What is the Best Neighborhoods USA ranking for Great Bridge East?
Great Bridge East is ranked #1 of 14 eligible neighborhoods in Chesapeake; #27 of 518 eligible neighborhoods in VA; and #790 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Great Bridge East
Chesapeake, VA | Chesapeake City
Scored premium profile
Best Neighborhoods USA Index
73.6
Stability and Strength
74.5
Value Opportunity
72.2
Momentum
74.2
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 | #790 of 14,967 |
| State rank | #27 of 518 |
| City rank | #1 of 14 |
| County rank | #1 of 14 |
| National percentile | 94.7 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $566,388 |
| Year-over-year home value change | 3.7% |
| Month-over-month home value change | 0.20% |
| Home value to income ratio | 3.82 |
| Median household income | $148,121 |
| Bachelor's degree or higher | 45.2% |
| Civilian unemployment rate | 4.8% |
| Homeownership rate | 93.3% |
| Housing vacancy rate | 1.5% |
| Rent burden 30% or higher | 39.1% |
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 Great Bridge East
Is Great Bridge East one of the best neighborhoods in Chesapeake?
Great Bridge East has a Best Neighborhoods USA Index of 73.6 and a city ranking of #1 of 14 eligible neighborhoods in Chesapeake.
How much are homes worth in Great Bridge East?
The current Zillow Home Value Index for Great Bridge East is approximately $566,388.
Are home values rising or falling in Great Bridge East?
Zillow neighborhood values changed 3.7% year over year and 0.20% month over month.
What is the Neighborhood Momentum Score for Great Bridge East?
Great Bridge East has a Neighborhood Momentum Score of 74.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Great Bridge East?
The NDS-derived neighborhood median household income is approximately $148,121.
How affordable is Great Bridge East relative to household income?
The current Zillow home-value-to-household-income ratio is 3.82. Price-to-income affordability is a major Value Opportunity input.
Is Great Bridge East primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 93.3%.
What is the unemployment rate in Great Bridge East?
The NDS-derived civilian unemployment rate is approximately 4.8%.
How educated are residents of Great Bridge East?
Approximately 45.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Great Bridge East face high rent burden?
Approximately 39.1% 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 Great Bridge East?
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 applications639
Estimated originations416
Home-purchase applications247
Origination rate65.1%
Home-purchase share38.7%
Average application loan$316,672
Total application loan amount$202,257,602
National application rank#374 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 21.8% YoY; originations 19.4% 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.