What is the Best Neighborhoods USA ranking for Miller Southside?
Miller Southside is ranked #21 of 31 eligible neighborhoods in Blacksburg; #297 of 518 eligible neighborhoods in VA; and #7,157 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Miller Southside
Blacksburg, VA | Montgomery County
Scored premium profile
Best Neighborhoods USA Index
51.4
Stability and Strength
41.3
Value Opportunity
31.9
Momentum
94.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Blacksburg, VA |
| County | Montgomery County |
| National rank | #7,157 of 14,967 |
| State rank | #297 of 518 |
| City rank | #21 of 31 |
| County rank | #21 of 31 |
| National percentile | 52.2 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $664,801 |
| Year-over-year home value change | 8.6% |
| Month-over-month home value change | 0.69% |
| Home value to income ratio | 11.97 |
| Median household income | $55,521 |
| Bachelor's degree or higher | 81.9% |
| Civilian unemployment rate | 5.9% |
| Homeownership rate | 25.2% |
| Housing vacancy rate | 16.6% |
| Rent burden 30% or higher | 52.9% |
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 Miller Southside
Is Miller Southside one of the best neighborhoods in Blacksburg?
Miller Southside has a Best Neighborhoods USA Index of 51.4 and a city ranking of #21 of 31 eligible neighborhoods in Blacksburg.
How much are homes worth in Miller Southside?
The current Zillow Home Value Index for Miller Southside is approximately $664,801.
Are home values rising or falling in Miller Southside?
Zillow neighborhood values changed 8.6% year over year and 0.69% month over month.
What is the Neighborhood Momentum Score for Miller Southside?
Miller Southside has a Neighborhood Momentum Score of 94.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Miller Southside?
The NDS-derived neighborhood median household income is approximately $55,521.
How affordable is Miller Southside relative to household income?
The current Zillow home-value-to-household-income ratio is 11.97. Price-to-income affordability is a major Value Opportunity input.
Is Miller Southside primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 25.2%.
What is the unemployment rate in Miller Southside?
The NDS-derived civilian unemployment rate is approximately 5.9%.
How educated are residents of Miller Southside?
Approximately 81.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Miller Southside face high rent burden?
Approximately 52.9% 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 Miller Southside?
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 applications5
Estimated originations4
Home-purchase applications3
Origination rate69.9%
Home-purchase share57.5%
Average application loan$2,265,159
Total application loan amount$12,193,731
National application rank#13,657 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 47.4% YoY; originations 39.3% 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.