Neighborhood Profile

Progresso Village

Fort Lauderdale, FL | Broward County
Scored premium profile
Best Neighborhoods USA Index
19.2
National rank: #14,701 of 14,967
Stability and Strength
19.1
Score
Value Opportunity
20.6
Score
Momentum
17.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationFort Lauderdale, FL
CountyBroward County
National rank#14,701 of 14,967
State rank#1,114 of 1,145
City rank#77 of 79
County rank#156 of 160
National percentile1.8
National bandLOWER_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$495,648
Year-over-year home value change-5.8%
Month-over-month home value change0.02%
Home value to income ratio11.20
Median household income$44,257
Bachelor's degree or higher22.7%
Civilian unemployment rate13.5%
Homeownership rate12.5%
Housing vacancy rate4.0%
Rent burden 30% or higher73.5%

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 Progresso Village

What is the Best Neighborhoods USA ranking for Progresso Village?

Progresso Village is ranked #77 of 79 eligible neighborhoods in Fort Lauderdale; #1,114 of 1,145 eligible neighborhoods in FL; and #14,701 of 14,967 eligible neighborhoods in the United States.

Is Progresso Village one of the best neighborhoods in Fort Lauderdale?

Progresso Village has a Best Neighborhoods USA Index of 19.2 and a city ranking of #77 of 79 eligible neighborhoods in Fort Lauderdale.

How much are homes worth in Progresso Village?

The current Zillow Home Value Index for Progresso Village is approximately $495,648.

Are home values rising or falling in Progresso Village?

Zillow neighborhood values changed -5.8% year over year and 0.02% month over month.

What is the Neighborhood Momentum Score for Progresso Village?

Progresso Village has a Neighborhood Momentum Score of 17.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Progresso Village?

The NDS-derived neighborhood median household income is approximately $44,257.

How affordable is Progresso Village relative to household income?

The current Zillow home-value-to-household-income ratio is 11.20. Price-to-income affordability is a major Value Opportunity input.

Is Progresso Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 12.5%.

What is the unemployment rate in Progresso Village?

The NDS-derived civilian unemployment rate is approximately 13.5%.

How educated are residents of Progresso Village?

Approximately 22.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Progresso Village face high rent burden?

Approximately 73.5% 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 Progresso Village?

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 applications87
Estimated originations38
Home-purchase applications45
Origination rate43.5%
Home-purchase share52.1%
Average application loan$337,042
Total application loan amount$29,202,873
National application rank#4,906 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 8.2% YoY; originations 30.3% 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.