Neighborhood Profile

Highland Village

North Miami Beach, FL | Miami-Dade County
Scored premium profile
Best Neighborhoods USA Index
35.0
National rank: #12,404 of 14,967
Stability and Strength
36.5
Score
Value Opportunity
47.9
Score
Momentum
14.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNorth Miami Beach, FL
CountyMiami-Dade County
National rank#12,404 of 14,967
State rank#866 of 1,145
City rank#10 of 12
County rank#61 of 81
National percentile17.1
National bandLOWER_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$288,904
Year-over-year home value change-3.2%
Month-over-month home value change-0.41%
Home value to income ratio4.72
Median household income$61,228
Bachelor's degree or higher44.9%
Civilian unemployment rate3.8%
Homeownership rate37.9%
Housing vacancy rate24.8%
Rent burden 30% or higher74.9%

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 Highland Village

What is the Best Neighborhoods USA ranking for Highland Village?

Highland Village is ranked #10 of 12 eligible neighborhoods in North Miami Beach; #866 of 1,145 eligible neighborhoods in FL; and #12,404 of 14,967 eligible neighborhoods in the United States.

Is Highland Village one of the best neighborhoods in North Miami Beach?

Highland Village has a Best Neighborhoods USA Index of 35.0 and a city ranking of #10 of 12 eligible neighborhoods in North Miami Beach.

How much are homes worth in Highland Village?

The current Zillow Home Value Index for Highland Village is approximately $288,904.

Are home values rising or falling in Highland Village?

Zillow neighborhood values changed -3.2% year over year and -0.41% month over month.

What is the Neighborhood Momentum Score for Highland Village?

Highland Village has a Neighborhood Momentum Score of 14.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Highland Village?

The NDS-derived neighborhood median household income is approximately $61,228.

How affordable is Highland Village relative to household income?

The current Zillow home-value-to-household-income ratio is 4.72. Price-to-income affordability is a major Value Opportunity input.

Is Highland Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 37.9%.

What is the unemployment rate in Highland Village?

The NDS-derived civilian unemployment rate is approximately 3.8%.

How educated are residents of Highland Village?

Approximately 44.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Highland Village face high rent burden?

Approximately 74.9% 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 Highland Village?

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 applications46
Estimated originations16
Home-purchase applications25
Origination rate35.9%
Home-purchase share53.9%
Average application loan$489,218
Total application loan amount$22,262,670
National application rank#7,634 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -14.6% YoY; originations -22.6% 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.