Neighborhood Profile

Richmond Valley

New York, NY | Richmond County
Scored premium profile
Best Neighborhoods USA Index
62.3
National rank: #3,286 of 14,967
Stability and Strength
60.1
Score
Value Opportunity
45.6
Score
Momentum
89.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyRichmond County
National rank#3,286 of 14,967
State rank#88 of 418
City rank#32 of 199
County rank#16 of 50
National percentile78.1
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,081,768
Year-over-year home value change5.6%
Month-over-month home value change0.64%
Home value to income ratio10.52
Median household income$102,832
Bachelor's degree or higher38.4%
Civilian unemployment rate1.5%
Homeownership rate71.1%
Housing vacancy rate6.2%
Rent burden 30% or higher91.2%

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 Richmond Valley

What is the Best Neighborhoods USA ranking for Richmond Valley?

Richmond Valley is ranked #32 of 199 eligible neighborhoods in New York; #88 of 418 eligible neighborhoods in NY; and #3,286 of 14,967 eligible neighborhoods in the United States.

Is Richmond Valley one of the best neighborhoods in New York?

Richmond Valley has a Best Neighborhoods USA Index of 62.3 and a city ranking of #32 of 199 eligible neighborhoods in New York.

How much are homes worth in Richmond Valley?

The current Zillow Home Value Index for Richmond Valley is approximately $1,081,768.

Are home values rising or falling in Richmond Valley?

Zillow neighborhood values changed 5.6% year over year and 0.64% month over month.

What is the Neighborhood Momentum Score for Richmond Valley?

Richmond Valley has a Neighborhood Momentum Score of 89.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Richmond Valley?

The NDS-derived neighborhood median household income is approximately $102,832.

How affordable is Richmond Valley relative to household income?

The current Zillow home-value-to-household-income ratio is 10.52. Price-to-income affordability is a major Value Opportunity input.

Is Richmond Valley primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 71.1%.

What is the unemployment rate in Richmond Valley?

The NDS-derived civilian unemployment rate is approximately 1.5%.

How educated are residents of Richmond Valley?

Approximately 38.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Richmond Valley face high rent burden?

Approximately 91.2% 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 Richmond Valley?

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 applications82
Estimated originations48
Home-purchase applications38
Origination rate58.6%
Home-purchase share46.4%
Average application loan$428,892
Total application loan amount$35,075,440
National application rank#5,145 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -19.5% YoY; originations -11.1% 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.