Neighborhood Profile

Kerry Hill/Van Zandt

Newport, RI | Newport County
Scored premium profile
Best Neighborhoods USA Index
45.3
National rank: #9,286 of 14,967
Stability and Strength
41.9
Score
Value Opportunity
28.3
Score
Momentum
74.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNewport, RI
CountyNewport County
National rank#9,286 of 14,967
State rank#42 of 69
City rank#10 of 15
County rank#10 of 15
National percentile38.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$738,943
Year-over-year home value change2.8%
Month-over-month home value change0.44%
Home value to income ratio14.07
Median household income$52,505
Bachelor's degree or higher47.4%
Civilian unemployment rate6.3%
Homeownership rate54.0%
Housing vacancy rate6.2%
Rent burden 30% or higher52.5%

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 Kerry Hill/Van Zandt

What is the Best Neighborhoods USA ranking for Kerry Hill/Van Zandt?

Kerry Hill/Van Zandt is ranked #10 of 15 eligible neighborhoods in Newport; #42 of 69 eligible neighborhoods in RI; and #9,286 of 14,967 eligible neighborhoods in the United States.

Is Kerry Hill/Van Zandt one of the best neighborhoods in Newport?

Kerry Hill/Van Zandt has a Best Neighborhoods USA Index of 45.3 and a city ranking of #10 of 15 eligible neighborhoods in Newport.

How much are homes worth in Kerry Hill/Van Zandt?

The current Zillow Home Value Index for Kerry Hill/Van Zandt is approximately $738,943.

Are home values rising or falling in Kerry Hill/Van Zandt?

Zillow neighborhood values changed 2.8% year over year and 0.44% month over month.

What is the Neighborhood Momentum Score for Kerry Hill/Van Zandt?

Kerry Hill/Van Zandt has a Neighborhood Momentum Score of 74.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Kerry Hill/Van Zandt?

The NDS-derived neighborhood median household income is approximately $52,505.

How affordable is Kerry Hill/Van Zandt relative to household income?

The current Zillow home-value-to-household-income ratio is 14.07. Price-to-income affordability is a major Value Opportunity input.

Is Kerry Hill/Van Zandt primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 54.0%.

What is the unemployment rate in Kerry Hill/Van Zandt?

The NDS-derived civilian unemployment rate is approximately 6.3%.

How educated are residents of Kerry Hill/Van Zandt?

Approximately 47.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Kerry Hill/Van Zandt face high rent burden?

Approximately 52.5% 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 Kerry Hill/Van Zandt?

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

FULL_OR_NEAR_FULL

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 applications31
Estimated originations19
Home-purchase applications12
Origination rate60.9%
Home-purchase share40.5%
Average application loan$319,300
Total application loan amount$9,775,728
National application rank#9,146 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.6% YoY; originations 9.6% 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.