What is the Best Neighborhoods USA ranking for Walnut Village?
Walnut Village is ranked #5 of 22 eligible neighborhoods in Irvine; #694 of 1,814 eligible neighborhoods in CA; and #6,203 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Walnut Village
Irvine, CA | Orange County
Scored premium profile
Best Neighborhoods USA Index
53.8
Stability and Strength
69.2
Value Opportunity
53.0
Momentum
30.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Irvine, CA |
| County | Orange County |
| National rank | #6,203 of 14,967 |
| State rank | #694 of 1,814 |
| City rank | #5 of 22 |
| County rank | #38 of 100 |
| National percentile | 58.6 |
| National band | MIDDLE_50_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 | $1,580,853 |
| Year-over-year home value change | -0.4% |
| Month-over-month home value change | -0.64% |
| Home value to income ratio | 9.81 |
| Median household income | $161,098 |
| Bachelor's degree or higher | 64.0% |
| Civilian unemployment rate | 3.8% |
| Homeownership rate | 68.5% |
| Housing vacancy rate | 5.1% |
| Rent burden 30% or higher | 66.8% |
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 Walnut Village
Is Walnut Village one of the best neighborhoods in Irvine?
Walnut Village has a Best Neighborhoods USA Index of 53.8 and a city ranking of #5 of 22 eligible neighborhoods in Irvine.
How much are homes worth in Walnut Village?
The current Zillow Home Value Index for Walnut Village is approximately $1,580,853.
Are home values rising or falling in Walnut Village?
Zillow neighborhood values changed -0.4% year over year and -0.64% month over month.
What is the Neighborhood Momentum Score for Walnut Village?
Walnut Village has a Neighborhood Momentum Score of 30.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Walnut Village?
The NDS-derived neighborhood median household income is approximately $161,098.
How affordable is Walnut Village relative to household income?
The current Zillow home-value-to-household-income ratio is 9.81. Price-to-income affordability is a major Value Opportunity input.
Is Walnut Village primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 68.5%.
What is the unemployment rate in Walnut Village?
The NDS-derived civilian unemployment rate is approximately 3.8%.
How educated are residents of Walnut Village?
Approximately 64.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Walnut Village face high rent burden?
Approximately 66.8% 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 Walnut Village?
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 applications127
Estimated originations82
Home-purchase applications41
Origination rate64.0%
Home-purchase share32.4%
Average application loan$521,415
Total application loan amount$66,381,927
National application rank#3,458 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 51.0% YoY; originations 61.8% 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.