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.