Neighborhood Profile

Fulton

Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
29.3
National rank: #13,602 of 14,967
Stability and Strength
24.2
Score
Value Opportunity
31.1
Score
Momentum
34.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRichmond, VA
CountyRichmond City
National rank#13,602 of 14,967
State rank#493 of 518
City rank#101 of 113
County rank#101 of 113
National percentile9.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$266,863
Year-over-year home value change-1.8%
Month-over-month home value change0.11%
Home value to income ratio5.98
Median household income$44,608
Bachelor's degree or higher19.0%
Civilian unemployment rate13.0%
Homeownership rate44.1%
Housing vacancy rate3.5%
Rent burden 30% or higher61.6%

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 Fulton

What is the Best Neighborhoods USA ranking for Fulton?

Fulton is ranked #101 of 113 eligible neighborhoods in Richmond; #493 of 518 eligible neighborhoods in VA; and #13,602 of 14,967 eligible neighborhoods in the United States.

Is Fulton one of the best neighborhoods in Richmond?

Fulton has a Best Neighborhoods USA Index of 29.3 and a city ranking of #101 of 113 eligible neighborhoods in Richmond.

How much are homes worth in Fulton?

The current Zillow Home Value Index for Fulton is approximately $266,863.

Are home values rising or falling in Fulton?

Zillow neighborhood values changed -1.8% year over year and 0.11% month over month.

What is the Neighborhood Momentum Score for Fulton?

Fulton has a Neighborhood Momentum Score of 34.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fulton?

The NDS-derived neighborhood median household income is approximately $44,608.

How affordable is Fulton relative to household income?

The current Zillow home-value-to-household-income ratio is 5.98. Price-to-income affordability is a major Value Opportunity input.

Is Fulton primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 44.1%.

What is the unemployment rate in Fulton?

The NDS-derived civilian unemployment rate is approximately 13.0%.

How educated are residents of Fulton?

Approximately 19.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fulton face high rent burden?

Approximately 61.6% 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 Fulton?

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

FULL_OR_NEAR_FULL

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 applications142
Estimated originations86
Home-purchase applications79
Origination rate60.2%
Home-purchase share55.3%
Average application loan$199,368
Total application loan amount$28,399,742
National application rank#3,088 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -5.2% YoY; originations -6.3% 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.