What is the Best Neighborhoods USA ranking for Mt. Herman?
Mt. Herman is ranked #30 of 32 eligible neighborhoods in Portsmouth; #495 of 518 eligible neighborhoods in VA; and #13,758 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Mt. Herman
Portsmouth, VA | Portsmouth City
Scored premium profile
Best Neighborhoods USA Index
28.2
Stability and Strength
21.2
Value Opportunity
21.8
Momentum
48.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Portsmouth, VA |
| County | Portsmouth City |
| National rank | #13,758 of 14,967 |
| State rank | #495 of 518 |
| City rank | #30 of 32 |
| County rank | #30 of 32 |
| National percentile | 8.1 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $229,914 |
| Year-over-year home value change | -0.1% |
| Month-over-month home value change | 0.17% |
| Home value to income ratio | 8.19 |
| Median household income | $28,086 |
| Bachelor's degree or higher | 14.0% |
| Civilian unemployment rate | 6.7% |
| Homeownership rate | 35.5% |
| Housing vacancy rate | 8.1% |
| Rent burden 30% or higher | 57.3% |
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 Mt. Herman
Is Mt. Herman one of the best neighborhoods in Portsmouth?
Mt. Herman has a Best Neighborhoods USA Index of 28.2 and a city ranking of #30 of 32 eligible neighborhoods in Portsmouth.
How much are homes worth in Mt. Herman?
The current Zillow Home Value Index for Mt. Herman is approximately $229,914.
Are home values rising or falling in Mt. Herman?
Zillow neighborhood values changed -0.1% year over year and 0.17% month over month.
What is the Neighborhood Momentum Score for Mt. Herman?
Mt. Herman has a Neighborhood Momentum Score of 48.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Mt. Herman?
The NDS-derived neighborhood median household income is approximately $28,086.
How affordable is Mt. Herman relative to household income?
The current Zillow home-value-to-household-income ratio is 8.19. Price-to-income affordability is a major Value Opportunity input.
Is Mt. Herman primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 35.5%.
What is the unemployment rate in Mt. Herman?
The NDS-derived civilian unemployment rate is approximately 6.7%.
How educated are residents of Mt. Herman?
Approximately 14.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Mt. Herman face high rent burden?
Approximately 57.3% 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 Mt. Herman?
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 applications46
Estimated originations27
Home-purchase applications21
Origination rate58.0%
Home-purchase share45.1%
Average application loan$190,401
Total application loan amount$8,731,758
National application rank#7,590 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.9% YoY; originations 10.6% 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.