Neighborhood Profile

Woodlake

Greenacres, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
25.9
National rank: #14,091 of 14,967
Stability and Strength
27.6
Score
Value Opportunity
26.2
Score
Momentum
22.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGreenacres, FL
CountyPalm Beach County
National rank#14,091 of 14,967
State rank#1,044 of 1,145
City rank#23 of 25
County rank#103 of 109
National percentile5.9
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$347,781
Year-over-year home value change-2.7%
Month-over-month home value change-0.11%
Home value to income ratio7.63
Median household income$45,598
Bachelor's degree or higher23.1%
Civilian unemployment rate7.5%
Homeownership rate63.7%
Housing vacancy rate8.6%
Rent burden 30% or higher95.0%

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 Woodlake

What is the Best Neighborhoods USA ranking for Woodlake?

Woodlake is ranked #23 of 25 eligible neighborhoods in Greenacres; #1,044 of 1,145 eligible neighborhoods in FL; and #14,091 of 14,967 eligible neighborhoods in the United States.

Is Woodlake one of the best neighborhoods in Greenacres?

Woodlake has a Best Neighborhoods USA Index of 25.9 and a city ranking of #23 of 25 eligible neighborhoods in Greenacres.

How much are homes worth in Woodlake?

The current Zillow Home Value Index for Woodlake is approximately $347,781.

Are home values rising or falling in Woodlake?

Zillow neighborhood values changed -2.7% year over year and -0.11% month over month.

What is the Neighborhood Momentum Score for Woodlake?

Woodlake has a Neighborhood Momentum Score of 22.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Woodlake?

The NDS-derived neighborhood median household income is approximately $45,598.

How affordable is Woodlake relative to household income?

The current Zillow home-value-to-household-income ratio is 7.63. Price-to-income affordability is a major Value Opportunity input.

Is Woodlake primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 63.7%.

What is the unemployment rate in Woodlake?

The NDS-derived civilian unemployment rate is approximately 7.5%.

How educated are residents of Woodlake?

Approximately 23.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Woodlake face high rent burden?

Approximately 95.0% 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 Woodlake?

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 applications38
Estimated originations19
Home-purchase applications19
Origination rate50.0%
Home-purchase share50.7%
Average application loan$194,927
Total application loan amount$7,404,955
National application rank#8,334 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -4.9% YoY; originations -16.0% 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.