What is the Best Neighborhoods USA ranking for Cortez/Stege?
Cortez/Stege is ranked #27 of 27 eligible neighborhoods in Richmond; #1,768 of 1,814 eligible neighborhoods in CA; and #14,484 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Cortez/Stege
Richmond, CA | Contra Costa County
Scored premium profile
Best Neighborhoods USA Index
22.3
Stability and Strength
19.9
Value Opportunity
15.7
Momentum
35.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Richmond, CA |
| County | Contra Costa County |
| National rank | #14,484 of 14,967 |
| State rank | #1,768 of 1,814 |
| City rank | #27 of 27 |
| County rank | #57 of 57 |
| National percentile | 3.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $551,015 |
| Year-over-year home value change | -2.3% |
| Month-over-month home value change | 0.26% |
| Home value to income ratio | 22.09 |
| Median household income | $24,948 |
| Bachelor's degree or higher | 10.3% |
| Civilian unemployment rate | 6.4% |
| Homeownership rate | 26.9% |
| Housing vacancy rate | 4.4% |
| Rent burden 30% or higher | 64.6% |
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 Cortez/Stege
Is Cortez/Stege one of the best neighborhoods in Richmond?
Cortez/Stege has a Best Neighborhoods USA Index of 22.3 and a city ranking of #27 of 27 eligible neighborhoods in Richmond.
How much are homes worth in Cortez/Stege?
The current Zillow Home Value Index for Cortez/Stege is approximately $551,015.
Are home values rising or falling in Cortez/Stege?
Zillow neighborhood values changed -2.3% year over year and 0.26% month over month.
What is the Neighborhood Momentum Score for Cortez/Stege?
Cortez/Stege has a Neighborhood Momentum Score of 35.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Cortez/Stege?
The NDS-derived neighborhood median household income is approximately $24,948.
How affordable is Cortez/Stege relative to household income?
The current Zillow home-value-to-household-income ratio is 22.09. Price-to-income affordability is a major Value Opportunity input.
Is Cortez/Stege primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 26.9%.
What is the unemployment rate in Cortez/Stege?
The NDS-derived civilian unemployment rate is approximately 6.4%.
How educated are residents of Cortez/Stege?
Approximately 10.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Cortez/Stege face high rent burden?
Approximately 64.6% 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 Cortez/Stege?
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 applications58
Estimated originations25
Home-purchase applications21
Origination rate43.3%
Home-purchase share36.8%
Average application loan$399,765
Total application loan amount$23,133,503
National application rank#6,650 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.1% YoY; originations 18.3% 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.