What is the Best Neighborhoods USA ranking for Union Hill?
Union Hill is ranked #55 of 113 eligible neighborhoods in Richmond; #291 of 518 eligible neighborhoods in VA; and #7,040 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Union Hill
Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
51.6
Stability and Strength
54.9
Value Opportunity
51.8
Momentum
46.4
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 | #7,040 of 14,967 |
| State rank | #291 of 518 |
| City rank | #55 of 113 |
| County rank | #55 of 113 |
| National percentile | 53.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $416,656 |
| Year-over-year home value change | 1.3% |
| Month-over-month home value change | -0.30% |
| Home value to income ratio | 6.10 |
| Median household income | $68,345 |
| Bachelor's degree or higher | 56.2% |
| Civilian unemployment rate | 0.6% |
| Homeownership rate | 25.3% |
| Housing vacancy rate | 9.9% |
| Rent burden 30% or higher | 41.1% |
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 Union Hill
Is Union Hill one of the best neighborhoods in Richmond?
Union Hill has a Best Neighborhoods USA Index of 51.6 and a city ranking of #55 of 113 eligible neighborhoods in Richmond.
How much are homes worth in Union Hill?
The current Zillow Home Value Index for Union Hill is approximately $416,656.
Are home values rising or falling in Union Hill?
Zillow neighborhood values changed 1.3% year over year and -0.30% month over month.
What is the Neighborhood Momentum Score for Union Hill?
Union Hill has a Neighborhood Momentum Score of 46.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Union Hill?
The NDS-derived neighborhood median household income is approximately $68,345.
How affordable is Union Hill relative to household income?
The current Zillow home-value-to-household-income ratio is 6.10. Price-to-income affordability is a major Value Opportunity input.
Is Union Hill primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 25.3%.
What is the unemployment rate in Union Hill?
The NDS-derived civilian unemployment rate is approximately 0.6%.
How educated are residents of Union Hill?
Approximately 56.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Union Hill face high rent burden?
Approximately 41.1% 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 Union Hill?
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 applications49
Estimated originations30
Home-purchase applications29
Origination rate60.9%
Home-purchase share58.6%
Average application loan$309,051
Total application loan amount$15,113,723
National application rank#7,315 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.0% YoY; originations 4.6% 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.