What is the Best Neighborhoods USA ranking for South Beach?
South Beach is ranked #128 of 199 eligible neighborhoods in New York; #255 of 418 eligible neighborhoods in NY; and #8,745 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
South Beach
New York, NY | Richmond County
Scored premium profile
Best Neighborhoods USA Index
46.9
Stability and Strength
40.1
Value Opportunity
29.7
Momentum
81.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Richmond County |
| National rank | #8,745 of 14,967 |
| State rank | #255 of 418 |
| City rank | #128 of 199 |
| County rank | #43 of 50 |
| National percentile | 41.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $752,291 |
| Year-over-year home value change | 4.7% |
| Month-over-month home value change | 0.33% |
| Home value to income ratio | 10.66 |
| Median household income | $70,586 |
| Bachelor's degree or higher | 25.6% |
| Civilian unemployment rate | 6.4% |
| Homeownership rate | 66.8% |
| Housing vacancy rate | 6.0% |
| Rent burden 30% or higher | 67.1% |
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 South Beach
Is South Beach one of the best neighborhoods in New York?
South Beach has a Best Neighborhoods USA Index of 46.9 and a city ranking of #128 of 199 eligible neighborhoods in New York.
How much are homes worth in South Beach?
The current Zillow Home Value Index for South Beach is approximately $752,291.
Are home values rising or falling in South Beach?
Zillow neighborhood values changed 4.7% year over year and 0.33% month over month.
What is the Neighborhood Momentum Score for South Beach?
South Beach has a Neighborhood Momentum Score of 81.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in South Beach?
The NDS-derived neighborhood median household income is approximately $70,586.
How affordable is South Beach relative to household income?
The current Zillow home-value-to-household-income ratio is 10.66. Price-to-income affordability is a major Value Opportunity input.
Is South Beach primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 66.8%.
What is the unemployment rate in South Beach?
The NDS-derived civilian unemployment rate is approximately 6.4%.
How educated are residents of South Beach?
Approximately 25.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in South Beach face high rent burden?
Approximately 67.1% 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 South Beach?
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 applications116
Estimated originations70
Home-purchase applications61
Origination rate60.3%
Home-purchase share52.6%
Average application loan$373,654
Total application loan amount$43,213,269
National application rank#3,793 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.2% YoY; originations 9.8% 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.