Neighborhood Profile

Palm Beach Lakes

West Palm Beach, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
34.8
National rank: #12,451 of 14,967
Stability and Strength
30.6
Score
Value Opportunity
26.9
Score
Momentum
52.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWest Palm Beach, FL
CountyPalm Beach County
National rank#12,451 of 14,967
State rank#871 of 1,145
City rank#30 of 39
County rank#86 of 109
National percentile16.8
National bandLOWER_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$434,856
Year-over-year home value change-0.6%
Month-over-month home value change0.59%
Home value to income ratio7.48
Median household income$58,164
Bachelor's degree or higher19.1%
Civilian unemployment rate11.9%
Homeownership rate68.2%
Housing vacancy rate6.5%
Rent burden 30% or higher63.6%

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 Palm Beach Lakes

What is the Best Neighborhoods USA ranking for Palm Beach Lakes?

Palm Beach Lakes is ranked #30 of 39 eligible neighborhoods in West Palm Beach; #871 of 1,145 eligible neighborhoods in FL; and #12,451 of 14,967 eligible neighborhoods in the United States.

Is Palm Beach Lakes one of the best neighborhoods in West Palm Beach?

Palm Beach Lakes has a Best Neighborhoods USA Index of 34.8 and a city ranking of #30 of 39 eligible neighborhoods in West Palm Beach.

How much are homes worth in Palm Beach Lakes?

The current Zillow Home Value Index for Palm Beach Lakes is approximately $434,856.

Are home values rising or falling in Palm Beach Lakes?

Zillow neighborhood values changed -0.6% year over year and 0.59% month over month.

What is the Neighborhood Momentum Score for Palm Beach Lakes?

Palm Beach Lakes has a Neighborhood Momentum Score of 52.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Palm Beach Lakes?

The NDS-derived neighborhood median household income is approximately $58,164.

How affordable is Palm Beach Lakes relative to household income?

The current Zillow home-value-to-household-income ratio is 7.48. Price-to-income affordability is a major Value Opportunity input.

Is Palm Beach Lakes primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 68.2%.

What is the unemployment rate in Palm Beach Lakes?

The NDS-derived civilian unemployment rate is approximately 11.9%.

How educated are residents of Palm Beach Lakes?

Approximately 19.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Palm Beach Lakes face high rent burden?

Approximately 63.6% 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 Palm Beach Lakes?

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 applications79
Estimated originations34
Home-purchase applications27
Origination rate42.7%
Home-purchase share33.9%
Average application loan$246,091
Total application loan amount$19,390,118
National application rank#5,296 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -12.8% YoY; originations -17.2% 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.