What is the Best Neighborhoods USA ranking for Rittenhouse?
Rittenhouse is ranked #36 of 140 eligible neighborhoods in Philadelphia; #129 of 382 eligible neighborhoods in PA; and #5,697 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Rittenhouse
Philadelphia, PA | Philadelphia County
Scored premium profile
Best Neighborhoods USA Index
55.1
Stability and Strength
60.6
Value Opportunity
47.5
Momentum
57.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Philadelphia, PA |
| County | Philadelphia County |
| National rank | #5,697 of 14,967 |
| State rank | #129 of 382 |
| City rank | #36 of 140 |
| County rank | #36 of 140 |
| National percentile | 62.0 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $992,720 |
| Year-over-year home value change | -0.1% |
| Month-over-month home value change | 0.71% |
| Home value to income ratio | 9.35 |
| Median household income | $106,225 |
| Bachelor's degree or higher | 84.9% |
| Civilian unemployment rate | 3.9% |
| Homeownership rate | 30.5% |
| Housing vacancy rate | 14.5% |
| Rent burden 30% or higher | 42.2% |
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 Rittenhouse
Is Rittenhouse one of the best neighborhoods in Philadelphia?
Rittenhouse has a Best Neighborhoods USA Index of 55.1 and a city ranking of #36 of 140 eligible neighborhoods in Philadelphia.
How much are homes worth in Rittenhouse?
The current Zillow Home Value Index for Rittenhouse is approximately $992,720.
Are home values rising or falling in Rittenhouse?
Zillow neighborhood values changed -0.1% year over year and 0.71% month over month.
What is the Neighborhood Momentum Score for Rittenhouse?
Rittenhouse has a Neighborhood Momentum Score of 57.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Rittenhouse?
The NDS-derived neighborhood median household income is approximately $106,225.
How affordable is Rittenhouse relative to household income?
The current Zillow home-value-to-household-income ratio is 9.35. Price-to-income affordability is a major Value Opportunity input.
Is Rittenhouse primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 30.5%.
What is the unemployment rate in Rittenhouse?
The NDS-derived civilian unemployment rate is approximately 3.9%.
How educated are residents of Rittenhouse?
Approximately 84.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Rittenhouse face high rent burden?
Approximately 42.2% 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 Rittenhouse?
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 applications383
Estimated originations228
Home-purchase applications252
Origination rate59.6%
Home-purchase share65.7%
Average application loan$610,619
Total application loan amount$234,000,316
National application rank#834 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.5% YoY; originations -10.2% 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.