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.