What is the Best Neighborhoods USA ranking for Deep Creek North?
Deep Creek North is ranked #13 of 14 eligible neighborhoods in Chesapeake; #265 of 518 eligible neighborhoods in VA; and #6,272 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Deep Creek North
Chesapeake, VA | Chesapeake City
Scored premium profile
Best Neighborhoods USA Index
53.6
Stability and Strength
42.0
Value Opportunity
47.7
Momentum
80.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Chesapeake, VA |
| County | Chesapeake City |
| National rank | #6,272 of 14,967 |
| State rank | #265 of 518 |
| City rank | #13 of 14 |
| County rank | #13 of 14 |
| National percentile | 58.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $348,956 |
| Year-over-year home value change | 3.8% |
| Month-over-month home value change | 0.47% |
| Home value to income ratio | 4.44 |
| Median household income | $78,625 |
| Bachelor's degree or higher | 19.2% |
| Civilian unemployment rate | 8.9% |
| Homeownership rate | 80.2% |
| Housing vacancy rate | 4.5% |
| Rent burden 30% or higher | 60.8% |
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 Deep Creek North
Is Deep Creek North one of the best neighborhoods in Chesapeake?
Deep Creek North has a Best Neighborhoods USA Index of 53.6 and a city ranking of #13 of 14 eligible neighborhoods in Chesapeake.
How much are homes worth in Deep Creek North?
The current Zillow Home Value Index for Deep Creek North is approximately $348,956.
Are home values rising or falling in Deep Creek North?
Zillow neighborhood values changed 3.8% year over year and 0.47% month over month.
What is the Neighborhood Momentum Score for Deep Creek North?
Deep Creek North has a Neighborhood Momentum Score of 80.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Deep Creek North?
The NDS-derived neighborhood median household income is approximately $78,625.
How affordable is Deep Creek North relative to household income?
The current Zillow home-value-to-household-income ratio is 4.44. Price-to-income affordability is a major Value Opportunity input.
Is Deep Creek North primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 80.2%.
What is the unemployment rate in Deep Creek North?
The NDS-derived civilian unemployment rate is approximately 8.9%.
How educated are residents of Deep Creek North?
Approximately 19.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Deep Creek North face high rent burden?
Approximately 60.8% 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 Deep Creek North?
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 applications863
Estimated originations486
Home-purchase applications326
Origination rate56.3%
Home-purchase share37.8%
Average application loan$249,414
Total application loan amount$215,180,689
National application rank#231 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 22.6% YoY; originations 19.9% 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.