What is the Best Neighborhoods USA ranking for Falcon Ridge?
Falcon Ridge is ranked #44 of 58 eligible neighborhoods in Renton; #349 of 533 eligible neighborhoods in WA; and #9,725 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Falcon Ridge
Renton, WA | King County
Scored premium profile
Best Neighborhoods USA Index
44.0
Stability and Strength
58.0
Value Opportunity
42.7
Momentum
23.3
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 | #9,725 of 14,967 |
| State rank | #349 of 533 |
| City rank | #44 of 58 |
| County rank | #206 of 287 |
| National percentile | 35.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $642,824 |
| Year-over-year home value change | -2.2% |
| Month-over-month home value change | -0.19% |
| Home value to income ratio | 7.99 |
| Median household income | $80,471 |
| Bachelor's degree or higher | 37.6% |
| Civilian unemployment rate | 1.8% |
| Homeownership rate | 55.9% |
| Housing vacancy rate | 11.3% |
| Rent burden 30% or higher | 17.9% |
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 Falcon Ridge
Is Falcon Ridge one of the best neighborhoods in Renton?
Falcon Ridge has a Best Neighborhoods USA Index of 44.0 and a city ranking of #44 of 58 eligible neighborhoods in Renton.
How much are homes worth in Falcon Ridge?
The current Zillow Home Value Index for Falcon Ridge is approximately $642,824.
Are home values rising or falling in Falcon Ridge?
Zillow neighborhood values changed -2.2% year over year and -0.19% month over month.
What is the Neighborhood Momentum Score for Falcon Ridge?
Falcon Ridge has a Neighborhood Momentum Score of 23.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Falcon Ridge?
The NDS-derived neighborhood median household income is approximately $80,471.
How affordable is Falcon Ridge relative to household income?
The current Zillow home-value-to-household-income ratio is 7.99. Price-to-income affordability is a major Value Opportunity input.
Is Falcon Ridge primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 55.9%.
What is the unemployment rate in Falcon Ridge?
The NDS-derived civilian unemployment rate is approximately 1.8%.
How educated are residents of Falcon Ridge?
Approximately 37.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Falcon Ridge face high rent burden?
Approximately 17.9% 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 Falcon 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 applications3
Estimated originations2
Home-purchase applications1
Origination rate63.3%
Home-purchase share44.3%
Average application loan$349,304
Total application loan amount$944,470
National application rank#14,383 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 43.6% YoY; originations 78.6% 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.