What is the Best Neighborhoods USA ranking for Biscayne Terrace?
Biscayne Terrace is ranked #72 of 188 eligible neighborhoods in Jacksonville; #401 of 1,145 eligible neighborhoods in FL; and #7,455 of 14,967 eligible neighborhoods in the United States.
Is Biscayne Terrace one of the best neighborhoods in Jacksonville?
Biscayne Terrace has a Best Neighborhoods USA Index of 50.5 and a city ranking of #72 of 188 eligible neighborhoods in Jacksonville.
How much are homes worth in Biscayne Terrace?
The current Zillow Home Value Index for Biscayne Terrace is approximately $272,798.
Are home values rising or falling in Biscayne Terrace?
Zillow neighborhood values changed 0.1% year over year and 0.25% month over month.
What is the Neighborhood Momentum Score for Biscayne Terrace?
Biscayne Terrace has a Neighborhood Momentum Score of 52.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Biscayne Terrace?
The NDS-derived neighborhood median household income is approximately $55,428.
How affordable is Biscayne Terrace relative to household income?
The current Zillow home-value-to-household-income ratio is 4.92. Price-to-income affordability is a major Value Opportunity input.
Is Biscayne Terrace primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 87.4%.
What is the unemployment rate in Biscayne Terrace?
The NDS-derived civilian unemployment rate is approximately 2.4%.
How educated are residents of Biscayne Terrace?
Approximately 27.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Biscayne Terrace face high rent burden?
Approximately 49.4% 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 Biscayne Terrace?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.