What is the Best Neighborhoods USA ranking for Vasa?
Vasa is ranked #5 of 23 eligible neighborhoods in Bellevue; #213 of 533 eligible neighborhoods in WA; and #7,244 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Vasa
Bellevue, WA | King County
Scored premium profile
Best Neighborhoods USA Index
51.1
Stability and Strength
74.7
Value Opportunity
53.5
Momentum
9.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Bellevue, WA |
| County | King County |
| National rank | #7,244 of 14,967 |
| State rank | #213 of 533 |
| City rank | #5 of 23 |
| County rank | #118 of 287 |
| National percentile | 51.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,600,681 |
| Year-over-year home value change | -4.2% |
| Month-over-month home value change | -0.48% |
| Home value to income ratio | 9.97 |
| Median household income | $160,542 |
| Bachelor's degree or higher | 70.9% |
| Civilian unemployment rate | 2.4% |
| Homeownership rate | 69.1% |
| Housing vacancy rate | 9.3% |
| Rent burden 30% or higher | 50.6% |
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 Vasa
Is Vasa one of the best neighborhoods in Bellevue?
Vasa has a Best Neighborhoods USA Index of 51.1 and a city ranking of #5 of 23 eligible neighborhoods in Bellevue.
How much are homes worth in Vasa?
The current Zillow Home Value Index for Vasa is approximately $1,600,681.
Are home values rising or falling in Vasa?
Zillow neighborhood values changed -4.2% year over year and -0.48% month over month.
What is the Neighborhood Momentum Score for Vasa?
Vasa has a Neighborhood Momentum Score of 9.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Vasa?
The NDS-derived neighborhood median household income is approximately $160,542.
How affordable is Vasa relative to household income?
The current Zillow home-value-to-household-income ratio is 9.97. Price-to-income affordability is a major Value Opportunity input.
Is Vasa primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 69.1%.
What is the unemployment rate in Vasa?
The NDS-derived civilian unemployment rate is approximately 2.4%.
How educated are residents of Vasa?
Approximately 70.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Vasa face high rent burden?
Approximately 50.6% 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 Vasa?
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 applications65
Estimated originations38
Home-purchase applications36
Origination rate58.4%
Home-purchase share55.8%
Average application loan$835,346
Total application loan amount$53,930,717
National application rank#6,187 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.0% YoY; originations 3.1% 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.