What is the Best Neighborhoods USA ranking for Palms?
Palms is ranked #27 of 94 eligible neighborhoods in Los Angeles; #985 of 1,814 eligible neighborhoods in CA; and #8,285 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Palms
Los Angeles, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
48.2
Stability and Strength
53.1
Value Opportunity
40.2
Momentum
51.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Los Angeles, CA |
| County | Los Angeles County |
| National rank | #8,285 of 14,967 |
| State rank | #985 of 1,814 |
| City rank | #27 of 94 |
| County rank | #165 of 321 |
| National percentile | 44.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,493,541 |
| Year-over-year home value change | 1.7% |
| Month-over-month home value change | -0.18% |
| Home value to income ratio | 14.82 |
| Median household income | $100,764 |
| Bachelor's degree or higher | 68.1% |
| Civilian unemployment rate | 5.5% |
| Homeownership rate | 13.2% |
| Housing vacancy rate | 8.7% |
| Rent burden 30% or higher | 47.7% |
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 Palms
Is Palms one of the best neighborhoods in Los Angeles?
Palms has a Best Neighborhoods USA Index of 48.2 and a city ranking of #27 of 94 eligible neighborhoods in Los Angeles.
How much are homes worth in Palms?
The current Zillow Home Value Index for Palms is approximately $1,493,541.
Are home values rising or falling in Palms?
Zillow neighborhood values changed 1.7% year over year and -0.18% month over month.
What is the Neighborhood Momentum Score for Palms?
Palms has a Neighborhood Momentum Score of 51.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Palms?
The NDS-derived neighborhood median household income is approximately $100,764.
How affordable is Palms relative to household income?
The current Zillow home-value-to-household-income ratio is 14.82. Price-to-income affordability is a major Value Opportunity input.
Is Palms primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 13.2%.
What is the unemployment rate in Palms?
The NDS-derived civilian unemployment rate is approximately 5.5%.
How educated are residents of Palms?
Approximately 68.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Palms face high rent burden?
Approximately 47.7% 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 Palms?
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 applications308
Estimated originations170
Home-purchase applications133
Origination rate55.2%
Home-purchase share43.3%
Average application loan$963,734
Total application loan amount$296,426,068
National application rank#1,143 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 5.5% YoY; originations 8.7% 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.