Neighborhood Profile

Magruder Area

Hampton, VA | Hampton City
Scored premium profile
Best Neighborhoods USA Index
55.9
National rank: #5,440 of 14,967
Stability and Strength
48.4
Score
Value Opportunity
57.7
Score
Momentum
65.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationHampton, VA
CountyHampton City
National rank#5,440 of 14,967
State rank#234 of 518
City rank#2 of 10
County rank#2 of 10
National percentile63.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$344,998
Year-over-year home value change1.5%
Month-over-month home value change0.38%
Home value to income ratio3.99
Median household income$86,560
Bachelor's degree or higher33.2%
Civilian unemployment rate6.7%
Homeownership rate55.7%
Housing vacancy rate4.2%
Rent burden 30% or higher49.1%

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 Magruder Area

What is the Best Neighborhoods USA ranking for Magruder Area?

Magruder Area is ranked #2 of 10 eligible neighborhoods in Hampton; #234 of 518 eligible neighborhoods in VA; and #5,440 of 14,967 eligible neighborhoods in the United States.

Is Magruder Area one of the best neighborhoods in Hampton?

Magruder Area has a Best Neighborhoods USA Index of 55.9 and a city ranking of #2 of 10 eligible neighborhoods in Hampton.

How much are homes worth in Magruder Area?

The current Zillow Home Value Index for Magruder Area is approximately $344,998.

Are home values rising or falling in Magruder Area?

Zillow neighborhood values changed 1.5% year over year and 0.38% month over month.

What is the Neighborhood Momentum Score for Magruder Area?

Magruder Area has a Neighborhood Momentum Score of 65.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Magruder Area?

The NDS-derived neighborhood median household income is approximately $86,560.

How affordable is Magruder Area relative to household income?

The current Zillow home-value-to-household-income ratio is 3.99. Price-to-income affordability is a major Value Opportunity input.

Is Magruder Area primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 55.7%.

What is the unemployment rate in Magruder Area?

The NDS-derived civilian unemployment rate is approximately 6.7%.

How educated are residents of Magruder Area?

Approximately 33.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Magruder Area face high rent burden?

Approximately 49.1% 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 Magruder Area?

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 applications473
Estimated originations257
Home-purchase applications175
Origination rate54.3%
Home-purchase share37.1%
Average application loan$218,319
Total application loan amount$103,184,785
National application rank#610 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 19.7% YoY; originations 21.4% 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.