Neighborhood Profile

Blackwell

Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
38.9
National rank: #11,342 of 14,967
Stability and Strength
33.1
Score
Value Opportunity
36.3
Score
Momentum
51.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRichmond, VA
CountyRichmond City
National rank#11,342 of 14,967
State rank#439 of 518
City rank#89 of 113
County rank#89 of 113
National percentile24.2
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$275,225
Year-over-year home value change2.0%
Month-over-month home value change-0.25%
Home value to income ratio5.91
Median household income$46,536
Bachelor's degree or higher30.7%
Civilian unemployment rate3.6%
Homeownership rate31.1%
Housing vacancy rate18.4%
Rent burden 30% or higher50.4%

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 Blackwell

What is the Best Neighborhoods USA ranking for Blackwell?

Blackwell is ranked #89 of 113 eligible neighborhoods in Richmond; #439 of 518 eligible neighborhoods in VA; and #11,342 of 14,967 eligible neighborhoods in the United States.

Is Blackwell one of the best neighborhoods in Richmond?

Blackwell has a Best Neighborhoods USA Index of 38.9 and a city ranking of #89 of 113 eligible neighborhoods in Richmond.

How much are homes worth in Blackwell?

The current Zillow Home Value Index for Blackwell is approximately $275,225.

Are home values rising or falling in Blackwell?

Zillow neighborhood values changed 2.0% year over year and -0.25% month over month.

What is the Neighborhood Momentum Score for Blackwell?

Blackwell has a Neighborhood Momentum Score of 51.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Blackwell?

The NDS-derived neighborhood median household income is approximately $46,536.

How affordable is Blackwell relative to household income?

The current Zillow home-value-to-household-income ratio is 5.91. Price-to-income affordability is a major Value Opportunity input.

Is Blackwell primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 31.1%.

What is the unemployment rate in Blackwell?

The NDS-derived civilian unemployment rate is approximately 3.6%.

How educated are residents of Blackwell?

Approximately 30.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Blackwell face high rent burden?

Approximately 50.4% 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 Blackwell?

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 applications51
Estimated originations32
Home-purchase applications32
Origination rate63.9%
Home-purchase share63.9%
Average application loan$238,065
Total application loan amount$12,092,841
National application rank#7,171 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 1.6% YoY; originations 2.5% 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.