What is the Best Neighborhoods USA ranking for Ridge Wood Heights?
Ridge Wood Heights is ranked #21 of 57 eligible neighborhoods in Sarasota; #475 of 1,145 eligible neighborhoods in FL; and #8,401 of 14,967 eligible neighborhoods in the United States.
Is Ridge Wood Heights one of the best neighborhoods in Sarasota?
Ridge Wood Heights has a Best Neighborhoods USA Index of 47.8 and a city ranking of #21 of 57 eligible neighborhoods in Sarasota.
How much are homes worth in Ridge Wood Heights?
The current Zillow Home Value Index for Ridge Wood Heights is approximately $377,446.
Are home values rising or falling in Ridge Wood Heights?
Zillow neighborhood values changed -2.0% year over year and 0.25% month over month.
What is the Neighborhood Momentum Score for Ridge Wood Heights?
Ridge Wood Heights has a Neighborhood Momentum Score of 36.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Ridge Wood Heights?
The NDS-derived neighborhood median household income is approximately $70,292.
How affordable is Ridge Wood Heights relative to household income?
The current Zillow home-value-to-household-income ratio is 5.37. Price-to-income affordability is a major Value Opportunity input.
Is Ridge Wood Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 74.5%.
What is the unemployment rate in Ridge Wood Heights?
The NDS-derived civilian unemployment rate is approximately 1.7%.
How educated are residents of Ridge Wood Heights?
Approximately 32.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Ridge Wood Heights face high rent burden?
Approximately 50.4% 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 Ridge Wood Heights?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.