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.