What is the Best Neighborhoods USA ranking for Virginia Ave?
Virginia Ave is ranked #32 of 38 eligible neighborhoods in Lexington; #84 of 115 eligible neighborhoods in KY; and #11,090 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Virginia Ave
Lexington, KY | Fayette County
Scored premium profile
Best Neighborhoods USA Index
39.8
Stability and Strength
27.3
Value Opportunity
25.1
Momentum
80.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Lexington, KY |
| County | Fayette County |
| National rank | #11,090 of 14,967 |
| State rank | #84 of 115 |
| City rank | #32 of 38 |
| County rank | #32 of 38 |
| National percentile | 25.9 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $295,364 |
| Year-over-year home value change | 4.5% |
| Month-over-month home value change | 0.30% |
| Home value to income ratio | 11.93 |
| Median household income | $24,765 |
| Bachelor's degree or higher | 52.0% |
| Civilian unemployment rate | 6.9% |
| Homeownership rate | 2.6% |
| Housing vacancy rate | 7.6% |
| Rent burden 30% or higher | 66.4% |
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 Virginia Ave
Is Virginia Ave one of the best neighborhoods in Lexington?
Virginia Ave has a Best Neighborhoods USA Index of 39.8 and a city ranking of #32 of 38 eligible neighborhoods in Lexington.
How much are homes worth in Virginia Ave?
The current Zillow Home Value Index for Virginia Ave is approximately $295,364.
Are home values rising or falling in Virginia Ave?
Zillow neighborhood values changed 4.5% year over year and 0.30% month over month.
What is the Neighborhood Momentum Score for Virginia Ave?
Virginia Ave has a Neighborhood Momentum Score of 80.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Virginia Ave?
The NDS-derived neighborhood median household income is approximately $24,765.
How affordable is Virginia Ave relative to household income?
The current Zillow home-value-to-household-income ratio is 11.93. Price-to-income affordability is a major Value Opportunity input.
Is Virginia Ave primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 2.6%.
What is the unemployment rate in Virginia Ave?
The NDS-derived civilian unemployment rate is approximately 6.9%.
How educated are residents of Virginia Ave?
Approximately 52.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Virginia Ave face high rent burden?
Approximately 66.4% 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 Virginia Ave?
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 applications20
Estimated originations15
Home-purchase applications12
Origination rate73.9%
Home-purchase share57.4%
Average application loan$1,406,686
Total application loan amount$28,278,963
National application rank#10,627 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.2% YoY; originations -1.3% 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.