What is the Best Neighborhoods USA ranking for Little Havana?
Little Havana is ranked #15 of 17 eligible neighborhoods in Miami; #975 of 1,145 eligible neighborhoods in FL; and #13,430 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Little Havana
Miami, FL | Miami-Dade County
Scored premium profile
Best Neighborhoods USA Index
30.3
Stability and Strength
23.3
Value Opportunity
19.7
Momentum
56.3
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Miami, FL |
| County | Miami-Dade County |
| National rank | #13,430 of 14,967 |
| State rank | #975 of 1,145 |
| City rank | #15 of 17 |
| County rank | #73 of 81 |
| National percentile | 10.3 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $640,672 |
| Year-over-year home value change | 0.2% |
| Month-over-month home value change | 0.38% |
| Home value to income ratio | 16.76 |
| Median household income | $38,223 |
| Bachelor's degree or higher | 18.8% |
| Civilian unemployment rate | 4.7% |
| Homeownership rate | 9.4% |
| Housing vacancy rate | 8.4% |
| Rent burden 30% or higher | 66.2% |
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 Little Havana
Is Little Havana one of the best neighborhoods in Miami?
Little Havana has a Best Neighborhoods USA Index of 30.3 and a city ranking of #15 of 17 eligible neighborhoods in Miami.
How much are homes worth in Little Havana?
The current Zillow Home Value Index for Little Havana is approximately $640,672.
Are home values rising or falling in Little Havana?
Zillow neighborhood values changed 0.2% year over year and 0.38% month over month.
What is the Neighborhood Momentum Score for Little Havana?
Little Havana has a Neighborhood Momentum Score of 56.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Little Havana?
The NDS-derived neighborhood median household income is approximately $38,223.
How affordable is Little Havana relative to household income?
The current Zillow home-value-to-household-income ratio is 16.76. Price-to-income affordability is a major Value Opportunity input.
Is Little Havana primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 9.4%.
What is the unemployment rate in Little Havana?
The NDS-derived civilian unemployment rate is approximately 4.7%.
How educated are residents of Little Havana?
Approximately 18.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Little Havana face high rent burden?
Approximately 66.2% 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 Little Havana?
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 applications399
Estimated originations165
Home-purchase applications207
Origination rate41.4%
Home-purchase share52.0%
Average application loan$584,960
Total application loan amount$233,339,558
National application rank#792 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.1% YoY; originations 5.1% 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.