What is the Best Neighborhoods USA ranking for Piney Knolls?
Piney Knolls is ranked #98 of 113 eligible neighborhoods in Richmond; #480 of 518 eligible neighborhoods in VA; and #12,941 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Piney Knolls
Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
32.6
Stability and Strength
18.5
Value Opportunity
22.5
Momentum
69.3
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 | #12,941 of 14,967 |
| State rank | #480 of 518 |
| City rank | #98 of 113 |
| County rank | #98 of 113 |
| National percentile | 13.6 |
| National band | LOWER_25_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $257,688 |
| Year-over-year home value change | 5.5% |
| Month-over-month home value change | -0.22% |
| Home value to income ratio | 7.35 |
| Median household income | $35,061 |
| Bachelor's degree or higher | 7.5% |
| Civilian unemployment rate | 12.8% |
| Homeownership rate | 48.5% |
| Housing vacancy rate | 3.6% |
| Rent burden 30% or higher | 72.5% |
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 Piney Knolls
Is Piney Knolls one of the best neighborhoods in Richmond?
Piney Knolls has a Best Neighborhoods USA Index of 32.6 and a city ranking of #98 of 113 eligible neighborhoods in Richmond.
How much are homes worth in Piney Knolls?
The current Zillow Home Value Index for Piney Knolls is approximately $257,688.
Are home values rising or falling in Piney Knolls?
Zillow neighborhood values changed 5.5% year over year and -0.22% month over month.
What is the Neighborhood Momentum Score for Piney Knolls?
Piney Knolls has a Neighborhood Momentum Score of 69.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Piney Knolls?
The NDS-derived neighborhood median household income is approximately $35,061.
How affordable is Piney Knolls relative to household income?
The current Zillow home-value-to-household-income ratio is 7.35. Price-to-income affordability is a major Value Opportunity input.
Is Piney Knolls primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 48.5%.
What is the unemployment rate in Piney Knolls?
The NDS-derived civilian unemployment rate is approximately 12.8%.
How educated are residents of Piney Knolls?
Approximately 7.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Piney Knolls face high rent burden?
Approximately 72.5% 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 Piney Knolls?
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 applications78
Estimated originations40
Home-purchase applications30
Origination rate50.9%
Home-purchase share37.8%
Average application loan$177,221
Total application loan amount$13,842,173
National application rank#5,329 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 51.8% YoY; originations 70.7% 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.