approximately 36.4% 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 Beaufont?

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 applications44
Estimated originations26
Home-purchase applications22
Origination rate58.7%
Home-purchase share49.9%
Average application loan$606,258
Total application loan amount$26,575,980
National application rank#7,769 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 63.3% YoY; originations 51.6% 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.