Neighborhood Profile

Fairfax

Jacksonville, FL | Duval County
Scored premium profile
Best Neighborhoods USA Index
56.3
National rank: #5,274 of 14,967
Stability and Strength
67.4
Score
Value Opportunity
69.1
Score
Momentum
20.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationJacksonville, FL
CountyDuval County
National rank#5,274 of 14,967
State rank#259 of 1,145
City rank#43 of 188
County rank#43 of 188
National percentile64.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$402,026
Year-over-year home value change-1.7%
Month-over-month home value change-0.59%
Home value to income ratio4.19
Median household income$96,012
Bachelor's degree or higher56.1%
Civilian unemployment rate2.9%
Homeownership rate73.7%
Housing vacancy rate2.7%
Rent burden 30% or higher55.9%

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 Fairfax

What is the Best Neighborhoods USA ranking for Fairfax?

Fairfax is ranked #43 of 188 eligible neighborhoods in Jacksonville; #259 of 1,145 eligible neighborhoods in FL; and #5,274 of 14,967 eligible neighborhoods in the United States.

Is Fairfax one of the best neighborhoods in Jacksonville?

Fairfax has a Best Neighborhoods USA Index of 56.3 and a city ranking of #43 of 188 eligible neighborhoods in Jacksonville.

How much are homes worth in Fairfax?

The current Zillow Home Value Index for Fairfax is approximately $402,026.

Are home values rising or falling in Fairfax?

Zillow neighborhood values changed -1.7% year over year and -0.59% month over month.

What is the Neighborhood Momentum Score for Fairfax?

Fairfax has a Neighborhood Momentum Score of 20.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Fairfax?

The NDS-derived neighborhood median household income is approximately $96,012.

How affordable is Fairfax relative to household income?

The current Zillow home-value-to-household-income ratio is 4.19. Price-to-income affordability is a major Value Opportunity input.

Is Fairfax primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 73.7%.

What is the unemployment rate in Fairfax?

The NDS-derived civilian unemployment rate is approximately 2.9%.

How educated are residents of Fairfax?

Approximately 56.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Fairfax face high rent burden?

Approximately 55.9% 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 Fairfax?

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 applications54
Estimated originations26
Home-purchase applications23
Origination rate48.6%
Home-purchase share42.5%
Average application loan$263,256
Total application loan amount$14,106,914
National application rank#6,960 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -20.1% YoY; originations -23.4% 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.