What is the Best Neighborhoods USA ranking for Third Avenue?
Third Avenue is ranked #16 of 17 eligible neighborhoods in Longview; #529 of 533 eligible neighborhoods in WA; and #14,535 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Third Avenue
Longview, WA | Cowlitz County
Scored premium profile
Best Neighborhoods USA Index
21.5
Stability and Strength
27.4
Value Opportunity
27.6
Momentum
3.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Longview, WA |
| County | Cowlitz County |
| National rank | #14,535 of 14,967 |
| State rank | #529 of 533 |
| City rank | #16 of 17 |
| County rank | #16 of 17 |
| National percentile | 2.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $360,910 |
| Year-over-year home value change | -6.3% |
| Month-over-month home value change | -0.94% |
| Home value to income ratio | 8.59 |
| Median household income | $42,022 |
| Bachelor's degree or higher | 6.9% |
| Civilian unemployment rate | 0.9% |
| Homeownership rate | 25.9% |
| Housing vacancy rate | 13.9% |
| Rent burden 30% or higher | 67.6% |
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 Third Avenue
Is Third Avenue one of the best neighborhoods in Longview?
Third Avenue has a Best Neighborhoods USA Index of 21.5 and a city ranking of #16 of 17 eligible neighborhoods in Longview.
How much are homes worth in Third Avenue?
The current Zillow Home Value Index for Third Avenue is approximately $360,910.
Are home values rising or falling in Third Avenue?
Zillow neighborhood values changed -6.3% year over year and -0.94% month over month.
What is the Neighborhood Momentum Score for Third Avenue?
Third Avenue has a Neighborhood Momentum Score of 3.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Third Avenue?
The NDS-derived neighborhood median household income is approximately $42,022.
How affordable is Third Avenue relative to household income?
The current Zillow home-value-to-household-income ratio is 8.59. Price-to-income affordability is a major Value Opportunity input.
Is Third Avenue primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 25.9%.
What is the unemployment rate in Third Avenue?
The NDS-derived civilian unemployment rate is approximately 0.9%.
How educated are residents of Third Avenue?
Approximately 6.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Third Avenue face high rent burden?
Approximately 67.6% 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 Third Avenue?
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 applications22
Estimated originations15
Home-purchase applications13
Origination rate69.8%
Home-purchase share58.5%
Average application loan$373,618
Total application loan amount$8,033,941
National application rank#10,409 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 17.8% YoY; originations 48.0% 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.