What is the Best Neighborhoods USA ranking for Chimborazo?
Chimborazo is ranked #78 of 113 eligible neighborhoods in Richmond; #406 of 518 eligible neighborhoods in VA; and #10,102 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Chimborazo
Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
42.9
Stability and Strength
31.0
Value Opportunity
31.4
Momentum
77.8
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 | #10,102 of 14,967 |
| State rank | #406 of 518 |
| City rank | #78 of 113 |
| County rank | #78 of 113 |
| National percentile | 32.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $453,640 |
| Year-over-year home value change | 3.3% |
| Month-over-month home value change | 0.49% |
| Home value to income ratio | 7.59 |
| Median household income | $59,766 |
| Bachelor's degree or higher | 46.0% |
| Civilian unemployment rate | 10.7% |
| Homeownership rate | 41.8% |
| Housing vacancy rate | 9.7% |
| Rent burden 30% or higher | 70.1% |
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 Chimborazo
Is Chimborazo one of the best neighborhoods in Richmond?
Chimborazo has a Best Neighborhoods USA Index of 42.9 and a city ranking of #78 of 113 eligible neighborhoods in Richmond.
How much are homes worth in Chimborazo?
The current Zillow Home Value Index for Chimborazo is approximately $453,640.
Are home values rising or falling in Chimborazo?
Zillow neighborhood values changed 3.3% year over year and 0.49% month over month.
What is the Neighborhood Momentum Score for Chimborazo?
Chimborazo has a Neighborhood Momentum Score of 77.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Chimborazo?
The NDS-derived neighborhood median household income is approximately $59,766.
How affordable is Chimborazo relative to household income?
The current Zillow home-value-to-household-income ratio is 7.59. Price-to-income affordability is a major Value Opportunity input.
Is Chimborazo primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 41.8%.
What is the unemployment rate in Chimborazo?
The NDS-derived civilian unemployment rate is approximately 10.7%.
How educated are residents of Chimborazo?
Approximately 46.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Chimborazo face high rent burden?
Approximately 70.1% 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 Chimborazo?
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 applications54
Estimated originations36
Home-purchase applications31
Origination rate67.2%
Home-purchase share57.5%
Average application loan$340,246
Total application loan amount$18,398,483
National application rank#6,928 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -16.5% YoY; originations -18.3% 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.