Neighborhood Profile

North-East Coconut Grove

Miami, FL | Miami-Dade County
Scored premium profile
Best Neighborhoods USA Index
64.0
National rank: #2,764 of 14,967
Stability and Strength
63.2
Score
Value Opportunity
40.9
Score
Momentum
97.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationMiami, FL
CountyMiami-Dade County
National rank#2,764 of 14,967
State rank#102 of 1,145
City rank#1 of 17
County rank#5 of 81
National percentile81.5
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,215,141
Year-over-year home value change9.7%
Month-over-month home value change1.26%
Home value to income ratio17.99
Median household income$123,110
Bachelor's degree or higher75.7%
Civilian unemployment rate5.3%
Homeownership rate59.3%
Housing vacancy rate16.1%
Rent burden 30% or higher45.6%

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 North-East Coconut Grove

What is the Best Neighborhoods USA ranking for North-East Coconut Grove?

North-East Coconut Grove is ranked #1 of 17 eligible neighborhoods in Miami; #102 of 1,145 eligible neighborhoods in FL; and #2,764 of 14,967 eligible neighborhoods in the United States.

Is North-East Coconut Grove one of the best neighborhoods in Miami?

North-East Coconut Grove has a Best Neighborhoods USA Index of 64.0 and a city ranking of #1 of 17 eligible neighborhoods in Miami.

How much are homes worth in North-East Coconut Grove?

The current Zillow Home Value Index for North-East Coconut Grove is approximately $2,215,141.

Are home values rising or falling in North-East Coconut Grove?

Zillow neighborhood values changed 9.7% year over year and 1.26% month over month.

What is the Neighborhood Momentum Score for North-East Coconut Grove?

North-East Coconut Grove has a Neighborhood Momentum Score of 97.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in North-East Coconut Grove?

The NDS-derived neighborhood median household income is approximately $123,110.

How affordable is North-East Coconut Grove relative to household income?

The current Zillow home-value-to-household-income ratio is 17.99. Price-to-income affordability is a major Value Opportunity input.

Is North-East Coconut Grove primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 59.3%.

What is the unemployment rate in North-East Coconut Grove?

The NDS-derived civilian unemployment rate is approximately 5.3%.

How educated are residents of North-East Coconut Grove?

Approximately 75.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in North-East Coconut Grove face high rent burden?

Approximately 45.6% 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 North-East Coconut Grove?

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

HIGH

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 applications489
Estimated originations216
Home-purchase applications251
Origination rate44.1%
Home-purchase share51.4%
Average application loan$875,147
Total application loan amount$428,331,168
National application rank#573 of 14,874 rankable neighborhoods
Geometry coverage98.4%
Recent trend: Applications 0.9% YoY; originations -6.3% 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.