Neighborhood Profile

Southwest

West Palm Beach, FL | Palm Beach County
Scored premium profile
Best Neighborhoods USA Index
30.2
National rank: #13,454 of 14,967
Stability and Strength
26.8
Score
Value Opportunity
24.3
Score
Momentum
43.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationWest Palm Beach, FL
CountyPalm Beach County
National rank#13,454 of 14,967
State rank#982 of 1,145
City rank#34 of 39
County rank#98 of 109
National percentile10.1
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$414,429
Year-over-year home value change-0.6%
Month-over-month home value change0.14%
Home value to income ratio8.62
Median household income$48,061
Bachelor's degree or higher25.9%
Civilian unemployment rate5.9%
Homeownership rate48.4%
Housing vacancy rate17.4%
Rent burden 30% or higher68.9%

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 Southwest

What is the Best Neighborhoods USA ranking for Southwest?

Southwest is ranked #34 of 39 eligible neighborhoods in West Palm Beach; #982 of 1,145 eligible neighborhoods in FL; and #13,454 of 14,967 eligible neighborhoods in the United States.

Is Southwest one of the best neighborhoods in West Palm Beach?

Southwest has a Best Neighborhoods USA Index of 30.2 and a city ranking of #34 of 39 eligible neighborhoods in West Palm Beach.

How much are homes worth in Southwest?

The current Zillow Home Value Index for Southwest is approximately $414,429.

Are home values rising or falling in Southwest?

Zillow neighborhood values changed -0.6% year over year and 0.14% month over month.

What is the Neighborhood Momentum Score for Southwest?

Southwest has a Neighborhood Momentum Score of 43.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Southwest?

The NDS-derived neighborhood median household income is approximately $48,061.

How affordable is Southwest relative to household income?

The current Zillow home-value-to-household-income ratio is 8.62. Price-to-income affordability is a major Value Opportunity input.

Is Southwest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 48.4%.

What is the unemployment rate in Southwest?

The NDS-derived civilian unemployment rate is approximately 5.9%.

How educated are residents of Southwest?

Approximately 25.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Southwest face high rent burden?

Approximately 68.9% 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 Southwest?

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 applications60
Estimated originations27
Home-purchase applications24
Origination rate44.6%
Home-purchase share40.0%
Average application loan$286,740
Total application loan amount$17,113,932
National application rank#6,532 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.3% YoY; originations -5.9% 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.