What is the Best Neighborhoods USA ranking for Richmond Town?
Richmond Town is ranked #37 of 199 eligible neighborhoods in New York; #99 of 418 eligible neighborhoods in NY; and #3,533 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Richmond Town
New York, NY | Richmond County
Scored premium profile
Best Neighborhoods USA Index
61.5
Stability and Strength
61.0
Value Opportunity
46.5
Momentum
83.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Richmond County |
| National rank | #3,533 of 14,967 |
| State rank | #99 of 418 |
| City rank | #37 of 199 |
| County rank | #19 of 50 |
| National percentile | 76.4 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $806,531 |
| Year-over-year home value change | 5.9% |
| Month-over-month home value change | 0.24% |
| Home value to income ratio | 6.25 |
| Median household income | $128,974 |
| Bachelor's degree or higher | 36.0% |
| Civilian unemployment rate | 11.2% |
| Homeownership rate | 88.7% |
| Housing vacancy rate | 5.5% |
| Rent burden 30% or higher | 21.8% |
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 Richmond Town
Is Richmond Town one of the best neighborhoods in New York?
Richmond Town has a Best Neighborhoods USA Index of 61.5 and a city ranking of #37 of 199 eligible neighborhoods in New York.
How much are homes worth in Richmond Town?
The current Zillow Home Value Index for Richmond Town is approximately $806,531.
Are home values rising or falling in Richmond Town?
Zillow neighborhood values changed 5.9% year over year and 0.24% month over month.
What is the Neighborhood Momentum Score for Richmond Town?
Richmond Town has a Neighborhood Momentum Score of 83.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Richmond Town?
The NDS-derived neighborhood median household income is approximately $128,974.
How affordable is Richmond Town relative to household income?
The current Zillow home-value-to-household-income ratio is 6.25. Price-to-income affordability is a major Value Opportunity input.
Is Richmond Town primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 88.7%.
What is the unemployment rate in Richmond Town?
The NDS-derived civilian unemployment rate is approximately 11.2%.
How educated are residents of Richmond Town?
Approximately 36.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Richmond Town face high rent burden?
Approximately 21.8% 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 Richmond Town?
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 applications217
Estimated originations135
Home-purchase applications111
Origination rate61.9%
Home-purchase share51.2%
Average application loan$371,664
Total application loan amount$80,800,123
National application rank#1,838 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.1% YoY; originations 1.9% 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.