What is the Best Neighborhoods USA ranking for Magnolia Gardens?
Magnolia Gardens is ranked #169 of 188 eligible neighborhoods in Jacksonville; #1,055 of 1,145 eligible neighborhoods in FL; and #14,167 of 14,967 eligible neighborhoods in the United States.
Is Magnolia Gardens one of the best neighborhoods in Jacksonville?
Magnolia Gardens has a Best Neighborhoods USA Index of 25.4 and a city ranking of #169 of 188 eligible neighborhoods in Jacksonville.
How much are homes worth in Magnolia Gardens?
The current Zillow Home Value Index for Magnolia Gardens is approximately $127,766.
Are home values rising or falling in Magnolia Gardens?
Zillow neighborhood values changed -4.0% year over year and -0.41% month over month.
What is the Neighborhood Momentum Score for Magnolia Gardens?
Magnolia Gardens has a Neighborhood Momentum Score of 11.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Magnolia Gardens?
The NDS-derived neighborhood median household income is approximately $36,217.
How affordable is Magnolia Gardens relative to household income?
The current Zillow home-value-to-household-income ratio is 3.53. Price-to-income affordability is a major Value Opportunity input.
Is Magnolia Gardens primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 61.6%.
What is the unemployment rate in Magnolia Gardens?
The NDS-derived civilian unemployment rate is approximately 21.2%.
How educated are residents of Magnolia Gardens?
Approximately 22.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Magnolia Gardens face high rent burden?
Approximately 66.2% 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 Magnolia Gardens?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.