What is the Best Neighborhoods USA ranking for Southwest Waterfront?
Southwest Waterfront is ranked #56 of 113 eligible neighborhoods in Washington; #56 of 113 eligible neighborhoods in DC; and #9,050 of 14,967 eligible neighborhoods in the United States.
Is Southwest Waterfront one of the best neighborhoods in Washington?
Southwest Waterfront has a Best Neighborhoods USA Index of 46.0 and a city ranking of #56 of 113 eligible neighborhoods in Washington.
How much are homes worth in Southwest Waterfront?
The current Zillow Home Value Index for Southwest Waterfront is approximately $668,641.
Are home values rising or falling in Southwest Waterfront?
Zillow neighborhood values changed -4.4% year over year and 0.06% month over month.
What is the Neighborhood Momentum Score for Southwest Waterfront?
Southwest Waterfront has a Neighborhood Momentum Score of 21.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Southwest Waterfront?
The NDS-derived neighborhood median household income is approximately $110,644.
How affordable is Southwest Waterfront relative to household income?
The current Zillow home-value-to-household-income ratio is 6.04. Price-to-income affordability is a major Value Opportunity input.
Is Southwest Waterfront primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 31.8%.
What is the unemployment rate in Southwest Waterfront?
The NDS-derived civilian unemployment rate is approximately 5.4%.
How educated are residents of Southwest Waterfront?
Approximately 75.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Southwest Waterfront face high rent burden?
Approximately 46.6% 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 Southwest Waterfront?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.