What is the Best Neighborhoods USA ranking for Bellemeade?
Bellemeade is ranked #109 of 113 eligible neighborhoods in Richmond; #514 of 518 eligible neighborhoods in VA; and #14,798 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Bellemeade
Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
17.2
Stability and Strength
17.4
Value Opportunity
23.2
Momentum
8.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Richmond, VA |
| County | Richmond City |
| National rank | #14,798 of 14,967 |
| State rank | #514 of 518 |
| City rank | #109 of 113 |
| County rank | #109 of 113 |
| National percentile | 1.1 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $195,373 |
| Year-over-year home value change | -3.9% |
| Month-over-month home value change | -1.04% |
| Home value to income ratio | 6.72 |
| Median household income | $29,074 |
| Bachelor's degree or higher | 9.8% |
| Civilian unemployment rate | 9.1% |
| Homeownership rate | 40.2% |
| Housing vacancy rate | 7.3% |
| Rent burden 30% or higher | 63.3% |
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 Bellemeade
Is Bellemeade one of the best neighborhoods in Richmond?
Bellemeade has a Best Neighborhoods USA Index of 17.2 and a city ranking of #109 of 113 eligible neighborhoods in Richmond.
How much are homes worth in Bellemeade?
The current Zillow Home Value Index for Bellemeade is approximately $195,373.
Are home values rising or falling in Bellemeade?
Zillow neighborhood values changed -3.9% year over year and -1.04% month over month.
What is the Neighborhood Momentum Score for Bellemeade?
Bellemeade has a Neighborhood Momentum Score of 8.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Bellemeade?
The NDS-derived neighborhood median household income is approximately $29,074.
How affordable is Bellemeade relative to household income?
The current Zillow home-value-to-household-income ratio is 6.72. Price-to-income affordability is a major Value Opportunity input.
Is Bellemeade primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 40.2%.
What is the unemployment rate in Bellemeade?
The NDS-derived civilian unemployment rate is approximately 9.1%.
How educated are residents of Bellemeade?
Approximately 9.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Bellemeade face high rent burden?
Approximately 63.3% 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 Bellemeade?
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 applications19
Estimated originations11
Home-purchase applications12
Origination rate56.3%
Home-purchase share65.2%
Average application loan$161,409
Total application loan amount$3,073,057
National application rank#10,785 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -14.4% YoY; originations -28.3% 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.