What is the Best Neighborhoods USA ranking for Honey Creek Ridge?
Honey Creek Ridge is ranked #5 of 58 eligible neighborhoods in Renton; #48 of 533 eligible neighborhoods in WA; and #3,282 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Honey Creek Ridge
Renton, WA | King County
Scored premium profile
Best Neighborhoods USA Index
62.3
Stability and Strength
89.9
Value Opportunity
65.5
Momentum
13.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Renton, WA |
| County | King County |
| National rank | #3,282 of 14,967 |
| State rank | #48 of 533 |
| City rank | #5 of 58 |
| County rank | #23 of 287 |
| National percentile | 78.1 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,013,527 |
| Year-over-year home value change | -3.2% |
| Month-over-month home value change | -0.46% |
| Home value to income ratio | 7.08 |
| Median household income | $143,233 |
| Bachelor's degree or higher | 53.1% |
| Civilian unemployment rate | 0.0% |
| Homeownership rate | 95.5% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 17.1% |
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 Honey Creek Ridge
Is Honey Creek Ridge one of the best neighborhoods in Renton?
Honey Creek Ridge has a Best Neighborhoods USA Index of 62.3 and a city ranking of #5 of 58 eligible neighborhoods in Renton.
How much are homes worth in Honey Creek Ridge?
The current Zillow Home Value Index for Honey Creek Ridge is approximately $1,013,527.
Are home values rising or falling in Honey Creek Ridge?
Zillow neighborhood values changed -3.2% year over year and -0.46% month over month.
What is the Neighborhood Momentum Score for Honey Creek Ridge?
Honey Creek Ridge has a Neighborhood Momentum Score of 13.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Honey Creek Ridge?
The NDS-derived neighborhood median household income is approximately $143,233.
How affordable is Honey Creek Ridge relative to household income?
The current Zillow home-value-to-household-income ratio is 7.08. Price-to-income affordability is a major Value Opportunity input.
Is Honey Creek Ridge primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 95.5%.
What is the unemployment rate in Honey Creek Ridge?
The NDS-derived civilian unemployment rate is approximately 0.0%.
How educated are residents of Honey Creek Ridge?
Approximately 53.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Honey Creek Ridge face high rent burden?
Approximately 17.1% 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 Honey Creek Ridge?
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 applications25
Estimated originations15
Home-purchase applications13
Origination rate60.8%
Home-purchase share50.7%
Average application loan$424,257
Total application loan amount$10,628,079
National application rank#9,908 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.3% YoY; originations 21.6% 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.