Neighborhood Profile

Cullenwood

Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
40.9
National rank: #10,745 of 14,967
Stability and Strength
46.1
Score
Value Opportunity
22.6
Score
Momentum
58.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRichmond, VA
CountyRichmond City
National rank#10,745 of 14,967
State rank#427 of 518
City rank#83 of 113
County rank#83 of 113
National percentile28.2
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$268,946
Year-over-year home value change1.0%
Month-over-month home value change0.22%
Home value to income ratio253,300.34
Median household income$1
Bachelor's degree or higher6.8%
Civilian unemployment rate0.0%
Homeownership rate65.9%
Housing vacancy rate3.6%
Rent burden 30% or higher12.5%

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 Cullenwood

What is the Best Neighborhoods USA ranking for Cullenwood?

Cullenwood is ranked #83 of 113 eligible neighborhoods in Richmond; #427 of 518 eligible neighborhoods in VA; and #10,745 of 14,967 eligible neighborhoods in the United States.

Is Cullenwood one of the best neighborhoods in Richmond?

Cullenwood has a Best Neighborhoods USA Index of 40.9 and a city ranking of #83 of 113 eligible neighborhoods in Richmond.

How much are homes worth in Cullenwood?

The current Zillow Home Value Index for Cullenwood is approximately $268,946.

Are home values rising or falling in Cullenwood?

Zillow neighborhood values changed 1.0% year over year and 0.22% month over month.

What is the Neighborhood Momentum Score for Cullenwood?

Cullenwood has a Neighborhood Momentum Score of 58.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Cullenwood?

The NDS-derived neighborhood median household income is approximately $1.

How affordable is Cullenwood relative to household income?

The current Zillow home-value-to-household-income ratio is 253,300.34. Price-to-income affordability is a major Value Opportunity input.

Is Cullenwood primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 65.9%.

What is the unemployment rate in Cullenwood?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Cullenwood?

Approximately 6.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Cullenwood face high rent burden?

Approximately 12.5% 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 Cullenwood?

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 applications11
Estimated originations6
Home-purchase applications3
Origination rate57.0%
Home-purchase share32.2%
Average application loan$226,735
Total application loan amount$2,454,316
National application rank#12,330 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.0% YoY; originations 27.8% 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.