What is the Best Neighborhoods USA ranking for West Raleigh?
West Raleigh is ranked #13 of 18 eligible neighborhoods in Raleigh; #401 of 535 eligible neighborhoods in NC; and #11,548 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
West Raleigh
Raleigh, NC | Wake County
Scored premium profile
Best Neighborhoods USA Index
38.2
Stability and Strength
41.6
Value Opportunity
43.6
Momentum
25.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Raleigh, NC |
| County | Wake County |
| National rank | #11,548 of 14,967 |
| State rank | #401 of 535 |
| City rank | #13 of 18 |
| County rank | #18 of 23 |
| National percentile | 22.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $413,249 |
| Year-over-year home value change | -2.2% |
| Month-over-month home value change | -0.11% |
| Home value to income ratio | 6.07 |
| Median household income | $68,125 |
| Bachelor's degree or higher | 58.5% |
| Civilian unemployment rate | 5.5% |
| Homeownership rate | 25.6% |
| Housing vacancy rate | 13.1% |
| Rent burden 30% or higher | 53.7% |
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 West Raleigh
Is West Raleigh one of the best neighborhoods in Raleigh?
West Raleigh has a Best Neighborhoods USA Index of 38.2 and a city ranking of #13 of 18 eligible neighborhoods in Raleigh.
How much are homes worth in West Raleigh?
The current Zillow Home Value Index for West Raleigh is approximately $413,249.
Are home values rising or falling in West Raleigh?
Zillow neighborhood values changed -2.2% year over year and -0.11% month over month.
What is the Neighborhood Momentum Score for West Raleigh?
West Raleigh has a Neighborhood Momentum Score of 25.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in West Raleigh?
The NDS-derived neighborhood median household income is approximately $68,125.
How affordable is West Raleigh relative to household income?
The current Zillow home-value-to-household-income ratio is 6.07. Price-to-income affordability is a major Value Opportunity input.
Is West Raleigh primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 25.6%.
What is the unemployment rate in West Raleigh?
The NDS-derived civilian unemployment rate is approximately 5.5%.
How educated are residents of West Raleigh?
Approximately 58.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in West Raleigh face high rent burden?
Approximately 53.7% 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 West Raleigh?
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 applications599
Estimated originations360
Home-purchase applications330
Origination rate60.1%
Home-purchase share55.2%
Average application loan$447,451
Total application loan amount$267,868,014
National application rank#412 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.2% YoY; originations 4.2% 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.