What is the Best Neighborhoods USA ranking for Montecito Heights?
Montecito Heights is ranked #11 of 94 eligible neighborhoods in Los Angeles; #721 of 1,814 eligible neighborhoods in CA; and #6,472 of 14,967 eligible neighborhoods in the United States.
Is Montecito Heights one of the best neighborhoods in Los Angeles?
Montecito Heights has a Best Neighborhoods USA Index of 53.1 and a city ranking of #11 of 94 eligible neighborhoods in Los Angeles.
How much are homes worth in Montecito Heights?
The current Zillow Home Value Index for Montecito Heights is approximately $906,282.
Are home values rising or falling in Montecito Heights?
Zillow neighborhood values changed 3.9% year over year and 0.20% month over month.
What is the Neighborhood Momentum Score for Montecito Heights?
Montecito Heights has a Neighborhood Momentum Score of 74.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Montecito Heights?
The NDS-derived neighborhood median household income is approximately $110,111.
How affordable is Montecito Heights relative to household income?
The current Zillow home-value-to-household-income ratio is 8.23. Price-to-income affordability is a major Value Opportunity input.
Is Montecito Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 58.4%.
What is the unemployment rate in Montecito Heights?
The NDS-derived civilian unemployment rate is approximately 8.2%.
How educated are residents of Montecito Heights?
Approximately 33.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Montecito Heights face high rent burden?
Approximately 48.1% 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 Montecito Heights?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.