Neighborhood Profile

Green Park

Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
38.6
National rank: #11,417 of 14,967
Stability and Strength
32.9
Score
Value Opportunity
46.9
Score
Momentum
36.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRichmond, VA
CountyRichmond City
National rank#11,417 of 14,967
State rank#442 of 518
City rank#90 of 113
County rank#90 of 113
National percentile23.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$233,757
Year-over-year home value change0.5%
Month-over-month home value change-0.78%
Home value to income ratio4.19
Median household income$55,768
Bachelor's degree or higher26.8%
Civilian unemployment rate6.4%
Homeownership rate51.5%
Housing vacancy rate7.3%
Rent burden 30% or higher64.9%

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 Green Park

What is the Best Neighborhoods USA ranking for Green Park?

Green Park is ranked #90 of 113 eligible neighborhoods in Richmond; #442 of 518 eligible neighborhoods in VA; and #11,417 of 14,967 eligible neighborhoods in the United States.

Is Green Park one of the best neighborhoods in Richmond?

Green Park has a Best Neighborhoods USA Index of 38.6 and a city ranking of #90 of 113 eligible neighborhoods in Richmond.

How much are homes worth in Green Park?

The current Zillow Home Value Index for Green Park is approximately $233,757.

Are home values rising or falling in Green Park?

Zillow neighborhood values changed 0.5% year over year and -0.78% month over month.

What is the Neighborhood Momentum Score for Green Park?

Green Park has a Neighborhood Momentum Score of 36.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Green Park?

The NDS-derived neighborhood median household income is approximately $55,768.

How affordable is Green Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.19. Price-to-income affordability is a major Value Opportunity input.

Is Green Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.5%.

What is the unemployment rate in Green Park?

The NDS-derived civilian unemployment rate is approximately 6.4%.

How educated are residents of Green Park?

Approximately 26.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Green Park face high rent burden?

Approximately 64.9% 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 Green Park?

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 applications38
Estimated originations24
Home-purchase applications21
Origination rate62.0%
Home-purchase share56.0%
Average application loan$247,958
Total application loan amount$9,505,706
National application rank#8,303 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -10.9% YoY; originations -3.3% 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.