Neighborhood Profile

Lake Forest

Jacksonville, FL | Duval County
Scored premium profile
Best Neighborhoods USA Index
30.4
National rank: #13,415 of 14,967
Stability and Strength
18.6
Score
Value Opportunity
36.4
Score
Momentum
40.9
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationJacksonville, FL
CountyDuval County
National rank#13,415 of 14,967
State rank#974 of 1,145
City rank#161 of 188
County rank#161 of 188
National percentile10.4
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$152,998
Year-over-year home value change-1.0%
Month-over-month home value change0.14%
Home value to income ratio4.44
Median household income$34,453
Bachelor's degree or higher11.4%
Civilian unemployment rate11.2%
Homeownership rate48.0%
Housing vacancy rate4.5%
Rent burden 30% or higher80.5%

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 Lake Forest

What is the Best Neighborhoods USA ranking for Lake Forest?

Lake Forest is ranked #161 of 188 eligible neighborhoods in Jacksonville; #974 of 1,145 eligible neighborhoods in FL; and #13,415 of 14,967 eligible neighborhoods in the United States.

Is Lake Forest one of the best neighborhoods in Jacksonville?

Lake Forest has a Best Neighborhoods USA Index of 30.4 and a city ranking of #161 of 188 eligible neighborhoods in Jacksonville.

How much are homes worth in Lake Forest?

The current Zillow Home Value Index for Lake Forest is approximately $152,998.

Are home values rising or falling in Lake Forest?

Zillow neighborhood values changed -1.0% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Lake Forest?

Lake Forest has a Neighborhood Momentum Score of 40.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Lake Forest?

The NDS-derived neighborhood median household income is approximately $34,453.

How affordable is Lake Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 4.44. Price-to-income affordability is a major Value Opportunity input.

Is Lake Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.0%.

What is the unemployment rate in Lake Forest?

The NDS-derived civilian unemployment rate is approximately 11.2%.

How educated are residents of Lake Forest?

Approximately 11.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Lake Forest face high rent burden?

Approximately 80.5% 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 Lake Forest?

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 applications116
Estimated originations52
Home-purchase applications49
Origination rate44.5%
Home-purchase share42.4%
Average application loan$172,103
Total application loan amount$19,919,048
National application rank#3,788 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.9% YoY; originations 18.6% 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.