What is the Best Neighborhoods USA ranking for Deep Creek South?
Deep Creek South is ranked #2 of 14 eligible neighborhoods in Chesapeake; #29 of 518 eligible neighborhoods in VA; and #893 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Deep Creek South
Chesapeake, VA | Chesapeake City
Scored premium profile
Best Neighborhoods USA Index
72.8
Stability and Strength
73.0
Value Opportunity
74.9
Momentum
69.5
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 | #893 of 14,967 |
| State rank | #29 of 518 |
| City rank | #2 of 14 |
| County rank | #2 of 14 |
| National percentile | 94.0 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $522,996 |
| Year-over-year home value change | 2.3% |
| Month-over-month home value change | 0.34% |
| Home value to income ratio | 3.66 |
| Median household income | $142,820 |
| Bachelor's degree or higher | 48.8% |
| Civilian unemployment rate | 4.0% |
| Homeownership rate | 92.2% |
| Housing vacancy rate | 2.0% |
| Rent burden 30% or higher | 54.7% |
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 South
Is Deep Creek South one of the best neighborhoods in Chesapeake?
Deep Creek South has a Best Neighborhoods USA Index of 72.8 and a city ranking of #2 of 14 eligible neighborhoods in Chesapeake.
How much are homes worth in Deep Creek South?
The current Zillow Home Value Index for Deep Creek South is approximately $522,996.
Are home values rising or falling in Deep Creek South?
Zillow neighborhood values changed 2.3% year over year and 0.34% month over month.
What is the Neighborhood Momentum Score for Deep Creek South?
Deep Creek South has a Neighborhood Momentum Score of 69.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Deep Creek South?
The NDS-derived neighborhood median household income is approximately $142,820.
How affordable is Deep Creek South relative to household income?
The current Zillow home-value-to-household-income ratio is 3.66. Price-to-income affordability is a major Value Opportunity input.
Is Deep Creek South primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 92.2%.
What is the unemployment rate in Deep Creek South?
The NDS-derived civilian unemployment rate is approximately 4.0%.
How educated are residents of Deep Creek South?
Approximately 48.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Deep Creek South face high rent burden?
Approximately 54.7% 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 South?
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 applications635
Estimated originations382
Home-purchase applications228
Origination rate60.2%
Home-purchase share35.9%
Average application loan$296,920
Total application loan amount$188,438,663
National application rank#379 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.2% YoY; originations 13.7% 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.