What is the Best Neighborhoods USA ranking for Belt Center?
Belt Center is ranked #50 of 113 eligible neighborhoods in Richmond; #257 of 518 eligible neighborhoods in VA; and #6,066 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Belt Center
Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
54.1
Stability and Strength
45.5
Value Opportunity
58.1
Momentum
62.3
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 | #6,066 of 14,967 |
| State rank | #257 of 518 |
| City rank | #50 of 113 |
| County rank | #50 of 113 |
| National percentile | 59.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $204,993 |
| Year-over-year home value change | 1.3% |
| Month-over-month home value change | 0.30% |
| Home value to income ratio | 3.33 |
| Median household income | $61,647 |
| Bachelor's degree or higher | 25.0% |
| Civilian unemployment rate | 4.4% |
| Homeownership rate | 66.4% |
| Housing vacancy rate | 5.5% |
| Rent burden 30% or higher | 48.9% |
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 Belt Center
Is Belt Center one of the best neighborhoods in Richmond?
Belt Center has a Best Neighborhoods USA Index of 54.1 and a city ranking of #50 of 113 eligible neighborhoods in Richmond.
How much are homes worth in Belt Center?
The current Zillow Home Value Index for Belt Center is approximately $204,993.
Are home values rising or falling in Belt Center?
Zillow neighborhood values changed 1.3% year over year and 0.30% month over month.
What is the Neighborhood Momentum Score for Belt Center?
Belt Center 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 Belt Center?
The NDS-derived neighborhood median household income is approximately $61,647.
How affordable is Belt Center relative to household income?
The current Zillow home-value-to-household-income ratio is 3.33. Price-to-income affordability is a major Value Opportunity input.
Is Belt Center primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.4%.
What is the unemployment rate in Belt Center?
The NDS-derived civilian unemployment rate is approximately 4.4%.
How educated are residents of Belt Center?
Approximately 25.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Belt Center face high rent burden?
Approximately 48.9% 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 Belt Center?
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 applications36
Estimated originations21
Home-purchase applications15
Origination rate59.1%
Home-purchase share42.7%
Average application loan$178,115
Total application loan amount$6,396,787
National application rank#8,557 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.2% YoY; originations 3.8% 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.