Neighborhood Profile

Melrose Manors

Fort Lauderdale, FL | Broward County
Scored premium profile
Best Neighborhoods USA Index
28.5
National rank: #13,726 of 14,967
Stability and Strength
29.5
Score
Value Opportunity
28.7
Score
Momentum
26.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Lauderdale, FL
CountyBroward County
National rank#13,726 of 14,967
State rank#1,012 of 1,145
City rank#69 of 79
County rank#134 of 160
National percentile8.3
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$428,074
Year-over-year home value change-2.2%
Month-over-month home value change-0.08%
Home value to income ratio7.02
Median household income$60,983
Bachelor's degree or higher11.0%
Civilian unemployment rate9.8%
Homeownership rate71.1%
Housing vacancy rate5.1%
Rent burden 30% or higher84.8%

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 Melrose Manors

What is the Best Neighborhoods USA ranking for Melrose Manors?

Melrose Manors is ranked #69 of 79 eligible neighborhoods in Fort Lauderdale; #1,012 of 1,145 eligible neighborhoods in FL; and #13,726 of 14,967 eligible neighborhoods in the United States.

Is Melrose Manors one of the best neighborhoods in Fort Lauderdale?

Melrose Manors has a Best Neighborhoods USA Index of 28.5 and a city ranking of #69 of 79 eligible neighborhoods in Fort Lauderdale.

How much are homes worth in Melrose Manors?

The current Zillow Home Value Index for Melrose Manors is approximately $428,074.

Are home values rising or falling in Melrose Manors?

Zillow neighborhood values changed -2.2% year over year and -0.08% month over month.

What is the Neighborhood Momentum Score for Melrose Manors?

Melrose Manors has a Neighborhood Momentum Score of 26.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Melrose Manors?

The NDS-derived neighborhood median household income is approximately $60,983.

How affordable is Melrose Manors relative to household income?

The current Zillow home-value-to-household-income ratio is 7.02. Price-to-income affordability is a major Value Opportunity input.

Is Melrose Manors primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 71.1%.

What is the unemployment rate in Melrose Manors?

The NDS-derived civilian unemployment rate is approximately 9.8%.

How educated are residents of Melrose Manors?

Approximately 11.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Melrose Manors face high rent burden?

Approximately 84.8% 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 Melrose Manors?

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 applications116
Estimated originations53
Home-purchase applications58
Origination rate45.3%
Home-purchase share50.2%
Average application loan$296,680
Total application loan amount$34,402,588
National application rank#3,781 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 25.7% YoY; originations 29.4% 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.