What is the Best Neighborhoods USA ranking for Panama Park?
Panama Park is ranked #185 of 188 eligible neighborhoods in Jacksonville; #1,126 of 1,145 eligible neighborhoods in FL; and #14,831 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Panama Park
Jacksonville, FL | Duval County
Scored premium profile
Best Neighborhoods USA Index
16.4
Stability and Strength
24.4
Value Opportunity
11.0
Momentum
11.2
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 | #14,831 of 14,967 |
| State rank | #1,126 of 1,145 |
| City rank | #185 of 188 |
| County rank | #185 of 188 |
| National percentile | 0.9 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $133,092 |
| Year-over-year home value change | -3.3% |
| Month-over-month home value change | -0.75% |
| Home value to income ratio | 16.74 |
| Median household income | $7,950 |
| Bachelor's degree or higher | 24.3% |
| Civilian unemployment rate | 9.1% |
| Homeownership rate | 56.8% |
| Housing vacancy rate | 19.4% |
| Rent burden 30% or higher | 43.4% |
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 Panama Park
Is Panama Park one of the best neighborhoods in Jacksonville?
Panama Park has a Best Neighborhoods USA Index of 16.4 and a city ranking of #185 of 188 eligible neighborhoods in Jacksonville.
How much are homes worth in Panama Park?
The current Zillow Home Value Index for Panama Park is approximately $133,092.
Are home values rising or falling in Panama Park?
Zillow neighborhood values changed -3.3% year over year and -0.75% month over month.
What is the Neighborhood Momentum Score for Panama Park?
Panama Park 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 Panama Park?
The NDS-derived neighborhood median household income is approximately $7,950.
How affordable is Panama Park relative to household income?
The current Zillow home-value-to-household-income ratio is 16.74. Price-to-income affordability is a major Value Opportunity input.
Is Panama Park primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 56.8%.
What is the unemployment rate in Panama Park?
The NDS-derived civilian unemployment rate is approximately 9.1%.
How educated are residents of Panama Park?
Approximately 24.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Panama Park face high rent burden?
Approximately 43.4% 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 Panama Park?
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 applications145
Estimated originations70
Home-purchase applications84
Origination rate48.3%
Home-purchase share58.3%
Average application loan$136,008
Total application loan amount$19,721,711
National application rank#3,035 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 13.2% YoY; originations 21.0% 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.