What is the Best Neighborhoods USA ranking for Otis?
Otis is ranked #65 of 188 eligible neighborhoods in Jacksonville; #378 of 1,145 eligible neighborhoods in FL; and #7,186 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Otis
Jacksonville, FL | Duval County
Scored premium profile
Best Neighborhoods USA Index
51.2
Stability and Strength
54.5
Value Opportunity
57.5
Momentum
37.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Jacksonville, FL |
| County | Duval County |
| National rank | #7,186 of 14,967 |
| State rank | #378 of 1,145 |
| City rank | #65 of 188 |
| County rank | #65 of 188 |
| National percentile | 52.0 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $325,373 |
| Year-over-year home value change | -0.1% |
| Month-over-month home value change | -0.24% |
| Home value to income ratio | 4.44 |
| Median household income | $73,291 |
| Bachelor's degree or higher | 21.0% |
| Civilian unemployment rate | 1.9% |
| Homeownership rate | 89.6% |
| Housing vacancy rate | 2.4% |
| Rent burden 30% or higher | 74.0% |
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 Otis
Is Otis one of the best neighborhoods in Jacksonville?
Otis has a Best Neighborhoods USA Index of 51.2 and a city ranking of #65 of 188 eligible neighborhoods in Jacksonville.
How much are homes worth in Otis?
The current Zillow Home Value Index for Otis is approximately $325,373.
Are home values rising or falling in Otis?
Zillow neighborhood values changed -0.1% year over year and -0.24% month over month.
What is the Neighborhood Momentum Score for Otis?
Otis has a Neighborhood Momentum Score of 37.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Otis?
The NDS-derived neighborhood median household income is approximately $73,291.
How affordable is Otis 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 Otis primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 89.6%.
What is the unemployment rate in Otis?
The NDS-derived civilian unemployment rate is approximately 1.9%.
How educated are residents of Otis?
Approximately 21.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Otis face high rent burden?
Approximately 74.0% 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 Otis?
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 applications26
Estimated originations14
Home-purchase applications15
Origination rate53.4%
Home-purchase share59.7%
Average application loan$273,622
Total application loan amount$7,091,275
National application rank#9,805 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.8% YoY; originations 6.8% 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.