Neighborhood Profile

Westhampton

Richmond, VA | Richmond City
Scored premium profile
Best Neighborhoods USA Index
73.9
National rank: #746 of 14,967
Stability and Strength
78.5
Score
Value Opportunity
67.6
Score
Momentum
75.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRichmond, VA
CountyRichmond City
National rank#746 of 14,967
State rank#25 of 518
City rank#12 of 113
County rank#12 of 113
National percentile95.0
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,002,797
Year-over-year home value change2.8%
Month-over-month home value change0.51%
Home value to income ratio5.55
Median household income$180,558
Bachelor's degree or higher86.8%
Civilian unemployment rate1.3%
Homeownership rate86.2%
Housing vacancy rate13.2%
Rent burden 30% or higher64.8%

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 Westhampton

What is the Best Neighborhoods USA ranking for Westhampton?

Westhampton is ranked #12 of 113 eligible neighborhoods in Richmond; #25 of 518 eligible neighborhoods in VA; and #746 of 14,967 eligible neighborhoods in the United States.

Is Westhampton one of the best neighborhoods in Richmond?

Westhampton has a Best Neighborhoods USA Index of 73.9 and a city ranking of #12 of 113 eligible neighborhoods in Richmond.

How much are homes worth in Westhampton?

The current Zillow Home Value Index for Westhampton is approximately $1,002,797.

Are home values rising or falling in Westhampton?

Zillow neighborhood values changed 2.8% year over year and 0.51% month over month.

What is the Neighborhood Momentum Score for Westhampton?

Westhampton has a Neighborhood Momentum Score of 75.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Westhampton?

The NDS-derived neighborhood median household income is approximately $180,558.

How affordable is Westhampton relative to household income?

The current Zillow home-value-to-household-income ratio is 5.55. Price-to-income affordability is a major Value Opportunity input.

Is Westhampton primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 86.2%.

What is the unemployment rate in Westhampton?

The NDS-derived civilian unemployment rate is approximately 1.3%.

How educated are residents of Westhampton?

Approximately 86.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Westhampton face high rent burden?

Approximately 64.8% 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 Westhampton?

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 applications60
Estimated originations42
Home-purchase applications17
Origination rate70.1%
Home-purchase share28.2%
Average application loan$358,173
Total application loan amount$21,390,494
National application rank#6,529 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.9% YoY; originations -6.8% 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.