What is the Best Neighborhoods USA ranking for Peter Paul?
Peter Paul is ranked #82 of 113 eligible neighborhoods in Richmond; #426 of 518 eligible neighborhoods in VA; and #10,653 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Peter Paul
Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
41.2
Stability and Strength
38.4
Value Opportunity
55.1
Momentum
26.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Richmond, VA |
| County | Richmond City |
| National rank | #10,653 of 14,967 |
| State rank | #426 of 518 |
| City rank | #82 of 113 |
| County rank | #82 of 113 |
| National percentile | 28.8 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $205,367 |
| Year-over-year home value change | -0.7% |
| Month-over-month home value change | -1.21% |
| Home value to income ratio | 3.57 |
| Median household income | $57,507 |
| Bachelor's degree or higher | 34.6% |
| Civilian unemployment rate | 4.8% |
| Homeownership rate | 43.0% |
| Housing vacancy rate | 8.3% |
| Rent burden 30% or higher | 54.8% |
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 Peter Paul
Is Peter Paul one of the best neighborhoods in Richmond?
Peter Paul has a Best Neighborhoods USA Index of 41.2 and a city ranking of #82 of 113 eligible neighborhoods in Richmond.
How much are homes worth in Peter Paul?
The current Zillow Home Value Index for Peter Paul is approximately $205,367.
Are home values rising or falling in Peter Paul?
Zillow neighborhood values changed -0.7% year over year and -1.21% month over month.
What is the Neighborhood Momentum Score for Peter Paul?
Peter Paul has a Neighborhood Momentum Score of 26.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Peter Paul?
The NDS-derived neighborhood median household income is approximately $57,507.
How affordable is Peter Paul relative to household income?
The current Zillow home-value-to-household-income ratio is 3.57. Price-to-income affordability is a major Value Opportunity input.
Is Peter Paul primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 43.0%.
What is the unemployment rate in Peter Paul?
The NDS-derived civilian unemployment rate is approximately 4.8%.
How educated are residents of Peter Paul?
Approximately 34.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Peter Paul face high rent burden?
Approximately 54.8% 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 Peter Paul?
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 applications34
Estimated originations20
Home-purchase applications17
Origination rate59.0%
Home-purchase share50.2%
Average application loan$206,339
Total application loan amount$7,052,627
National application rank#8,745 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.0% YoY; originations -5.9% 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.