Neighborhood Profile

Highland Park Southern Tip

Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
40.2
National rank: #10,951 of 14,967
Stability and Strength
30.9
Score
Value Opportunity
31.7
Score
Momentum
67.0
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRichmond, VA
CountyRichmond City
National rank#10,951 of 14,967
State rank#434 of 518
City rank#87 of 113
County rank#87 of 113
National percentile26.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$299,987
Year-over-year home value change3.2%
Month-over-month home value change0.05%
Home value to income ratio6.96
Median household income$43,099
Bachelor's degree or higher32.2%
Civilian unemployment rate5.7%
Homeownership rate51.4%
Housing vacancy rate8.8%
Rent burden 30% or higher71.5%

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 Highland Park Southern Tip

What is the Best Neighborhoods USA ranking for Highland Park Southern Tip?

Highland Park Southern Tip is ranked #87 of 113 eligible neighborhoods in Richmond; #434 of 518 eligible neighborhoods in VA; and #10,951 of 14,967 eligible neighborhoods in the United States.

Is Highland Park Southern Tip one of the best neighborhoods in Richmond?

Highland Park Southern Tip has a Best Neighborhoods USA Index of 40.2 and a city ranking of #87 of 113 eligible neighborhoods in Richmond.

How much are homes worth in Highland Park Southern Tip?

The current Zillow Home Value Index for Highland Park Southern Tip is approximately $299,987.

Are home values rising or falling in Highland Park Southern Tip?

Zillow neighborhood values changed 3.2% year over year and 0.05% month over month.

What is the Neighborhood Momentum Score for Highland Park Southern Tip?

Highland Park Southern Tip has a Neighborhood Momentum Score of 67.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Highland Park Southern Tip?

The NDS-derived neighborhood median household income is approximately $43,099.

How affordable is Highland Park Southern Tip relative to household income?

The current Zillow home-value-to-household-income ratio is 6.96. Price-to-income affordability is a major Value Opportunity input.

Is Highland Park Southern Tip primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 51.4%.

What is the unemployment rate in Highland Park Southern Tip?

The NDS-derived civilian unemployment rate is approximately 5.7%.

How educated are residents of Highland Park Southern Tip?

Approximately 32.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Highland Park Southern Tip face high rent burden?

Approximately 71.5% 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 Highland Park Southern Tip?

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 applications93
Estimated originations55
Home-purchase applications42
Origination rate58.9%
Home-purchase share45.5%
Average application loan$227,549
Total application loan amount$21,077,630
National application rank#4,651 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -11.9% YoY; originations -5.7% 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.