What is the Best Neighborhoods USA ranking for Old Northwood?
Old Northwood is ranked #11 of 39 eligible neighborhoods in West Palm Beach; #279 of 1,145 eligible neighborhoods in FL; and #5,646 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Old Northwood
West Palm Beach, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
55.3
Stability and Strength
49.9
Value Opportunity
30.3
Momentum
98.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | West Palm Beach, FL |
| County | Palm Beach County |
| National rank | #5,646 of 14,967 |
| State rank | #279 of 1,145 |
| City rank | #11 of 39 |
| County rank | #36 of 109 |
| National percentile | 62.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,093,707 |
| Year-over-year home value change | 14.7% |
| Month-over-month home value change | 1.14% |
| Home value to income ratio | 15.25 |
| Median household income | $71,706 |
| Bachelor's degree or higher | 33.1% |
| Civilian unemployment rate | 2.6% |
| Homeownership rate | 68.4% |
| Housing vacancy rate | 18.8% |
| Rent burden 30% or higher | 50.2% |
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 Old Northwood
Is Old Northwood one of the best neighborhoods in West Palm Beach?
Old Northwood has a Best Neighborhoods USA Index of 55.3 and a city ranking of #11 of 39 eligible neighborhoods in West Palm Beach.
How much are homes worth in Old Northwood?
The current Zillow Home Value Index for Old Northwood is approximately $1,093,707.
Are home values rising or falling in Old Northwood?
Zillow neighborhood values changed 14.7% year over year and 1.14% month over month.
What is the Neighborhood Momentum Score for Old Northwood?
Old Northwood has a Neighborhood Momentum Score of 98.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Old Northwood?
The NDS-derived neighborhood median household income is approximately $71,706.
How affordable is Old Northwood relative to household income?
The current Zillow home-value-to-household-income ratio is 15.25. Price-to-income affordability is a major Value Opportunity input.
Is Old Northwood primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 68.4%.
What is the unemployment rate in Old Northwood?
The NDS-derived civilian unemployment rate is approximately 2.6%.
How educated are residents of Old Northwood?
Approximately 33.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Old Northwood face high rent burden?
Approximately 50.2% 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 Old Northwood?
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 applications39
Estimated originations18
Home-purchase applications19
Origination rate44.9%
Home-purchase share49.5%
Average application loan$727,817
Total application loan amount$28,508,312
National application rank#8,219 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.1% YoY; originations 51.7% 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.