What is the Best Neighborhoods USA ranking for Royal Palm Isles?
Royal Palm Isles is ranked #7 of 24 eligible neighborhoods in Oakland Park; #577 of 1,145 eligible neighborhoods in FL; and #9,523 of 14,967 eligible neighborhoods in the United States.
Is Royal Palm Isles one of the best neighborhoods in Oakland Park?
Royal Palm Isles has a Best Neighborhoods USA Index of 44.6 and a city ranking of #7 of 24 eligible neighborhoods in Oakland Park.
How much are homes worth in Royal Palm Isles?
The current Zillow Home Value Index for Royal Palm Isles is approximately $529,490.
Are home values rising or falling in Royal Palm Isles?
Zillow neighborhood values changed -1.5% year over year and -0.28% month over month.
What is the Neighborhood Momentum Score for Royal Palm Isles?
Royal Palm Isles has a Neighborhood Momentum Score of 26.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Royal Palm Isles?
The NDS-derived neighborhood median household income is approximately $78,656.
How affordable is Royal Palm Isles relative to household income?
The current Zillow home-value-to-household-income ratio is 6.73. Price-to-income affordability is a major Value Opportunity input.
Is Royal Palm Isles primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 77.9%.
What is the unemployment rate in Royal Palm Isles?
The NDS-derived civilian unemployment rate is approximately 4.4%.
How educated are residents of Royal Palm Isles?
Approximately 30.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Royal Palm Isles face high rent burden?
Approximately 25.3% 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 Royal Palm Isles?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.